RDP 9006: Wage Contracts, Sticky Prices and Exchange Rate Volatility: Evidence from Nine Industrial Countries Equation (7a)

p o t w t =( e t + pf t )( e t + wf t )+ u t MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaiiCamaaCa aaleqabaGaam4BaaaakmaaBaaaleaacaqG0baabeaaiiaakiab=jHi TiaabEhadaWgaaWcbaGaaeiDaaqabaGccqGH9aqpdaqadaqaaiaabw gadaWgaaWcbaGaaeiDaaqabaGccqGHRaWkcaqGWbGaaeOzamaaBaaa leaacaqG0baabeaaaOGaayjkaiaawMcaaiab=jHiTmaabmaabaGaam yzamaaBaaaleaacaqG0baabeaakiabgUcaRiaabEhacaqGMbWaaSba aSqaaiaabshaaeqaaaGccaGLOaGaayzkaaGaey4kaSIaamyDamaaBa aaleaacaqG0baabeaaaaa@505F@