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RBA Glossary definition for R&D

R&D – research and development

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Appendix A: Debt Overhang Model

10 Jul 2019 RDP 2019-06
Fiona Price, Benjamin Beckers and Gianni La Cava
The budget constraint in the second period is:. C. 2. =. Y. 2. (. 1. r. ). D. 1. (. 1. r. ). ... E. (. r. ). D. 0. 1. δ. D. 0. To avoid this, the household reduces consumption in period 1.
https://www.rba.gov.au/publications/rdp/2019/2019-06/appendix-a.html

The Effect of Mortgage Debt on Consumer Spending: Evidence from Household-level Data

1 Jul 2019 RDP 2019-06
Fiona Price, Benjamin Beckers and Gianni La Cava
1. where the scheduled mortgage debt balance (D. S. ) is a function of the stock of debt at origination (D. ... h. ε. h. ,. t. This model includes the lagged level of owner-occupier mortgage debt (D.
https://www.rba.gov.au/publications/rdp/2019/2019-06/full.html