RDP 2013-09: Terms of Trade Shocks and Incomplete Information
Equation (B14)
C
˜
(
c
˜
t
+
(
1
−
η
)
Δ
s
t
)
+
I
˜
i
˜
t
+
Q
B
˜
μ
(
q
t
+
b
˜
t
+
1
+
m
t
+
Δ
s
t
1
−
α
)
=
Y
˜
(
y
˜
t
+
Δ
s
t
)
+
B
˜
b
˜
t
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