RDP 9601: Why Does the Australian Dollar Move so Closely with the Terms of Trade? Equation (10)

E R t,4 ≈100×( q t+4 − q t ) + 4 r t AUS − 4 r t ∗ MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyraiaadkfadaWgaaWcbaGaamiDaiaacYcacaaI0aaabeaakiabgIKi7kaaigdacaaIWaGaaGimaiabgEna0oaabmaabaGaamyCamaaBaaaleaacaWG0bGaey4kaSIaaGinaaqabaGccqGHsislcaWGXbWaaSbaaSqaaiaadshaaeqaaaGccaGLOaGaayzkaaGaey4kaSYaaSbaaSqaaiaaisdaaeqaaOGaamOCamaaDaaaleaacaWG0baabaGaamyqaiaadwfacaWGtbaaaOGaeyOeI0YaaSbaaSqaaiaaisdaaeqaaOGaamOCamaaDaaaleaacaWG0baabaGaey4fIOcaaaaa@53EB@