The Impact of New Vendors on Depositor Demand and Performance of the Texas Local Government Investment Pool

Using performance data from TexPool, this study provides insight into the tradeoffs states must make when considering whether to retain a monopoly for their local government investment pool (LGIP) or open that short-term investment market to multiple providers. The study reports on the impact on bot...

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Veröffentlicht in:	Municipal Finance Journal 2017-04, Vol.38 (1), p.1
Hauptverfasser:	Nukpezah, Julius A, Bland, Robert L
Format:	Artikel
Sprache:	eng
Schlagworte:	Local government Money markets Monopolies Municipal finance Studies
Online-Zugang:	Volltext
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