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RDP 2016-08: The Slowdown in US Productivity Growth: Breaks and Beliefs
Equation (B29)
d
n
o
m
w
t
o
b
s
=
100
(
γ
t
+
π
¯
)
+
(
w
t
−
w
t
−
1
+
π
t
+
z
t
)
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamizaiaad6gacaWGVbGaamyBaiaadEhadaqhaaWcbaGaamiDaaqaaiaad+gacaWGIbGaam4Caaaakiabg2da9iaaigdacaaIWaGaaGimamaabmaabaGaeq4SdC2aaSbaaSqaaiaadshaaeqaaOGaey4kaSIafqiWdaNbaebaaiaawIcacaGLPaaacqGHRaWkdaqadaqaaiaadEhadaWgaaWcbaGaamiDaaqabaGccqGHsislcaWG3bWaaSbaaSqaaiaadshacqGHsislcaaIXaaabeaakiabgUcaRiabec8aWnaaBaaaleaacaWG0baabeaakiabgUcaRiaadQhadaWgaaWcbaGaamiDaaqabaaakiaawIcacaGLPaaaaaa@5934@