RDP 8610: Equilibrium Exchange Rates and a Popular Model of International Asset Demands: An Inconsistency
Equation (3)
a
j
(
t
)
≡
n
j
(
t
)
p
j
(
t
)
p
j
(
t
)
/
w
(
t
)
j
=
2
,
…
,
s
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