Marc Joffe
Senior Policy Analyst
Marc Joffe is a senior policy analyst at Reason Foundation.
After a long career in the financial industry - including a Senior Director role at Moody's Analytics - Joffe's research focuses on sovereign and sub-sovereign credit risk and fiscal sustainability. His financial research has been published by the California State Treasurer's Office, UC Berkeley, the Mercatus Center at George Mason University and the Macdonald-Laurier Institute among others.
Joffe is a regular contributor to The Fiscal Times and his op-eds have also appeared in The Guardian, Bloomberg View and RealClearMarkets.
He has an MBA from New York University and an MPA from San Francisco State University.
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The Cautionary Tale of Puerto Rico’s Pensions
After years of underfunding, Puerto Rico's Employee Retirement System has exhausted its assets and some of its beneficiaries are facing cuts.
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Can California Voters Afford to Authorize More Bonds?
Voters would be well advised to consider not only the merits of each bond individually but also whether state residents can afford to pile these financial obligations onto an already large stock of public debt.
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To Privatize PREPA, Puerto Rico Needs a Coherent Plan
Public power has clearly failed Puerto Rico. But to successfully privatize, the Commonwealth has to offer prospective concessionaires a clear path to profitability without totally stiffing PREPA bondholders.
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As It Recovers, Puerto Rico Needs More People and More Economic Freedom
Puerto Rico remains mired in bankruptcy: to escape, it will have to attract foreign immigrants and provide opportunities for them.
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Unreleased Report Shows Los Angeles Unified School District’s Unfunded Retiree Health Benefit Liability Nears $15 Billion
Compared to the previous biennial report, unfunded liabilities increased $1.4 billion. The actuarial report findings will impact the district's 2018 balance sheet.
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UC Berkeley Study: Public Pension Costs Crowding Out Other Municipal Spending Priorities
Average city pension contributions increased 69 percent in real dollars over 10 years.
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Florida Passes First in the Nation Data Reporting Standards to Improve Local Government Financial Transparency
A new Florida law promises to greatly ease the task of gathering and analyzing local municipal finance statistics, including data on pension and other post-employment benefits.
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Despite Pension Changes, Costs Continue to Weigh on Phoenix’s Municipal Finances
Retirement costs absorbing almost one-quarter of city's general fund
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Mapping Texas Pension Review Board Data
The Pension Review Board data shows that many local pension systems are severely underfunded.