RDP 2016-09: Why Do Companies Fail? Equation

S( t m , X j )= e 0 t m λ j ( u| X j )du = e H m e β X j MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaam4uamaabmaabaGaamiDamaaBaaaleaacaWGTbaabeaakiaacYcacaWHybWaaSbaaSqaaiaadQgaaeqaaaGccaGLOaGaayzkaaGaeyypa0JaamyzamaaCaaaleqabaGaeyOeI0Yaa8qmaeaacqaH7oaBdaWgaaadbaGaamOAaaqabaWcdaqadaqaaiaadwhacaGG8bGaaCiwamaaBaaameaacaWGQbaabeaaaSGaayjkaiaawMcaaiaadsgacaWG1baameaacaaIWaaabaGaamiDamaaBaaabaGaamyBaaqabaaaoiabgUIiYdaaaOGaeyypa0JaamyzamaaCaaaleqabaGaeyOeI0IaamisamaaBaaameaacaWGTbaabeaaliaadwgadaahaaadbeqaaiaahk7acaWHybWaaSbaaeaacaWGQbaabeaaaaaaaaaa@58C2@