Fannie Mae and Freddie Mac, government-sponsored enterprises that played a prominentrole in the financial crisis of 2008, and the federal government have come to a crossroads. The government must make
This is the second edition of a very popular book on the use of Bayesian networks for risk assessment and decision analysis. It is aimed at practitioners and students, with a focus on applications and
Although many Bayesian Network (BN) applications are now in everyday use, BNs have not yet achieved mainstream penetration. Focusing on practical real-world problem solving and model building, as oppo
Baily (economics, Brookings Institution) and Kirkegaard (economics, Peterson Institute for International Economics) use pension reform programs from other developed nations to analyze the design of US
Europe grew rapidly for many years, but now, faced with greater challenges, several of the large economies in Europe have either failed to generate enough jobs or have failed to achieve the highest le
The financial crisis of 2008 devastated the American economy and caused U.S. policymakers to rethink their approaches to major financial crises. More than five years have passed since the collapse of
Once we paid for things with bills, coins, or checks. Today we pay with zeroes and ones ?digital entries on credit and debit cards, or electronic messages sent over the Internet. In Moving Money, dis
In 2007 and 2008, America's financial system faced its greatest challenge in seventy years. The crisis originated in America's subprime mortgage market and spread quickly to other debt and equity mark
How much financial regulation will adequately reduce future systemic threats to the financial sector? To what extent can international authorities legally oversee the financial activities and outcomes
