RDP 2010-01: Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness
Equation (A27)
ω
^
j
,
t
=
−
α
j
z
^
j
,
t
+
α
j
w
^
t
−
r
^
j
,
t
j
=
1
,
...
,
N
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaqbaeqabeGaaa qaaiqbeM8a3zaajaWaaSbaaSqaaiaadQgacaGGSaGaamiDaaqabaGc cqGH9aqpiiaacqWFsislcqaHXoqydaWgaaWcbaGaamOAaaqabaGcce WG6bGbaKaadaWgaaWcbaGaamOAaiaacYcacaWG0baabeaakiabgUca Riabeg7aHnaaBaaaleaacaWGQbaabeaakiqadEhagaqcamaaBaaale aacaWG0baabeaakiab=jHiTGqaciqa+jhagaqcamaaBaaaleaacaWG QbGaaiilaiaadshaaeqaaaGcbaGaamOAaiabg2da9iaaigdacaGGSa GaaiOlaiaac6cacaGGUaGaaiilaiaad6eaaaaaaa@54E0@