RDP 8611: The Effectiveness of Fiscal Policy in an Economy with Anticipatory Wage Contracts
Equation (A2)
w
(
t
)
=
1
t
∫
t
−
t
t
[
w
i
(
τ
)
+
(
t
−
τ
)
2
(
π
(
t
)
+
π
(
τ
)
)
]
D
τ
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