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RDP 2015-11: Unprecedented Changes in the Terms of Trade
Equation (A25)
log
Z
H
,
t
=
ρ
H
log
Z
H
,
t
−
1
+
u
H
,
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaae4BaiaabE gacaWGAbWaaSbaaSqaaiaadIeacaGGSaGaamiDaaqabaGccqGH9aqp cqaHbpGCdaWgaaWcbaGaamisaaqabaGccaqGSbGaae4BaiaabEgaca WGAbWaaSbaaSqaaiaadIeacaGGSaGaamiDaiabgkHiTiaaigdaaeqa aOGaey4kaSIaamyDamaaBaaaleaacaWGibGaaiilaiaadshaaeqaaa aa@4BA2@