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RDP 2010-01: Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness
Equation (A8)
c
j
,
t
d
=
γ
j
(
P
j
,
t
P
t
c
)
−
ε
c
t
,
f
o
r
j
=
1
,
…
,
N
,
and
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaam4yamaaDa aaleaacaWGQbGaaiilaiaadshaaeaacaWGKbaaaOGaeyypa0Jaeq4S dC2aaSbaaSqaaiaadQgaaeqaaOWaaeWaaeaadaWcaaqaaiaadcfada WgaaWcbaGaamOAaiaacYcacaWG0baabeaaaOqaaiaadcfadaqhaaWc baGaamiDaaqaaiaadogaaaaaaaGccaGLOaGaayzkaaWaaWbaaSqabe aacqGHsislcqaH1oqzaaGccaWGJbWaaSbaaSqaaiaadshaaeqaaOGa aiilaiaaykW7caGGMbGaai4BaiaackhacaaMc8UaamOAaiabg2da9i aaigdacaGGSaGaeSOjGSKaaiilaiaad6eacaGGSaGaaGPaVlaakgga caGIUbGaaOizaaaa@5D23@