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The objective of this work is to analyze the impact of fiscal decentralization on the behavior of Brazilian municipal policymakers. This work uses the first three cutoffs of the transfer rules of the Municipal Participation Fund (FPM) and applies a regression discontinuity designs (RDD) to...
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activities and the effective management of funds, with a special emphasis to the Municipality of Stip, R. Macedonia”. The paper … economic growth. The purpose of this paper is to investigate the ability and willingness of the Municipality of Stip to issue … municipal bonds. The main hypothesis states that the Municipality of Stip is able to issue a municipal bond as an alternative …
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