their debt level, considering evidence from Portugal for the period 2004 - 2013. A static panel data model is applied …-electoral cycle, allowing the conclusion that, given the evidence from Portuguese municipalities, debt increases in election years … local authorities' debt levels. It is also clear that the financial crisis in the period 2008 - 2010 likewise had a positive …

their debt level, considering evidence from Portugal for the period 2004-2013. A static panel data model is applied …-electoral cycle, allowing the conclusion that, given the evidence from Portuguese municipalities, debt increases in election years … local authorities' debt levels. It is also clear that the financial crisis in the period 2008-2010 likewise had a positive …

municipality of Leukerbad, highlighting the causes leading to the debt, problem management, legislative actions taken in response … was developed to settle the debt, according to which the municipality – through an enterprise established for this very … purpose – pays 22 per cent of accumulated debt to creditors and holds out the prospect of repaying a further 11 per cent. The …

This paper analyzes the factors that directly influence levels of debt in Spanish local governments. Specifically, the … varying effect of each covariate depending on each municipality’s specific debt level, which suggests that economic policy …

performance, specifically own-source revenues and debt. Using different measures of the vertical structure of the local governance …