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RDP 2015-11: Unprecedented Changes in the Terms of Trade
Equation (A28)
log
Π
t
*
=
(
1
−
ρ
Π
*
)
log
Π
*
+
ρ
Π
*
log
Π
t
−
1
*
+
u
Π,
t
*
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaciiBaiaac+ gacaGGNbGaaeiOdmaaDaaaleaacaWG0baabaGaaiOkaaaakiabg2da 9maabmaabaGaaGymaiabgkHiTiabeg8aYnaaDaaaleaacaqGGoaaba GaaiOkaaaaaOGaayjkaiaawMcaaiGacYgacaGGVbGaai4zaiaabc6a daahaaWcbeqaaiaacQcaaaGccqGHRaWkcqaHbpGCdaqhaaWcbaGaae iOdaqaaiaacQcaaaGcciGGSbGaai4BaiaacEgacaqGGoWaa0baaSqa aiaadshacqGHsislcaaIXaaabaGaaiOkaaaakiabgUcaRiaadwhada qhaaWcbaGaaeiOdiaabYcacaWG0baabaGaaiOkaaaaaaa@5A55@