RDP 2018-07: The GFC Investment Tax Break
Equation
ln
(
E
Q
C
A
P
E
X
n
,
s
,
t
)
=
ν
n
,
s
+
χ
n
,
t
+
ξ
s
,
c
a
l
q
u
a
r
t
e
r
(
t
)
+
η
∗
a
s
,
t
+
e
n
,
s
,
t