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RDP 9006: Wage Contracts, Sticky Prices and Exchange Rate Volatility: Evidence from Nine Industrial Countries
Equation (3d)
⋮
w
n
t+n
−
1
=
t+n
−
2
w
n
t
+
n
−
1
=
t+n
−
1
w
no
t+n
−
1
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