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Amalgamation, free-ride behavior, and regulation
Amalgamation incentivizes municipalities to increase public debt because it allows them to subrogate their repayment and interest burden on the entire municipality after amalgamation. Especially, the smaller municipality tend s to accumula te public debt in order to free ride Previous literature has...
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| Veröffentlicht in: | MAGKS - Joint Discussion Paper Series in Economics (Band 39-2013) |
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| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | Englisch |
| Veröffentlicht: |
Philipps-Universität Marburg
2013
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| Schlagworte: | |
| Online Zugang: | PDF-Volltext |
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