RDP 2007-06: The Butterfly Effect of Small Open Economies Equation (26)

( Q 2 Π 0 Q 2 Π 21 Q 2 Π 22 ) ( η t η t ) = ( Q 2 Ψ 0 Q 2 Ψ 21 Q 2 Ψ 22 ) ( ε t ε t ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaeWaaeaafa qabeGacaaabaGaamyuamaaDaaaleaacaaIYaaabaGaey4fIOcaaGGa aOGae8hOda1aaWbaaSqabeaacqGHxiIkaaaakeaacaaIWaaabaGaam yuamaaBaaaleaacaaIYaaabeaakiab=b6aqnaaCaaaleqabaGaaGOm aiaaigdaaaaakeaacaWGrbWaaSbaaSqaaiaaikdaaeqaaOGae8hOda 1aaWbaaSqabeaacaaIYaGaaGOmaaaaaaaakiaawIcacaGLPaaadaqa daqaamaalaaabaGaeq4TdG2aa0baaSqaaiaadshaaeaacqGHxiIkaa aakeaacqaH3oaAdaWgaaWcbaGaamiDaaqabaaaaaGccaGLOaGaayzk aaGaeyypa0Jae8NeI0YaaeWaaeaafaqabeGacaaabaGaamyuamaaDa aaleaacaaIYaaabaGaey4fIOcaaOGaeuiQdK1aaWbaaSqabeaacqGH xiIkaaaakeaacaaIWaaabaGaamyuamaaBaaaleaacaaIYaaabeaaki abfI6aznaaCaaaleqabaGaaGOmaiaaigdaaaaakeaacaWGrbWaaSba aSqaaiaaikdaaeqaaOGaeuiQdK1aaWbaaSqabeaacaaIYaGaaGOmaa aaaaaakiaawIcacaGLPaaadaqadaqaamaalaaabaGaeqyTdu2aa0ba aSqaaiaadshaaeaacqGHxiIkaaaakeaacqaH1oqzdaWgaaWcbaGaam iDaaqabaaaaaGccaGLOaGaayzkaaaaaa@6BB1@