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

λ= ϕ( X it β+δ D it + ε it ) Φ( X it β+δ D it + ε it ) MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeq4UdWMaeyypa0ZaaSaaaeaacqaHvpGzdaqadaqaaiaahIfadaqhaaWcbaGaamyAaiaadshaaeaarmWu51MyVXgiuL2zLjhaiuaacqWFYaIOaaGccqaHYoGycqGHRaWkcqaH0oazcaWGebWaaSbaaSqaaiaadMgacaWG0baabeaakiabgUcaRiabew7aLnaaBaaaleaacaWGPbGaamiDaaqabaaakiaawIcacaGLPaaaaeaacqqHMoGrdaqadaqaaiaahIfadaqhaaWcbaGaamyAaiaadshaaeaacqWFYaIOaaGccqaHYoGycqGHRaWkcqaH0oazcaWGebWaaSbaaSqaaiaadMgacaWG0baabeaakiabgUcaRiabew7aLnaaBaaaleaacaWGPbGaamiDaaqabaaakiaawIcacaGLPaaaaaaaaa@641C@