Debt Limit Works. Mayors Respond Before Sanctions Are Imposed.
What makes a mayor keep municipal debt under control? The threat that a municipality may lose part of its tax revenues, or the fear of being publicly labelled fiscally irresponsible? New research by Lucie Sedmihradská and Markéta Arltová from the Faculty of Finance and Accounting at the Prague University of Economics and Business, published in […]









