RDP 2010-01: Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness
Equation (A8)
c
j
,
t
d
=
γ
j
(
P
j
,
t
P
t
c
)
−
ε
c
t
,
f
o
r
j
=
1
,
…
,
N
,
and
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