# RDP 8611: The Effectiveness of Fiscal Policy in an Economy with Anticipatory Wage Contracts Equation (A2)

$$w(t)=\frac{1}{t}{\displaystyle {\int}_{t-t}^{t}[{w}_{i}(\tau )+\frac{(t-\tau )}{2}(\pi (t)+\pi (\tau ))]}\text{\hspace{0.17em}}D\tau $$

$$w(t)=\frac{1}{t}{\displaystyle {\int}_{t-t}^{t}[{w}_{i}(\tau )+\frac{(t-\tau )}{2}(\pi (t)+\pi (\tau ))]}\text{\hspace{0.17em}}D\tau $$