Skip to content
RDP 8611: The Effectiveness of Fiscal Policy in an Economy with Anticipatory Wage Contracts
Equation (27)
π
^
=
(
1
+
η
ℓ
y
/
ϕ
ℓ
i
)
/
ℓ
i
−
n
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGafqiWdaNbaK aacqGH9aqpcaGGOaGaaGymaiabgUcaRiabeE7aOjabloriSnaaBaaa leaacaqG5baabeaakiaac+cacqaHvpGzcqWItecBdaWgaaWcbaGaae yAaaqabaGccaGGPaGaai4laiabloriSnaaBaaaleaacaqGPbaabeaa kiabgkHiTiaab6gaaaa@4980@