RDP 2015-11: Unprecedented Changes in the Terms of Trade: Online Appendix Equation (50)

0 = Λ t + E t { β Λ t + 1 ( 1 + R t ) P t P t + 1 } MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaGimaiabg2 da9iabgkHiTiabfU5amnaaBaaaleaacaWG0baabeaakiabgUcaRiaa dweadaWgaaWcbaGaamiDaaqabaGcdaGadaqaaiabek7aInaalaaaba Gaeu4MdW0aaSbaaSqaaiaadshacqGHRaWkcaaIXaaabeaakmaabmaa baGaaGymaiabgUcaRiaadkfadaWgaaWcbaGaamiDaaqabaaakiaawI cacaGLPaaacaWGqbWaaSbaaSqaaiaadshaaeqaaaGcbaGaamiuamaa BaaaleaacaWG0bGaey4kaSIaaGymaaqabaaaaaGccaGL7bGaayzFaa aaaa@5116@