Government Risk-Bearing Proceedings of a Conference Held at the Federal Reserve Bank of Cleveland, May 1991

The u.s. government bulks large in the nation's financial markets. The huge volume of government-issued and -sponsored debt affects the pricing and volume ofprivate debt and, consequently, resource allocation between competing alternatives. What is often not fully appreciated is the substantial...

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Bibliographic Details
Other Authors: Sniderman, Mark S. (Editor)
Format: eBook
Language:English
Published: Dordrecht Springer Netherlands 1993, 1993
Edition:1st ed. 1993
Subjects:
Online Access:
Collection: Springer Book Archives -2004 - Collection details see MPG.ReNa
Table of Contents:
  • 1 Institutional Control and Large-scale, Long-term Hazards
  • 2 Ambiguity and Government Risk-Bearing for Low-Probability Events
  • 3 Public Insurance of Private Risks: Theory and Evidence from Agriculture
  • 4 Government Risk-Bearing in the Financial Sector of a Capitalist Economy
  • 5 Perspectives on the Role of Government Risk-Bearing within the Financial Sector
  • 6 Government Risk-Bearing: What Works and What Doesn’t
  • 7 The PBGC: A Costly Lesson in the Economics of Federal Insurance
  • 8 Recent Federal Efforts to Measure and Control Government Risk-Bearing
  • 9 Information and Incentives to Improve Government Risk-Bearing