Municipal Bond Insurance after the Financial Crisis: Can It Help Reduce Borrowing Costs for Local Governments?
Kenneth Kriz and
Marc Joffe
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Marc Joffe: Mercury Publication
Annals of Computational Economics, 2017
Abstract:
After achieving peak revenue of $1.5Â billion in 2007, the municipal bond insurance business collapsed in the wake of the financial crisis. More recently, the industry has started to recover, with three market participants seeking to write new policies. Ou
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ajw:journl:07333
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