Skip to content
RDP 9705: The Response of the Current Account to Terms of Trade Shocks: A Panel-data Study
Equation (5a)
i
t
−
1
=
f
′
−
1
(
r
/
E
t
−
1
(
p
t
A
t
)
)
−
k
t
−
1
,
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyAamaaBa aaleaacaWG0bGaeyOeI0IaaGymaaqabaGccqGH9aqpceWGMbGbauaa daahaaWcbeqaaiabgkHiTiaaigdaaaGcdaqadaqaaiaadkhacaGGVa GaamyramaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGcdaqadaqa aiaadchadaWgaaWcbaGaamiDaaqabaGccaWGbbWaaSbaaSqaaiaads haaeqaaaGccaGLOaGaayzkaaaacaGLOaGaayzkaaGaeyOeI0Iaam4A amaaBaaaleaacaWG0bGaeyOeI0IaaGymaaqabaGccaGGSaaaaa@4F71@