RDP 2015-11: Unprecedented Changes in the Terms of Trade: Online Appendix Equation (136)

1 + r t F = ( 1 + r t * ) exp ( ψ b ( b t * b * ) + ψ ˜ t ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaGymaiabgU caRiaadkhadaqhaaWcbaGaamiDaaqaaiaadAeaaaGccqGH9aqpdaqa daqaaiaaigdacqGHRaWkcaWGYbWaa0baaSqaaiaadshaaeaacaGGQa aaaaGccaGLOaGaayzkaaGaciyzaiaacIhacaGGWbWaaeWaaeaacqGH sislcqaHipqEdaWgaaWcbaGaamOyaaqabaGcdaqadaqaaiaadkgada qhaaWcbaGaamiDaaqaaiaacQcaaaGccqGHsislcaWGIbWaaWbaaSqa beaacaGGQaaaaaGccaGLOaGaayzkaaGaey4kaSIafqiYdKNbaGaada WgaaWcbaGaamiDaaqabaaakiaawIcacaGLPaaaaaa@54B7@