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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@