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Mr. Geithner suggested British authorities should "eliminate incentive to misreport".
Mr. Geithner urged British authorities to "eliminate incentive to misreport" Libor, which affects the cost of trillions of dollars in mortgages and other loans.
The suggestions included "strengthen governance and establish a credible reporting procedure" and "eliminate incentive to misreport," according to documents released by the New York Fed.
In a June 2008 e-mail to the Bank of England, the country's central bank, Mr. Geithner recommended that British officials "eliminate incentive to misreport" Libor.
They included recommendations that British officials "strengthen governance and establish a credible reporting procedure" and "eliminate incentive to misreport," according to documents released last week.
At the time, Mr. Geithner recommended in an e-mail that British officials "strengthen governance and establish a credible reporting procedure" and "eliminate incentive to misreport," according to documents released last week.
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Timothy Geithner, then the president of the New York Fed, sent a note to Mervyn King, the leader of the Bank of England, that suggested that the British regulators "eliminate incentives to misreport".
Mr. Geithner, who is now the Treasury secretary, reached out to Mervyn A. King, the governor of the Bank of England, recommending changes to the rate-setting process, including eliminating incentives to misreport Libor.
Governments have incentives to misreport their economic productivity to advance their political goals.
We present a series of results for computing or approximating an upper bound on agent incentives to misreport their preferences.
Then, we could additionally reduce the level of consumption of all those bundles that may provide any agent with incentives to misreport their real ex ante preferences.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com