Skip to content
RDP 2013-05: Liquidity Shocks and the US Housing Credit Crisis of 2007–2008
Equation (C3)
β
^
O
L
S
=
β
+
c
o
v
(
S
A
L
E
S
H
A
R
E
i
,
η
j
)
V
(
S
A
L
E
S
H
A
R
E
i
s
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYfdmGievaebbnrfi fHhDYfgasaacH8srps0lbbf9q8WrFfeuY=Hhbbf9v8qqaqFr0xc9pk 0xbba9q8WqFfea0=yr0RYxir=Jbba9q8aq0=yq=He9q8qqQ8frFve9 Fve9Ff0dmeaabaqaciGacaGaaeqabaWaaeaaeaaakeaacuaHYoGyga qcamaaBaaaleaacaWGpbGaamitaiaadofaaeqaaOGaeyypa0JaeqOS diMaey4kaSYaaSaaaeaacaWGJbGaam4BaiaadAhadaqadaqaaiaado facaWGbbGaamitaiaadweacaWGtbGaamisaiaadgeacaWGsbGaamyr amaaBaaaleaacaWGPbaabeaakiaacYcacqaH3oaAdaWgaaWcbaGaam OAaaqabaaakiaawIcacaGLPaaaaeaacaWGwbWaaeWaaeaacaWGtbGa amyqaiaadYeacaWGfbGaam4uaiaadIeacaWGbbGaamOuaiaadweada WgaaWcbaGaamyAaiaadohaaeqaaaGccaGLOaGaayzkaaaaaaaa@59CF@