Fragmentation and Vertical Fiscal Imbalances Lessons from Moldova /

Using a novel municipality-level panel dataset, this paper investigates the empirical characteristics of vertical fiscal imbalances (VFIs) in Moldova over the period 2005-13. The results show that the extent of variation in VFIs across 898 municipalities can be explained by the level of per capita i...

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Hlavní autor: Cevik, Serhan
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2014.
Edice:IMF Working Papers; Working Paper ; No. 2014/233
On-line přístup:Full text available on IMF