Skip to content
RDP 2010-01: Reconciling Microeconomic and Macroeconomic Estimates of Price Stickiness
Equation
P
t
m
m
i
,
t
d
=
∑
j
=
1
N
P
j
,
t
m
i
,
t
j
,
d
P
j
,
t
m
m
i
,
t
j
,
d
=
∫
ψ
j
−
1
ψ
j
P
t
(
k
)
m
i
,
t
d
(
k
)
d
k
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGceaqabeaacaWGqb Waa0baaSqaaiaadshaaeaacaWGTbaaaOGaamyBamaaDaaaleaacaWG PbGaaiilaiaadshaaeaacaWGKbaaaOGaeyypa0ZaaabCaeaacaWGqb WaaSbaaSqaaiaadQgacaGGSaGaamiDaaqabaGccaWGTbWaa0baaSqa aiaadMgacaGGSaGaamiDaaqaaiaadQgacaGGSaGaamizaaaaaeaaca WGQbGaeyypa0JaaGymaaqaaiaad6eaa0GaeyyeIuoaaOqaaiaadcfa daqhaaWcbaGaamOAaiaacYcacaWG0baabaGaamyBaaaakiaad2gada qhaaWcbaGaamyAaiaacYcacaWG0baabaGaamOAaiaacYcacaWGKbaa aOGaeyypa0Zaa8qmaeaacaWGqbWaaSbaaSqaaiaadshaaeqaaaqaai abeI8a5naaBaaameaacaWGQbGaeyOeI0IaaGymaaqabaaaleaacqaH ipqEdaWgaaadbaGaamOAaaqabaaaniabgUIiYdGcdaqadaqaaiaadU gaaiaawIcacaGLPaaacaWGTbWaa0baaSqaaiaadMgacaGGSaGaamiD aaqaaiaadsgaaaGcdaqadaqaaiaadUgaaiaawIcacaGLPaaacaWGKb Gaam4Aaiaac6caaaaa@71FB@