RDP 9203: Real Exchange Rates and the Globalisation of Financial Markets Equation (17)

q ¯ ( t ) = α(β- ψ γ ) [ R ( t ) R ( t ) ] ψδ γ a T ( t ) + ω ( t ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGabeyCayaara WaaeWaaeaacaqG0baacaGLOaGaayzkaaGaeyypa0JaaeySdiaabIca caqGYoGaaeylamaalaaabaGaaeiYdaqaaiaabo7aaaGaaeykamaadm aabaGaaeOuamaaCaaaleqabaGaey4fIOcaaOWaaeWaaeaacaqG0baa caGLOaGaayzkaaGaeyOeI0IaaeOuamaabmaabaGaaeiDaaGaayjkai aawMcaaaGaay5waiaaw2faaiabgkHiTmaalaaabaGaaeiYdiaabs7a aeaacaqGZoaaaiaabggadaahaaWcbeqaaiaabsfaaaGcdaqadaqaai aabshaaiaawIcacaGLPaaacqGHRaWkcaqGjpWaaeWaaeaacaqG0baa caGLOaGaayzkaaaaaa@5A25@