RDP 9309: Alternative Concepts of the Real Exchange Rate: A Reconciliation Equation (3)

P = P t 1 − α P n α MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiuaiabg2 da9iaadcfadaqhaaWcbaGaamiDaaqaaiaaigdacqGHsislcqaHXoqy aaGccaWGqbWaa0baaSqaaiaad6gaaeaacqaHXoqyaaaaaa@40B1@