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RDP 8611: The Effectiveness of Fiscal Policy in an Economy with Anticipatory Wage Contracts
Equation (35)
∫
ο
∞
y
(
t
)
d
t
=
n
δ
D
ο
η
α
Δ
[
1
e
m
^
1
(
1
−
ξ
)
+
(
1
−
α
(
θ
−
ρ
)
e
−
m
^
1
)
ℓ
i
(
n
+
(
1
−
α
)
(
θ
−
ρ
)
)
]
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