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It's interesting most discussions of the moral hazard implications of Fed actions have focused on how those actions might determine behaviour in the next crisis.
Certainly some respected voices in the blogosphere have been telling investors to steer well clear of the GSEs (see Ritholtz, Barry).Whatever the actual explanation, does this suggest that government officials should spend more time reflecting on the near-term effects of their decisions and less time worrying about the moral hazard implications for future crises?
HSBC's Burden worries about the moral hazard implications.
"It really changes the story and the hazard implications.
These wind characteristics have first order hazard implications discussed later.
Reactive hazard implications have also been treated, focusing on the various effects of reactive scenarios potentially resulting in serious outcomes.
Similar(50)
The risk implications of a fractional hazard rate are embedded in its fractional index.
The focus is on geological hazards, their implications, and mitigation measures.
Due to Asia's high exposure to natural hazards, the implications of the new SFDRR have major significance for the future development of the region.
Yet, the positive implications hazards might have for communities are not always fully considered for small islands.
Consequently, the spatial variability of tsunami hazards has important implications for the tsunami-resistant design of structures and evacuation plans because different safety margins may be required to achieve consistent reliability levels.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com