RDP 8709: A Note on Aggregate Investment in Australia
Equation (4.16)
(
I
/
K
)
t
=
γ
3
+
(
1
−
α
)
[
s
(
Q
t
/
ϕ
)
+
(
1
−
s
)
β
(
Y
/
K
)
t
]
+
α
(
I
/
K
)
t
−
1
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