RDP 2015-11: Unprecedented Changes in the Terms of Trade: Online Appendix Equation (28)

ln Π t * = ( 1 ρ Π * ) ln Π * + ρ Π * ln Π t 1 * + u Π * , t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaciiBaiaac6 gacqqHGoaudaqhaaWcbaGaamiDaaqaaiaacQcaaaGccqGH9aqpdaqa daqaaiaaigdacqGHsislcqaHbpGCdaWgaaWcbaGaeuiOdaLaaiOkaa qabaaakiaawIcacaGLPaaaciGGSbGaaiOBaiabfc6aqnaaCaaaleqa baGaaiOkaaaakiabgUcaRiabeg8aYnaaBaaaleaacqqHGoaucaGGQa aabeaakiGacYgacaGGUbGaeuiOda1aa0baaSqaaiaadshacqGHsisl caaIXaaabaGaaiOkaaaakiabgUcaRiaadwhadaWgaaWcbaGaeuiOda LaaiOkaiaacYcacaWG0baabeaaaaa@599F@