RDP 8907: Tax Policy and Housing Investment in Australia
Equation
V
t
=
{
1
/
(
1
−
c
)
}
∫
t
∞
{
(
1
−
u
)
P
s
p
HS
}
exp
−
{
(
i
−
c
π
)
(
s
−
t
)
/
(
1
−
c
)
}
ds
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