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Municipal Bond Insurance after the Financial Crisis: Can It Help Reduce Borrowing Costs for Local Governments?

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  • Kriz, Kenneth
  • Joffe, Marc

    (Mercury Publication)

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

Suggested Citation

  • Kriz, Kenneth & Joffe, Marc, 2017. "Municipal Bond Insurance after the Financial Crisis: Can It Help Reduce Borrowing Costs for Local Governments?," Annals of Computational Economics, George Mason University, Mercatus Center, April.
    • Handle: RePEc:ajw:journl:07333
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