Jump to ContentJump to Main Navigation
Measuring and Managing Federal Financial Risk$
Users without a subscription are not able to see the full content.

Deborah Lucas

Print publication date: 2010

Print ISBN-13: 9780226496580

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226496597.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 22 September 2021

Measuring and Managing Federal Financial Risk

Measuring and Managing Federal Financial Risk

A View from the Hill

Chapter:
(p.21) 2 Measuring and Managing Federal Financial Risk
Source:
Measuring and Managing Federal Financial Risk
Author(s):

Donald B. Marron

Publisher:
University of Chicago Press
DOI:10.7208/chicago/9780226496597.003.0003

There is clearly room for improvement in the measurement and management of the federal budget, generally, and in the management and reporting of financial risk, in particular. Improvements have been made over the years both through statute (e.g., the FCRA) and innovations by the scoring agencies (e.g., use of expected values), but more remains to be done. Some improvements may require the use of modern financial techniques—for example, greater use of risk-adjusted discount rates—but significant gains may also come from simpler changes (e.g., greater recognition of the time value of money).

Keywords:   federal finance, financial risk, financial techniques, risk adjustment, discount rates, expected values

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.