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    • Investment capacity and the electoral marketplace: evidence from Brazil 

      Araújo, Victor; Izumi, Maurício; Limongi Neto, Fernando Papaterra; Mignozzetti, Umberto G.
      The importance of money in elections is a hallmark of contemporary democracies. In this paper, we study how investment capacity, defined as the resources remaining after the municipality perform the mandatory expenditures, ...