RDP 2013-05: Liquidity Shocks and the US Housing Credit Crisis of 2007–2008
Equation
L
i
j
t
∗
=
1
α
+
γ
(
r
¯
j
t
+
γ
S
i
j
t
−
ϕ
E
i
t
)
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamitamaaDa aaleaacaWGPbGaamOAaiaadshaaeaacqGHxiIkaaGccqGH9aqpdaWc aaqaaiaaigdaaeaacqaHXoqycqGHRaWkcqaHZoWzaaWaaeWaaeaace WGYbGbaebadaWgaaWcbaGaamOAaiaadshaaeqaaOGaey4kaSIaeq4S dCMaam4uamaaBaaaleaacaWGPbGaamOAaiaadshaaeqaaOGaeyOeI0 Iaeqy1dyMaamyramaaBaaaleaacaWGPbGaamiDaaqabaaakiaawIca caGLPaaaaaa@517B@