RDP 2015-11: Unprecedented Changes in the Terms of Trade: Online Appendix Equation (49)

0 = ζ t C t h C t 1 h E t { β ζ t + 1 C t + 1 h C t } Λ t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaGimaiabg2 da9maalaaabaGaeqOTdO3aaSbaaSqaaiaadshaaeqaaaGcbaGaam4q amaaBaaaleaacaWG0baabeaakiabgkHiTiaadIgacaWGdbWaaSbaaS qaaiaadshacqGHsislcaaIXaaabeaaaaGccqGHsislcaWGObGaamyr amaaBaaaleaacaWG0baabeaakmaacmaabaGaeqOSdi2aaSaaaeaacq aH2oGEdaWgaaWcbaGaamiDaiabgUcaRiaaigdaaeqaaaGcbaGaam4q amaaBaaaleaacaWG0bGaey4kaSIaaGymaaqabaGccqGHsislcaWGOb Gaam4qamaaBaaaleaacaWG0baabeaaaaaakiaawUhacaGL9baacqGH sislcqqHBoatdaWgaaWcbaGaamiDaaqabaaaaa@594C@