RDP 8906: A Random Walk Around the $A: Expectations, Risk, Interest Rates and Consequences for External Imbalance Equation (8)

1+δ( S t+1 / S t ).( 1+ i A )/( 1+ i us ), MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaGymaiabgU caRiaabs7acqGHHjIUdaqadaqaaiaabofadaWgaaWcbaGaaeiDaiaa bUcacaqGXaaabeaakiaac+cacaqGtbWaaSbaaSqaaiaabshaaeqaaa GccaGLOaGaayzkaaGaaiOlamaabmaabaGaaGymaiabgUcaRiaabMga daahaaWcbeqaaiaabgeaaaaakiaawIcacaGLPaaacaGGVaWaaeWaae aacaaIXaGaey4kaSIaaeyAamaaCaaaleqabaGaaeyDaiaabohaaaaa kiaawIcacaGLPaaacaGGSaaaaa@4F93@