The name is absent



90


Hazard Function for 'Bankruptcy* by the Proposed

Method

0.005 *ι

0.0045 ■

Я 0.004 -

tt 0.0035 -

I 0.003 -_______

—Before 99 Dec.

—After 99 Dec.


I 0.0025 -

I 0.002 -

I 0.0015 -

≡ 0.001 -

0.0005 -

0 - I I -T- I

T-I........I.......!"I Ilii


Time

Figure 5.1: Hazard Function for Bankruptcy Obtained Using the Proposed Method with
τ=0.5



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