RDP 2009-01: Currency Misalignments and Optimal Monetary Policy: A Re-examination Equation (43)

{\dot{P}}_{H t} = {\dot{E}}_{t} {\dot{P}}_{H t}^{*} = {\dot{W}}_{t} / ((1 + μ^{W}) A_{t}) a n d {\dot{P}}_{F t}^{*} = {\dot{E}}_{t}^{- 1} {\dot{P}}_{F t} = {\dot{W}}_{t}^{*} / ((1 + μ^{* W}) A_{t}^{*}) .