Economic Report of the President: Hearings Before the Joint Economic Committee, Congress of the United States, Volume 4U.S. Government Printing Office, 2002 |
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Page 12
... moral hazard problem , " knowing that a bailout can come along . I think we have seen some examples of that , where unfortunately good intentions have sometimes turned things to be worse . The IMF has made strides in improving ...
... moral hazard problem , " knowing that a bailout can come along . I think we have seen some examples of that , where unfortunately good intentions have sometimes turned things to be worse . The IMF has made strides in improving ...
Page 13
... moral hazard " ? An institution like the IMF standing by , in effect saying quietly to people who are active in ... moral hazard is about , distorting the incentives . I don't want to say that in all cases the costs of having some sort ...
... moral hazard " ? An institution like the IMF standing by , in effect saying quietly to people who are active in ... moral hazard is about , distorting the incentives . I don't want to say that in all cases the costs of having some sort ...
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2002 Economic Report 3.1 percent administration Administration's Alternative Minimum Tax American believe benefits billion budget business investment capital overhang Chairman Hubbard competition policy Congress consumers consumption costs demand developing countries down-side risk economic growth economic outlook economic policy economic stimulus effects efficient Enron environmental events of 2001 example Federal firms flexibility forecast fourth quarter free trade future GLENN HUBBARD global growth insurance health care system important improve incentives income increase innovation institutions International Monetary Fund JACK REED JIM SAXTON Kroszner legislation lending long-term interest rates malpractice premiums Mark McClellan moral hazard personal accounts policy agenda President President's private sector problems productivity growth programs Randall Kroszner recession recovery reform remains Representative Saxton Representative Watt retirement security role September 11 short-term Social Security spending stimulus package suggest tariffs tax cut terrorism trade promotion authority transparency U.S. economy United workers