RDP 2015-11: Unprecedented Changes in the Terms of Trade: Online Appendix Equation (10)

ln R t * = ( 1 ρ R * ) ln R * + ρ R * ln R t 1 * + u R * , t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaciiBaiaac6 gacaWGsbWaa0baaSqaaiaadshaaeaacaGGQaaaaOGaeyypa0ZaaeWa aeaacaaIXaGaeyOeI0IaeqyWdi3aaSbaaSqaaiaadkfacaGGQaaabe aaaOGaayjkaiaawMcaaiGacYgacaGGUbGaamOuamaaCaaaleqabaGa aiOkaaaakiabgUcaRiabeg8aYnaaBaaaleaacaWGsbGaaiOkaaqaba GcciGGSbGaaiOBaiaadkfadaqhaaWcbaGaamiDaiabgkHiTiaaigda aeaacaGGQaaaaOGaey4kaSIaamyDamaaBaaaleaacaWGsbGaaiOkai aacYcacaWG0baabeaaaaa@55B5@