RDP 9006: Wage Contracts, Sticky Prices and Exchange Rate Volatility: Evidence from Nine Industrial Countries
Equation (4c)
t
−
2
w
n
−
1
o
t
−
1
−
t
−
3
w
n
−
1
o
t
−
1
=
t
−
2
p
t
−
1
−
t
−
3
p
t
−
1
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaWaaSbaaSqaai aabshaiiaacqWFsislcaqGYaaabeaakiaabEhadaahaaWcbeqaaiaa b6gacqWFsislcaaIXaGaam4BaaaakmaaBaaaleaacaqG0bGae8NeI0 IaaeymaaqabaGccqWFsisldaWgaaWcbaGaaeiDaiab=jHiTiaaboda aeqaaOGaae4DamaaCaaaleqabaGaaeOBaiab=jHiTiaaigdacaWGVb aaaOWaaSbaaSqaaiaabshacqWFsislcaqGXaaabeaakiabg2da9maa BaaaleaacaqG0bGae8NeI0IaaeOmaaqabaGccaqGWbWaaSbaaSqaai aabshacqWFsislcaqGXaaabeaakiab=jHiTmaaBaaaleaacaqG0bGa e8NeI0Iaae4maaqabaGccaqGWbWaaSbaaSqaaiaabshacqWFsislca qGXaaabeaaaaa@5A5A@