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RDP 2017-05: The Property Ladder after the Financial Crisis: The First Step is a Stretch but Those Who Make It Are Doing OK
Equation (4)
P
(
F
D
i
=
1
|
X
i
t
,
D
i
t
)
=
Φ
(
X
i
t
′
β
+
γ
q
∑
q
=
1
4
D
E
P
i
q
+
φ
D
i
t
+
ε
i
t
)
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@6B02@