RDP 2015-11: Unprecedented Changes in the Terms of Trade Equation (A38)

Y t = P N P Y N , t + P H P Y H , t + P X P Y X , t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamywamaaBa aaleaacaWG0baabeaakiabg2da9maalaaabaGaamiuamaaBaaaleaa caWGobaabeaaaOqaaiaadcfaaaGaamywamaaBaaaleaacaWGobGaai ilaiaadshaaeqaaOGaey4kaSYaaSaaaeaacaWGqbWaaSbaaSqaaiaa dIeaaeqaaaGcbaGaamiuaaaacaWGzbWaaSbaaSqaaiaadIeacaGGSa GaamiDaaqabaGccqGHRaWkdaWcaaqaaiaadcfadaWgaaWcbaGaamiw aaqabaaakeaacaWGqbaaaiaadMfadaWgaaWcbaGaamiwaiaacYcaca WG0baabeaaaaa@4DC4@