RDP 2010-01: Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness
Equation (2)
D
(
θ
m
i
c
r
o
)
≡
E
(
D
(
θ
j
)) >
D
(
E
(
θ
j
))
⇒
E
(
θ
j
) <
θ
m
i
c
r
o
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaaEGaca WFebGaaeikaiabeI7aXnaaCaaaleqabaGaamyBaiaadMgacaWGJbGa amOCaiaad+gaaaGccaqGPaGaeyyyIOlcbaGaa4xsaiaa+veacaqGOa GaamiraiaabIcacqaH4oqCdaWgaaWcbaGaaeOAaaqabaGccaqGPaGa aeykaiaabccacaqG+aGaaeiiaiaadseacaqGOaGaa4xsaiaa+veaca qGOaGaeqiUde3aaSbaaSqaaiaabQgaaeqaaOGaaeykaiaabMcaaeaa cqGHshI3caGFjbGaa4xraiaabIcacqaH4oqCdaWgaaWcbaGaaeOAaa qabaGccaqGPaGaaeiiaiaabYdacaqGGaGaeqiUde3aaWbaaSqabeaa caWGTbGaamyAaiaadogacaWGYbGaam4Baaaakiaac6caaaaa@63CB@