RDP 2014-13: Mortgage-related Financial Difficulties: Evidence from Australian Micro-level Data
Equation (C1)
h
a
(
t
)
=
lim
δ
→
0
{
Pr
(
t
≤
T
<
t
+
δ
,
j
=
a
|
T
≥
t
∪
(
T
<
t
∩
j
=
p
)
)
δ
}
.
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