RDP 2013-10: Stochastic Terms of Trade Volatility in Small Open Economies Equation (C2)

ω i i = p ( q t | q t 1 , σ q , t | t 1 i ; Ψ ) i = 1 N p ( q t | q t 1 , σ q , t | t 1 i ; Ψ ) MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@6B9D@