RDP 8611: The Effectiveness of Fiscal Policy in an Economy with Anticipatory Wage Contracts
Equation
[
π
˙
(
t
)
y
˙
(
t
)
]
=
[
a
11
a
12
a
21
a
22
]
[
π
(
t
)
−
π
^
y
(
t
)
−
y
^
]
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