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Research report

Buy and Hold (on Tight): The Recent Muni Bond Rollercoaster and What It Means for Cities

Tracy Gordon
September 20, 2011
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Abstract

The often overlooked municipal debt market has attracted considerable attention lately amid predictions of widespread local government defaults and changes to the federal tax exemption for municipal bonds. This paper explains essential features of muni bonds and assesses recent policy and market developments. It concludes by offering guidelines for local decision makers regardless of how outstanding questions are ultimately resolved.

Research Area

State and Local Issues Federal Budget and Economy
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Meet the Experts

  • Tracy Gordon
    Co-Director and Acting Robert C. Pozen Director, Tax Policy
Research report

New Evidence on The Effect of The TCJA On the Housing Market

Robert McClelland, Livia Mucciolo, Safia Sayed
March 30, 2022
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