RDP 9006: Wage Contracts, Sticky Prices and Exchange Rate Volatility: Evidence from Nine Industrial Countries
Equation (7b)
p
o
t
−
(
e
t
+
pf
t
)
=
w
t
−
(
e
t
+
wf
t
)
+
u
t
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaiiCamaaCa aaleqabaGaam4BaaaakmaaBaaaleaacaqG0baabeaaiiaakiab=jHi TmaabmaabaGaaeyzamaaBaaaleaacaqG0baabeaakiabgUcaRiaabc hacaqGMbWaaSbaaSqaaiaabshaaeqaaaGccaGLOaGaayzkaaGaeyyp a0Jaae4DamaaBaaaleaacaqG0baabeaakiab=jHiTmaabmaabaGaae yzamaaBaaaleaacaqG0baabeaakiabgUcaRiaabEhacaqGMbWaaSba aSqaaiaabshaaeqaaaGccaGLOaGaayzkaaGaey4kaSIaaeyDamaaBa aaleaacaqG0baabeaaaaa@505B@