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Public Guarantee Programs
credit programs treat the extension of credit as a direct budget outlay to the extent of the expected losses ... But we also decided to go ahead and look at the direct programs when they were directly related to a guarantee ...- Authors: Harry H Panjer, Shelley Klein, Lorraine Cote
- Date: Oct 1995
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Public Policy