Skip to content
RDP 8705: The Economics of International Policy Coordination
Equation (2.28)
π
t
=
(
α
/
(
1
+
α
)
)
m
t
+
(
(
1
/
(
1
+
α
)
)
w
t
−
p
t
−
1
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqr1ngB PrgifHhDYfgasaacH8srps0lbbf9q8WrFfeuY=Hhbbf9v8qqaqFr0x c9pk0xbba9q8WqFfea0=yr0RYxir=Jbba9q8aq0=yq=He9q8qqQ8fr Fve9Fve9Ff0dmeaabaqaciGacaGaaeqabaWaaeaaeaaakeaacaqGap WaaSbaaSqaaiaabshaaeqaaOGaeyypa0Jaaiikaiaabg7acaGGVaGa aiikaiaaigdacqGHRaWkcaqGXoGaaiykaiaacMcacaqGTbWaaSbaaS qaaiaabshaaeqaaOGaey4kaSIaaiikaiaacIcacaaIXaGaai4laiaa cIcacaaIXaGaey4kaSIaaeySdiaacMcacaGGPaGaae4DamaaBaaale aacaqG0baabeaakiabgkHiTiaabchadaWgaaWcbaGaaeiDaiabgkHi Tiaaigdaaeqaaaaa@5405@