Dissertation Research: The Optimal Speed of Privatization, Unemployment and Fiscal Policy in Post Socialist Economies

在中欧和东欧国家，国有企业私有化是向市场经济过渡的核心要素。 本研究的目的是调查私有化速度与产出变化之间的关系，特别强调失业和财政政策的作用。 这一问题可以表述为：在转型经济中，政府应该如何选择国有部门的缩减和税收路径，以实现理想的资源配置。 研究的理论部分包括为转型经济体制定一个具有就业匹配过程的一致的宏观经济框架，以分析替代私有化和税收计划的影响和福利影响。 该模型是一个一般均衡模型，即它捕捉了模型中所有变量的相互作用。 通过纳入工作匹配过程，该模式考虑到东欧各国目前存在的失业工人与现有空缺之间的区域和技能不匹配，从而为研究私有化的最佳速度提供了一个适当的框架。 实证部分包括收集每个国家的产出、就业、失业、财政支出和税收数据，然后估计一般均衡模型。 ***

In countries of Central and Eastern Europe, privatization of state owned enterprises is the central element of transition to a market economy. The objective of this research is to investigate the relationship between speed of privatization and changes in output, with particular emphasis on the role of unemployment and fiscal policy. The issue can be stated as: how should government choose the downsizing of the state sector and the path of taxation to achieve a desirable resource allocation in the transition economy. The theoretical part of the research consists of developing a consistent macroeconomic framework for a transition economy with a job matching process in order to analyze the effects and welfare implications of alternative privatization and taxation schemes. The model is a general equilibrium model, i.e. it captures the interaction of all variables in the model. By incorporating the job matching process, the model takes into account the regional and skill mismatch between unemployed workers and available vacancies that currently exists across countries of Eastern Europe and, thus, provides a suitable framework for studying the optimal speed of privatization. The empirical part involves collecting data on output, employment, unemployment, fiscal expenditures, and taxes for each country and then estimating the general equilibrium model. ***