Abstract:

Vertical fiscal imbalances, Moldova, Public finance, Government expenditures, Fiscal decentralization, Econometric models, Time series, Panel analysis, subnational governments, revenues, central government, municipalities, transfers, tax, municipality, revenue mobilization, tax revenues, budget balance, central government budget, mayor, fiscal policy, fiscal constraints, current expenditures, ministry, revenue collection, mayors, ministry of finance, taxation, revenue sharing, intergovernmental fiscal relations, fiscal performance, local expenditure, tax policy, town, budget constraint, policy objectives, tax instruments, size of municipalities, taxes, revenue sources, policy formulation, po