RDP 2010-01: Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness Equation (A28)

y ^ j , t = ε r ^ j , t + + y ^ t j = 1 , ... , N MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeqabeGaaa qaaiqadMhagaqcamaaBaaaleaacaWGQbGaaiilaiaadshaaeqaaOGa eyypa0dccaGae8NeI0IaeqyTduMabmOCayaajaWaa0baaSqaaiaadQ gacaGGSaGaamiDaaqaaiabgUcaRaaakiabgUcaRiqadMhagaqcamaa BaaaleaacaWG0baabeaaaOqaaiaadQgacqGH9aqpcaaIXaGaaiilai aac6cacaGGUaGaaiOlaiaacYcacaWGobaaaaaa@4C4C@