RDP 2013-09: Terms of Trade Shocks and Incomplete Information
Equation (B10)
c
˜
t
−
q
t
=
E
t
{
c
˜
t
+
1
}
+
ω
Δ
s
t
+
(
1
−
η
)
E
t
{
Δ
s
t
+
1
}
+
m
t
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