RDP 2007-06: The Butterfly Effect of Small Open Economies Equation (27)

η t = ( Q 2 Π ) 1 Q 2 Ψ ε t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeq4TdG2aa0 baaSqaaiaadshaaeaacqGHxiIkaaGccqGH9aqpiiaacqWFsisldaqa daqaaiaadgfadaqhaaWcbaGaaGOmaaqaaiabgEHiQaaakiab=b6aqn aaCaaaleqabaGaey4fIOcaaaGccaGLOaGaayzkaaWaaWbaaSqabeaa cqWFsislcaaIXaaaaOGaamyuamaaDaaaleaacaaIYaaabaGaey4fIO caaOGaeuiQdK1aaWbaaSqabeaacqGHxiIkaaGccqaH1oqzdaqhaaWc baGaamiDaaqaaiabgEHiQaaaaaa@4D97@