Allers, Maarten; van Ommeren, Bernard; Geertsema, Bieuwe - Faculteit Economie en Bedrijfskunde, Rijksuniversiteit … - 2015
In many countries, local governments operating on a small scale face a choice between amalgamation and cooperation. This paper applies a novel methodology to investigate the implications of this choice for operating efficiency. Using a unique micro-level dataset of over 11,000 loans made to both...
