RDP 2010-01: Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness
Equation (A12)
m
i
,
t
d
=
(
∑
j
′
=
1
N
γ
j
1
ε
(
m
i
,
t
j
′
,
d
)
ε
−
1
ε
)
ε
ε
−
1
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyBamaaDa aaleaacaWGPbGaaiilaiaadshaaeaacaWGQbaaaOGaeyypa0ZaaeWa aeaadaaeWbqaaiabeo7aNnaaDaaaleaacaWGQbaabaWaaSaaaeaaca aIXaaabaGaeqyTdugaaaaaaeaaceWGQbGbauaacqGH9aqpcaaIXaaa baGaamOtaaqdcqGHris5aOWaaeWaaeaacaWGTbWaa0baaSqaaiaadM gacaGGSaGaamiDaaqaaiqadQgagaqbaiaacYcacaWGKbaaaaGccaGL OaGaayzkaaWaaWbaaSqabeaadaWcaaqaaiabew7aLjabgkHiTiaaig daaeaacqaH1oqzaaaaaaGccaGLOaGaayzkaaWaaWbaaSqabeaadaWc aaqaaiabew7aLbqaaiabew7aLjabgkHiTiaaigdaaaaaaaaa@5A86@