RDP 8611: The Effectiveness of Fiscal Policy in an Economy with Anticipatory Wage Contracts Equation (2)

w ˙ = ϕ ( y y ^ ) η ( π π ^ ) MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGabm4Dayaaca Gaeyypa0Jafqy1dyMbauaadaqadaqaaiaadMhacqGHsislceWG5bGb aKaaaiaawIcacaGLPaaacqGHsislcuaH3oaAgaqbamaabmaabaGaeq iWdaNaeyOeI0IafqiWdaNbaKaaaiaawIcacaGLPaaaaaa@46FC@