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RDP 8909: Optimal Wage Indexation, Monetary Policy and the Exchange Rate Regime
Equation
σ
2
Θ
=
Z
(
BCσ
2
A
+
ACσ
2
B
+
ABσ
2
C
)
+
Z
2
(
ABCσ
2
D
+
ABCFσ
2
E
+
ABCEσ
2
F
)
,
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