Skip to content
RDP 9601: Why Does the Australian Dollar Move so Closely with the Terms of Trade?
Equation (13)
E
R
t
,
8
≈
100
×
(
q
t
+
8
−
q
t
)
+
2
×
(
8
r
t
A
U
S
−
8
r
t
∗
)
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyraiaadkfadaWgaaWcbaGaamiDaiaacYcacaaI4aaabeaakiabgIKi7kaaigdacaaIWaGaaGimaiabgEna0oaabmaabaGaamyCamaaBaaaleaacaWG0bGaey4kaSIaaGioaaqabaGccqGHsislcaWGXbWaaSbaaSqaaiaadshaaeqaaaGccaGLOaGaayzkaaGaey4kaSIaaGOmaiabgEna0oaabmaabaWaaSbaaSqaaiaaiIdaaeqaaOGaamOCamaaDaaaleaacaWG0baabaGaamyqaiaadwfacaWGtbaaaOGaeyOeI0YaaSbaaSqaaiaaiIdaaeqaaOGaamOCamaaDaaaleaacaWG0baabaGaey4fIOcaaaGccaGLOaGaayzkaaaaaa@5861@