Skip to content
RDP 8909: Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime
Equation
β
4
/β
1
=
π
5
/π
1
,
β
2
=
π
2
/
π
5
,
β
3
=
(
1
−
π
5
)
/π
1
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaqGYo WaaSbaaSqaaiaabsdaaeqaaOGaae4laiaabk7adaWgaaWcbaGaaeym aaqabaGccqGH9aqpcaqGapWaaSbaaSqaaiaabwdaaeqaaOGaae4lai aabc8adaWgaaWcbaGaaeymaaqabaGccaGGSaaabaGaaeOSdmaaBaaa leaacaqGYaaabeaakiabg2da9iaabc8adaWgaaWcbaGaaeOmaaqaba GccaGGVaGaaeiWdmaaBaaaleaacaqG1aaabeaakiaacYcaaeaacaqG YoWaaSbaaSqaaiaabwdaaeqaaOGaaeypamaabmaabaGaaGymaiabgk HiTiaabc8adaWgaaWcbaGaaeynaaqabaaakiaawIcacaGLPaaacaqG VaGaaeiWdmaaBaaaleaacaqGXaaabeaakiaac6caaaaa@5693@