RDP 2015-11: Unprecedented Changes in the Terms of Trade: Online Appendix Equation (6)

V t = υ ( 1 + z I ) t V ˜ t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOvamaaBa aaleaacaWG0baabeaakiabg2da9maalaaabaGaeqyXduhabaWaaeWa aeaacaaIXaGaey4kaSIaamOEamaaBaaaleaacaWGjbaabeaaaOGaay jkaiaawMcaamaaCaaaleqabaGaamiDaaaaaaGcceWGwbGbaGaadaWg aaWcbaGaamiDaaqabaaaaa@4345@