RDP 9309: Alternative Concepts of the Real Exchange Rate: A Reconciliation
Equation (4)
P
∗
=
P
t
∗
1
−
β
P
n
∗
β
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiuamaaCa aaleqabaGaey4fIOcaaOGaeyypa0JaamiuamaaDaaaleaacaWG0baa baGaey4fIOIaaGymaiabgkHiTiabek7aIbaakiaadcfadaqhaaWcba GaamOBaaqaaiabgEHiQiabek7aIbaaaaa@43B9@