Skip to content
RDP 9304: Exchange Rate Pass-Through: The Different Responses of Importers and Exporters
Equation (7)
I
P
D
t
x
=
α
+
β
W
P
t
x
+
λ
T
W
I
t
x
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamysaiaadc facaWGebWaa0baaSqaaiaadshaaeaacaWG4baaaOGaeyypa0JaeqyS deMaey4kaSIaeqOSdiMaam4vaiaadcfadaqhaaWcbaGaamiDaaqaai aadIhaaaGccqGHRaWkcqaH7oaBcaWGubGaam4vaiaadMeadaqhaaWc baGaamiDaaqaaiaadIhaaaaaaa@4AD1@