Municipality amalgamation and free-ride behavior: Eligibility assessments for long-term care insurance in Japan

Amalgamation offers municipalities an incentive to free ride when they can subrogate the load to a new municipality after amalgamation. Previous literature has clarified opportunistic behavior in local public bond issues. However, if the municipality does not have a leeway in policy decision m aking...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 40-2013)
Main Author: Nakazawa, Katsuyoshi
Format: Article
Language:English
Published: Philipps-Universität Marburg 2013
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Online Access:PDF Full Text
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