RDP 9304: Exchange Rate Pass-Through: The Different Responses of Importers and Exporters Equation (4)

P ^ = ( c ^ + m ^ ) + e ^ MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGabmiuayaaja Gaeyypa0ZaaeWaaeaaceWGJbGbaKaadaahaaWcbeqaaiabgEHiQaaa kiabgUcaRiqad2gagaqcamaaCaaaleqabaGaey4fIOcaaaGccaGLOa GaayzkaaGaey4kaSIabmyzayaajaaaaa@406E@