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 (B1)
P
(
F
H
B
i
t
=
1
|
X
i
t
,
D
i
t
)
=
Φ
(
X
i
t
′
β
+
δ
D
i
t
+
ε
i
t
)
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamiuamaabmaabaGaamOraiaadIeacaWGcbWaaSbaaSqaaiaadMgacaWG0baabeaakiabg2da9iaaigdacaGG8bGaaCiwamaaBaaaleaacaWGPbGaamiDaaqabaGccaGGSaGaamiramaaBaaaleaacaWGPbGaamiDaaqabaaakiaawIcacaGLPaaacqGH9aqpcqqHMoGrdaqadaqaaiaahIfadaqhaaWcbaGaamyAaiaadshaaeaarmWu51MyVXgiuL2zLjhaiuaacqWFYaIOaaGccqaHYoGycqGHRaWkcqaH0oazcaWGebWaaSbaaSqaaiaadMgacaWG0baabeaakiabgUcaRiabew7aLnaaBaaaleaacaWGPbGaamiDaaqabaaakiaawIcacaGLPaaaaaa@5F0A@