This Book is in Good Condition. Clean Copy With Light Amount of Wear. 100% Guaranteed. Summary: "The methods by which to quantify government fiscal risk have captured increased interest following the global financial crisis. In presenting Measuring and Managing Federal Financial Risk, the editor and authors seek to address both the need for and methods suited to the assessment of a set of the US public sector's direct and contingent liabilities. . . . These [contributions] may be valuable to graduate students and academic or applied economists wanting insights into the empirical methods that may be used to value alternative forms of government direct and contingent fiscal liability.". Buchnummer des Verkäufers
Inhaltsangabe: The U.S. government is the world?s largest financial institution, providing credit and assuming risk through diverse activities. But the potential cost and risk of these actions and obligations remain poorly understood and only partially measured. Government budgetary and financial accounting rules, which largely determine the information available to federal decision makers, have only just begun to address these issues. However, recently there has been a push to rethink how these programs are valued and accounted for, and some progress has been made in applying modern valuation methods?such as options pricing, risk-adjusted discount rates, and value at risk?to these types of obligations.
This book contains new research, both empirical and methodological, on the measurement and management of these costs and risks. The analyses encompass a broad spectrum of federal programs, including housing, catastrophe insurance, student loans, social security, and environmental liabilities. Collectively, the contributions gathered in Measuring and Managing Federal Financial Risk demonstrate that the logic of financial economics can be a useful tool for studying a range of federal activities.
Über den Autor: At the time this work was completed, Deborah Lucas was the Donald C. Clark HSBC Professor of Consumer Finance, Kellogg School of Management, Northwestern University, and a research associate of the National Bureau of Economic Research.
Buchbeschreibung University Of Chicago Press. Buchzustand: Very Good. Hardcover A well-cared-for item that has seen limited use but remains in very good condition. The item is complete, and without noticable damage. It may have limited signs of use. Packed with care, shipped promptly. Buchnummer des Verkäufers R-01-0671
Buchbeschreibung University Of Chicago Press, 2010. Hardcover. Buchzustand: New. Buchnummer des Verkäufers SONG0226496589
Buchbeschreibung University Of Chicago Press. Buchzustand: Very Good. Includes everything it's supposed to include. Light to moderate shelf wear. No apparent underlining/highlighting. Buchnummer des Verkäufers 940150
Buchbeschreibung Univ of Chicago. Buchzustand: BRAND NEW. BRAND NEW Hardcover A Brand New Quality Book from a Full-Time Bookshop in business since 1992!. Buchnummer des Verkäufers 2093986
Buchbeschreibung University of Chicago press. Buchzustand: New. Brand New. Buchnummer des Verkäufers 0226496589
Buchbeschreibung University Of Chicago Press, 2010. Hardcover. Buchzustand: Used: Good. We ship International with Tracking Number! May not contain Access Codes or Supplements. Buy with confidence, excellent customer service! L. Buchnummer des Verkäufers 0226496589D
Buchbeschreibung University Of Chicago Press, 2010. Hardcover. Buchzustand: New. book. Buchnummer des Verkäufers 0226496589
Buchbeschreibung Univ of Chicago Pr, 2010. Hardcover. Buchzustand: Brand New. 269 pages. 9.00x6.00x0.75 inches. In Stock. Buchnummer des Verkäufers 0226496589