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...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Cevik, Serhan
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2014.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2014/233
Online Zugang:Full text available on IMF