RDP 2016-03: Why Do Companies Hold Cash? Equation

CAS H it =βPUBLI C i + γ 1 X 1it + γ 2 X 2it + α i + ε it MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaam4qaiaadgeacaWGtbGaamisamaaBaaaleaacaWGPbGaamiDaaqabaGccqGH9aqpcqaHYoGycaWGqbGaamyvaiaadkeacaWGmbGaamysaiaadoeadaWgaaWcbaGaamyAaaqabaGccqGHRaWkcqaHZoWzdaWgaaWcbaGaaGymaaqabaGccaWGybWaaSbaaSqaaiaaigdacaWGPbGaamiDaaqabaGccqGHRaWkcqaHZoWzdaWgaaWcbaGaaGOmaaqabaGccaWGybWaaSbaaSqaaiaaikdacaWGPbGaamiDaaqabaGccqGHRaWkcqaHXoqydaWgaaWcbaGaamyAaaqabaGccqGHRaWkcqaH1oqzdaWgaaWcbaGaamyAaiaadshaaeqaaaaa@5A8D@