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Fragmentation and Vertical Fiscal Imbalances Lessons from Moldova

Fragmentation and Vertical Fiscal Imbalances Lessons from Moldova »

Source: Fragmentation and Vertical Fiscal Imbalances Lessons from Moldova

Volume/Issue: 2014/233

Series: IMF Working Papers

Author(s): Serhan Cevik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 December 2014

ISBN: 9781498313414

Keywords: Vertical fiscal imbalance, subnational governments, revenues, decentralization, subnational, central government, Structure and Scope of Government, Deficit, General, State and Local Taxation

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 var...

Fragmentation and Vertical Fiscal Imbalances Lessons from Moldova

Fragmentation and Vertical Fiscal Imbalances Lessons from Moldova »

Volume/Issue: 2014/233

Series: IMF Working Papers

Author(s): Serhan Cevik

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 December 2014

DOI: http://dx.doi.org/10.5089/9781498313414.001

ISBN: 9781498313414

Keywords: Vertical fiscal imbalance, subnational governments, revenues, decentralization, subnational, central government, Structure and Scope of Government, Deficit, General, State and Local Taxation

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 var...