RDP 2014-04: Home Price Beliefs in Australia
Equation (3)
U
p
t
=
l
n
(
V
¯
p
t
)
−
l
n
(
S
¯
p
t
)
.
MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaamyvamaaBa aaleaacaWGWbGaamiDaaqabaGccqGH9aqpcaWGSbGaamOBamaabmaa baGabmOvayaaraWaaSbaaSqaaiaadchacaWG0baabeaaaOGaayjkai aawMcaaiabgkHiTGqaciaa=XgacaWFUbWaaeWaaeaaceWGtbGbaeba daWgaaWcbaGaamiCaiaadshaaeqaaaGccaGLOaGaayzkaaGaaiOlaa aa@48A1@