RDP 2010-01: Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness
Equation
P
j
,
t
c
j
,
t
s
−
∫
ψ
j
−
1
ψ
j
P
t
(
k
)
c
t
d
(
k
)
d
k
=
0.
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