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RDP 2005-12: Financial Constraints, the User Cost of Capital and Corporate Investment in Australia
Equation (B4)
z
s
,
t
=
(
1
+
r
t
)
[
1
−
(
1
+
r
t
)
−
T
]
r
t
T
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamOEamaaBa aaleaacaWGZbGaaiilaiaadshaaeqaaOGaeyypa0ZaaSaaaeaadaqa daqaaiaaigdacqGHRaWkcaWGYbWaaSbaaSqaaiaadshaaeqaaaGcca GLOaGaayzkaaWaamWaaeaacaaIXaaccaGae8NeI0YaaeWaaeaacaaI XaGaey4kaSIaamOCamaaBaaaleaacaWG0baabeaaaOGaayjkaiaawM caamaaCaaaleqabaGae8NeI0IaamivaaaaaOGaay5waiaaw2faaaqa aiaadkhadaWgaaWcbaGaamiDaaqabaGccaWGubaaaaaa@4E0C@