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RDP 9006: Wage Contracts, Sticky Prices and Exchange Rate Volatility: Evidence from Nine Industrial Countries
Equation (15)
cov
(
v
et
+
v
pft
+
σ
ε
t
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(
v
et
+
v
pft
+
ε
t
)
var
(
v
et
+
v
pft
+
σ
ε
t
)
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