RDP 2010-01: Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness
Equation (A2)
c
t
=
(
∑
j
=
1
N
γ
j
1
ε
(
c
j
,
t
d
)
ε
−
1
ε
)
ε
ε
−
1
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