Martell, Christine R.; Kravchuk, Robert S. - In: Public Finance Review 38 (2010) 3, pp. 378-401
This article explores the effects of credit enhancement, and downgrades to credit enhancement providers, on the costs … researched, especially regarding credit enhancement. This study empirically investigates whether liquidity providers affect the …. Several important contributions are made. First, this research emphasizes the role of liquidity provision as a form of credit …