Marc Joffe

Marc Joffe

Marc Joffe is the Principal Consultant at Public Sector Credit Solutions, a research group that analyzes government bond credit risk. Marc and his group have previously researched Canadian provincial bonds for a Macdonald-Laurier Institute study entitled “Provincial Solvency and Federal Obligations” and US municipal bonds for Kroll Bond Rating Agency (published in KBRA’s November 2011 default study). Before starting PSCS, Marc was a Senior Director at Moody’s Analytics. He has also held management roles at a number of money center banks. Marc has an MBA from New York University and an MPA from San Francisco State University.

Published Research

Working Papers


Expert Commentary

By Marc Joffe |
Jan 07, 2016

Puerto Rico's debt crisis — the subject of House hearings later this month — represents a failure of the island's unique commonwealth governing model. It's not a country, not a state, and not a territory. Instead, Puerto Rico is a combination of all three: a largely self-governing island with heavy economic and political dependence on a great power.
By Marc Joffe |
Apr 14, 2014

With the Affordable Care Act’s open enrollment period now closed, perhaps there is an opportunity for constructive, bipartisan policy discussion on health care reform. One thing that both Obamacare supporters and opponents can agree on is that our health care system remains inefficient. And, although health care inflation slowed in recent years, informed observers from across the political spectrum realize that population aging will produce a new bout of cost escalation – unless something else is done.
By Marc Joffe |
Apr 03, 2014

Prescription drugs account for about 10 percent of U.S. health care costs-or 1.8 percent of GDP. This does not include the cost of otherwise unnecessary medical appointments to obtain prescriptions and the time wasted at pharmacies waiting for prescriptions to be filled. By relaxing the prescription drug restrictions and reforming the patent system the government can unlock the competitive forces that drive prices down and empower individuals to avoid unnecessary, expensive medical services.
By Marc Joffe |
Jun 28, 2013

The Prairie State will be paying 1.5 percent higher annual interest on its 10-year bonds than the rates incurred by the safest states and cities. These safe bond issuers carry the coveted AAA-bond rating-six steps above lowly Illinois in the ratings pantheon.

Research Areas


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