RDP 9601: Why Does the Australian Dollar Move so Closely with the Terms of Trade? Equation (C2)

to t t =a+bt+ i=1 5 c i to t ti + ε 1,t MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiDaiaad+gacaWG0bWaaSbaaSqaaiaadshaaeqaaOGaeyypa0JaamyyaiabgUcaRiaadkgacaWG0bGaey4kaSYaaabCaeaacaWGJbWaaSbaaSqaaiaadMgaaeqaaOGaamiDaiaad+gacaWG0bWaaSbaaSqaaiaadshacqGHsislcaWGPbaabeaakiabgUcaRiabew7aLnaaBaaaleaacaaIXaGaaiilaiaadshaaeqaaaqaaiaadMgacqGH9aqpcaaIXaaabaGaaGynaaqdcqGHris5aaaa@5253@