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Articles 1 - 2 of 2
Full-Text Articles in Law
The Political Economy Of International Financial Regulation, Pierre-Hugues Verdier
The Political Economy Of International Financial Regulation, Pierre-Hugues Verdier
Indiana Law Journal
No abstract provided.
Risky Returns: Accounting For Risk In The Federal Budget, David Kamin
Risky Returns: Accounting For Risk In The Federal Budget, David Kamin
Indiana Law Journal
There has been a growing consensus among academics, analysts, and policymakers that the official federal budget estimates should reflect the “cost of risk”—the amount that the private market would demand to bear risk. The result would be to add tens, if not hundreds, of billions of dollars in annual costs to the federal budget and, in combination with the budget enforcement laws now in place, make it much more difficult for the federal government to create or expand programs that involve risk—ranging from student lending to home mortgage guarantees to, potentially, broad social insurance programs like unemployment insurance. This Article …