RDP 8611: The Effectiveness of Fiscal Policy in an Economy with Anticipatory Wage Contracts Equation

\begin{matrix} \lim_{t \to \infty} & π (t) & \to & \hat{π} \\ \lim_{t \to 0} & y (t) & \to & y_{0} \\ \lim_{t \to 0} & b (t) & \to & b_{0} \end{matrix}