RDP 9203: Real Exchange Rates and the Globalisation of Financial Markets Equation (15)

a d ( t )= δa T ( t )+ ε 2 ( t ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeyyamaaCa aaleqabaGaaeizaaaakmaabmaabaGaaeiDaaGaayjkaiaawMcaaiab g2da9iaabs7acaqGHbWaaWbaaSqabeaacaqGubaaaOWaaeWaaeaaca qG0baacaGLOaGaayzkaaGaey4kaSIaaeyTdmaaBaaaleaacaaIYaaa beaakmaabmaabaGaaeiDaaGaayjkaiaawMcaaaaa@46B9@