RDP 2010-01: Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness Equation (A10)

P j , t m = ( 1 γ j ∫ ψ j − 1 ψ j P t ( k ) ε − 1 ε d k ) ε ε − 1 MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiuamaaDa aaleaacaWGQbGaaiilaiaadshaaeaacaWGTbaaaOGaeyypa0ZaaeWa aeaadaWcaaqaaiaaigdaaeaacqaHZoWzdaWgaaWcbaGaamOAaaqaba aaaOWaa8qmaeaacaWGqbWaaSbaaSqaaiaadshaaeqaaOWaaeWaaeaa caWGRbaacaGLOaGaayzkaaWaaWbaaSqabeaadaWcaaqaaiabew7aLj abgkHiTiaaigdaaeaacqaH1oqzaaaaaaqaaiabeI8a5naaBaaameaa caWGQbGaeyOeI0IaaGymaaqabaaaleaacqaHipqEdaWgaaadbaGaam OAaaqabaaaniabgUIiYdGccaWGKbGaam4AaaGaayjkaiaawMcaamaa CaaaleqabaWaaSaaaeaacqaH1oqzaeaacqaH1oqzcqGHsislcaaIXa aaaaaaaaa@5B1D@