Skip to content
RDP 8611: The Effectiveness of Fiscal Policy in an Economy with Anticipatory Wage Contracts
Equation
P
(
t
)
=
∫
−
∞
t
V
(
s
)
δ
exp
(
−
δ
(
t
−
s
)
)
ds
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiCaiaacI cacaGG0bGaaiykaiabg2da9maapedabaGaamODaiaacIcacaGGZbGa aiykaiabes7aKjaacwgacaGG4bGaaiiCaiaacIcacqGHsislcqaH0o azcaGGOaGaaiiDaiabgkHiTiaacohacaGGPaGaaiykaiaacsgacaGG ZbaaleaacqGHsislcqGHEisPaeaacaWG0baaniabgUIiYdaaaa@518A@