It is my pleasure to comment on two very interesting papers. While very different in orientation—with the Boeing, Harten and Sanchez-Moyano (2022) paper addressing the search…
Pay for Success (PFS) initiatives have received widespread attention in the United States in the past several years. The outcomes-based projects hold great promise,…
BABC 04-23: Mortgage lenders have long used credit scores as a basis for estimating borrower risk. This risk differentiation is reflected in the coupon rate of the loan…