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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Cevik, Serhan
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/233
Acceso en liña:Full text available on IMF