Skip to content
RDP 8501: Neoclassical Theory and Australian Business Investment: A Reappraisal
Equation (14)
log
(
M
/
p
)
=
δ
0
λ
4
+
δ
1
λ
4
r
K
+
δ
2
λ
4
r
M
+
δ
3
λ
4
r
B
+
δ
4
λ
4
log
y
+
δ
5
λ
4
log
(
W
/
p
)
+
δ
6
λ
4
t
+
(
1
−
λ
4
)
log
(
M
/
p
)
−
1
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqr1ngBPrgifHhDYfgasaacH8srps0lbbf9q8WrFfeuY=Hhbbf9v8qqaqFr0xc9pk0xbba9q8WqFfea0=yr0RYxir=Jbba9q8aq0=yq=He9q8qqQ8frFve9Fve9Ff0dmeaabaqaciGacaGaaeqabaWaaeaaeaaakqaabeqaaiaabYgacaqGVbGaae4zamaabmaabaGaaeytaiaac+cacaqGWbaacaGLOaGaayzkaaGaeyypa0JaeqiTdq2aaSbaaSqaaiaaicdaaeqaaOGaeq4UdW2aaSbaaSqaaiaaisdaaeqaaOGaey4kaSIaeqiTdq2aaSbaaSqaaiaaigdaaeqaaOGaeq4UdW2aaSbaaSqaaiaaisdaaeqaaOGaaeOCamaaBaaaleaacaqGlbaabeaakiabgUcaRiabes7aKnaaBaaaleaacaaIYaaabeaakiabeU7aSnaaBaaaleaacaaI0aaabeaakiaabkhadaWgaaWcbaGaaeytaaqabaGccqGHRaWkcqaH0oazdaWgaaWcbaGaaG4maaqabaGccqaH7oaBdaWgaaWcbaGaaGinaaqabaGccaqGYbWaaSbaaSqaaiaabkeaaeqaaOGaey4kaSIaeqiTdq2aaSbaaSqaaiaaisdaaeqaaOGaeq4UdW2aaSbaaSqaaiaaisdaaeqaaOGaaeiBaiaab+gacaqGNbGaaGPaVlaabMhaaeaacqGHRaWkcqaH0oazdaWgaaWcbaGaaGynaaqabaGccqaH7oaBdaWgaaWcbaGaaGinaaqabaGccaqGGaGaaeiBaiaab+gacaqGNbWaaeWaaeaacaqGxbGaai4laiaabchaaiaawIcacaGLPaaacqGHRaWkcqaH0oazdaWgaaWcbaGaaGOnaaqabaGccqaH7oaBdaWgaaWcbaGaaGinaaqabaGccaqG0bGaey4kaSYaaeWaaeaacaaIXaGaeyOeI0Iaeq4UdW2aaSbaaSqaaiaaisdaaeqaaaGccaGLOaGaayzkaaGaaeiBaiaab+gacaqGNbWaaeWaaeaacaqGnbGaai4laiaabchaaiaawIcacaGLPaaadaWgaaWcbaGaeyOeI0IaaGymaaqabaaaaaa@8C89@