RDP 8909: Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime
Equation (3)
y
=
−
ε
(
w
−
p
−
u
)
+
u
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaaeyEaiaad2 dacqGHsislcaqG1oWaaeWaaeaacaqG3bGaeyOeI0IaaeiCaiabgkHi TiaabwhaaiaawIcacaGLPaaacqGHRaWkcaqG1bGaaeOlaaaa@42AF@