Haughwout, Andrew; Hyman, Benjamin; Shachar, Or - 2022
responsibilities. In April 2020, the Federal Reserve announced the establishment of the Municipal Liquidity Facility (MLF) to help … rates to a set of eligible municipal issuers that included states, large cities and counties, and a number of revenue bond … Authority, contributed to a healing in the municipal securities market as a whole. Effects on real economic outcomes like …