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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
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