RDP 9006: Wage Contracts, Sticky Prices and Exchange Rate Volatility: Evidence from Nine Industrial Countries
Equation (1d)
t
−
1
w
1
t+n
−
1
=
t
−
1
w
1
t+n
−
2
+
π
(
t
−
1
P
c
t+n
−
1
−
t
−
1
P
c
t
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaSbaaSqaai aabshaiiaacqWFsislcaqGXaaabeaakiaabEhadaahaaWcbeqaaiaa igdaaaGcdaWgaaWcbaGaaeiDaiaabUcacaqGUbGae8NeI0Iaaeymaa qabaGccqGH9aqpdaWgaaWcbaGaaeiDaiab=jHiTiaabgdaaeqaaOGa ae4DamaaCaaaleqabaGaaGymaaaakmaaBaaaleaacaqG0bGaae4kai aab6gacqWFsislcaaIYaaabeaakiabgUcaRiabec8aWnaabmaabaWa aSbaaSqaaiaabshacqWFsislcaaIXaaabeaakiaabcfadaahaaWcbe qaaiaabogaaaGcdaWgaaWcbaGaaeiDaiaabUcacaqGUbGae8NeI0Ia aeymaaqabaGccqWFsisldaWgaaWcbaGaaeiDaiab=jHiTiaabgdaae qaaOGaaeiuamaaCaaaleqabaGaae4yaaaakmaaBaaaleaacaqG0baa beaaaOGaayjkaiaawMcaaaaa@5D56@