Este trabalho discute que critérios (rawlsianos, dotações de factores ou utilitaristas) predominam no articulado da Lei das Finanças Locais de Portugal desde finais da década de 1970. Conclui advogando que predominam critérios de natureza utilitarista através das estimações conseguidas...

Limited access to credit has been identified as a major constraint to sustainable municipal development, but empirical evidence on the effectiveness of credit operations remains inconclusive. This paper evaluates the impact of federal government guaranteed loans on public expenditures. Using...

If banks' performance is to be be evaluated against the objectives they actually pursue, assessments of stakeholder-oriented banks should go beyond financial efficiency. Furthermore, also the environment these institutions operate in has to be kept in mind when interpreting levels of managerial...

We estimate the slope of the housing price gradient - the relationship between prices and distance to the center or employment density - in Mexico City, using administrative and survey data on housing prices in from 2019 to 2022. Our estimates rule out statistically significant changes in the...

This study adopts a quasi-experimental approach to empirically identify the discretion exercised by municipalities in conducting eligibility assessments for Japan’s Long-Term Care Insurance (LTCI) program. It leverages the municipal merger phenomenon in the first half of the 2000s as a...

The impact of local fiscal policy depends on the choice of the tax base. In this paper, we take four criteria to evaluate tax bases, namely: efficiency, simplicity, flexibility, and fairness. The results of such an evaluation depend on how we describe the involved agents. We construct a two...

This paper provides an econometric estimation of the influence of individual social-economic, natural, and technological determinants of the credit provision for the agriculture in the case of the Czech Republic. The regression model is based on the microeconomic model of the maximization of the...

Social infrastructure has endured a long period of neglect in most developed and emerging countries, with chronic underinvestment exposed by the coronavirus crisis 2020. The financial crisis 2007/08 led to a slow revival of economic infrastructure policies, and a growing involvement of...

This paper provides an overview of the credit provision in the Czech Republic at the beginning of the transition period. We show the economic forces leading to the creation of specialized government credit guarantee institution. While we provide a brief overview of different credit support...

4e paper researches financial history of Brod-Posavlje, the extent of economic development and its influence on financial sector from the middle of 18th century to the middle of 20th century. What we deal with are four most important institutions in the segments of the economic and later...