RDP 2007-06: The Butterfly Effect of Small Open Economies
Equation (9)
π
h
,
t
=
β
E
t
π
h
,
t
+
1
+
κ
α
x
t
+
ν
π
,
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeqiWda3aaS baaSqaaiaadIgacaGGSaGaaiiDaaqabaGccqGH9aqpcqaHYoGycaWG fbWaaSbaaSqaaiaadshaaeqaaOGaeqiWda3aaSbaaSqaaiaadIgaca GGSaGaamiDaiabgUcaRiaaigdaaeqaaOGaey4kaSIaeqOUdS2aaSba aSqaaiabeg7aHbqabaGccaWG4bWaaSbaaSqaaiaadshaaeqaaOGaey 4kaSIaeqyVd42aaSbaaSqaaiabec8aWjaacYcacaWG0baabeaaaaa@5205@