RDP 2010-01: Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness
Equation (A15)
y
t
(
k
)
=
c
t
d
(
k
)
+
∫
0
1
m
i
,
t
d
(
k
)
d
i
for
k
∈
(
0
,
1
]
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