RDP 8908: Capital Flows and Exchange Rate Determination
Equation (7)
E
(
S
t
+
k
|
ϕ
t
)
−
S
t
=
i
∗
t
−
i
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyramaabm aabaGaam4uamaaBaaaleaacaWG0bGaey4kaSIaam4AaaqabaGcdaab baqaaiabew9aMnaaBaaaleaacaWG0baabeaaaOGaay5bSdaacaGLOa GaayzkaaGaeyOeI0Iaam4uamaaBaaaleaacaWG0baabeaakiabg2da 9iaadMgadaahaaWcbeqaaiabgEHiQaaakmaaBaaaleaacaWG0baabe aakiabgkHiTiaadMgadaWgaaWcbaGaamiDaaqabaaaaa@4AEA@