by rpafdaccess | Sep 27, 2024 | Financial distress, Municipal bankruptcy
Author: Laura N COORDES, Thom REILLY Why do some struggling cities file for bankruptcy while others, facing similar circumstances, do not? This Article builds on the literature examining the causes and consequences of municipal fiscal distress by exploring specific...
by rpafdaccess | Sep 27, 2024 | Local public entities, Municipal distress
Author: Laura N COORDES What sorts of legal relief should be available to a municipality in financial distress? Chapter 9 of the Bankruptcy Code has served as an option of last resort for many municipalities over the years. But as this Article illustrates, Chapter 9...
by rpafdaccess | Sep 27, 2024 | Bankruptcy, Municipal distress, Pension liabilities
Author: Thom REILLY, Laura COORDES, David SCHLINKERT, Erin REINISCH This paper builds on the literature examining the circumstances surrounding municipal fiscal distress by constructing a broader picture of the factors related to distress and why some cities file for...
by rpafdaccess | Sep 27, 2024 | Financial distress, Municipal merger, Tax
Author: Hikaru OGAWA, Taiki SUSA This paper shares the interests on the design of municipal borders with the latter and aims to provide further insight into the endogenous determination of municipal borders when countries face market integration in a global economy....
by rpafdaccess | Sep 27, 2024 | Common pool problem, Financial distress, Free-ride behaviours, Municipal merger
Author: Tsuyoshi GOTO, Sandra SEKGETLE, Takashi KURAMOTOT Employing South African data and Difference-In-Difference (DID) method, this paper investigates whether the free-ride behaviour was taken by municipalities which faced their mergers before the municipal...