RDP 9202: Some Tests of Competition in the Australian Housing Loan Market
Equation
α
1
≡
β
21
+
β
31
+
β
41
+
β
51
+
β
61
=
−
1
α
2
≡
β
12
+
β
32
+
β
42
+
β
52
+
β
62
=
−
1
α
3
≡
β
13
+
β
23
+
β
43
+
β
53
+
β
63
=
−
1
α
4
≡
β
14
+
β
24
+
β
34
+
β
54
+
β
64
=
−
1
α
5
≡
β
15
+
β
25
+
β
35
+
β
45
+
β
65
=
−
1
α
6
≡
β
16
+
β
26
+
β
36
+
β
46
+
β
56
=
−
1
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