Skip to content
RDP 2015-11: Unprecedented Changes in the Terms of Trade: Online Appendix
Equation (83)
0
=
−
q
N
,
t
+
E
t
{
β
λ
t
+
1
λ
t
z
t
+
1
[
r
N
,
t
+
1
K
+
(
1
−
δ
)
q
N
,
t
+
1
]
}
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaGimaiabg2 da9iabgkHiTiaadghadaWgaaWcbaGaamOtaiaacYcacaWG0baabeaa kiabgUcaRiaadweadaWgaaWcbaGaamiDaaqabaGcdaGadaqaaiabek 7aInaalaaabaGaeq4UdW2aaSbaaSqaaiaadshacqGHRaWkcaaIXaaa beaaaOqaaiabeU7aSnaaBaaaleaacaWG0baabeaakiaadQhadaWgaa WcbaGaamiDaiabgUcaRiaaigdaaeqaaaaakmaadmaabaGaamOCamaa DaaaleaacaWGobGaaiilaiaadshacqGHRaWkcaaIXaaabaGaam4saa aakiabgUcaRmaabmaabaGaaGymaiabgkHiTiabes7aKbGaayjkaiaa wMcaaiaadghadaWgaaWcbaGaamOtaiaacYcacaWG0bGaey4kaSIaaG ymaaqabaaakiaawUfacaGLDbaaaiaawUhacaGL9baaaaa@613C@