RDP 8610: Equilibrium Exchange Rates and a Popular Model of International Asset Demands: An Inconsistency
Equation (A.1)
w
(
t
)
=
Σ
j
n
j
(
t
)
p
j
(
t
)
+
Σ
i
c
i
(
t
)
q
i
(
t
)
h
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaam4DaiaacI cacaGG0bGaaiykaiabg2da9iabggHiLpaaBaaaleaacaWGQbaabeaa kiaad6gadaWgaaWcbaGaamOAaaqabaGccaGGOaGaaiiDaiaacMcaca GGWbWaaSbaaSqaaiaadQgaaeqaaOGaaiikaiaacshacaGGPaGaey4k aSIaeyyeIu+aaSbaaSqaaiaadMgaaeqaaOGaam4yamaaBaaaleaaca WGPbaabeaakiaacIcacaGG0bGaaiykaiaacghadaWgaaWcbaGaamyA aaqabaGccaGGOaGaaiiDaiaacMcacaGGObaaaa@5342@