RDP 2018-05: Do Interest Rates Affect Business Investment? Evidence from Australian Company-level Data Equation (2)

R i,t c = D i,t ( D i,t + E i,t ) ( ( 1 τ t ) R i,t D π t e )+ E i,t ( D i,t + E i,t ) R i,t E MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@6C2B@