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RDP 8611: The Effectiveness of Fiscal Policy in an Economy with Anticipatory Wage Contracts
Equation
[
−
1
,
ν
1
u
]
[
S
+
−
(
1
−
ξ
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ℓ
i
ℓ
y
ℓ
i
η
ℓ
i
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+
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ϕ
−
η
ℓ
y
ℓ
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=
[
0
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0
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