This study analyzed the effect of Fundeb on the Saeb results of the municipalities by estimating a spatial panel model with information from 2007 and 2017, which contemplates the 10 years of the fund's implementation. The results indicated that the increase of 10% in the Fundeb amount per...

This study analyzed the effect of Fundeb on the Saeb results of the municipalities by estimating a spatial panel model with information from 2007 and 2017, which contemplates the 10 years of the fund’s implementation. The results indicated that the increase of 10% in the Fundeb amount per...