Results 1 to 10 of about 283 (125)

The Financial Stability Mandate of the Narodowy Bank Polski: A Constitutional Perspective [PDF]

open access: yesPrzegląd Prawa Konstytucyjnego, 2020
Experiences related to the global financial crisis of 2008 and to subsequent turbulence in the financial market, and also to threats connected with the COVID-19 pandemic, demonstrate the evolution of the aims of the functioning of central banks. The goal of monetary stability, which means attempting to ensure low inflation, has proved insufficient.
Anna Jurkowska-Zeidler
exaly   +3 more sources

Narodowy Bank Polski jako organ państwa – uwagi de lege lata

open access: yesActa Iuridica Resoviensia
Konstytucja RP jednoznacznie stanowi, że Narodowy Bank Polski jest bankiem centralnym Rzeczypospolitej Polskiej, co oznacza, że wolą ustrojodawcy było, aby na terytorium Polski działał tylko jeden bank o takim zakresie kompetencji i pozycji ustrojowej. Pojęcie „centralnego banku państwa” jest terminem wykształconym w literaturze poświęconej bankowości ...
Małgorzata Grzesik-Kulesza   +1 more
exaly   +2 more sources

Aging, Migration and Monetary Policy in Poland

open access: yesGospodarka Narodowa. The Polish Journal of Economics, 2022
Poland faces a particularly sharp demographic transition. The old-age dependency ratio is expected to increase from just above 20% in 2000 to over 60% in 2050.
Marcin Bielecki   +2 more
doaj   +1 more source

Macroprudential Policy on an Uneven Playing Field: Supranational Regulation and Domestic Politics in the EU's Dependent Market Economies

open access: yesJCMS: Journal of Common Market Studies, Volume 59, Issue 3, Page 497-517, May 2021., 2021
Abstract Central bankers and financial regulators in East Central Europe and the Balkans regularly employed macroprudential policy before the global financial crisis and continue to be among its most active proponents in the European Union. We draw upon the Dependent Market Economy framework to explore how the EU's five DMEs – the Czech Republic ...
Dóra Piroska   +2 more
wiley   +1 more source

FOREIGN BANKS AND THE BANK LENDING CHANNEL

open access: yesEconomic Inquiry, Volume 59, Issue 1, Page 478-493, January 2021., 2021
We provide new evidence on bank ownership and transmission of monetary policy using bank‐level data on 453 banks in Central and Eastern European economies between 1998 and 2012. Only domestic banks adjust loans to changes in monetary policy, while foreign banks do not. Conventional wisdom says that this is because foreign banks can rely on parent banks'
Piotr Denderski, Wojtek Paczos
wiley   +1 more source

Finansowe i społeczne aspekty prywatyzacji oszczędności emerytalnych

open access: yesPolityki Europejskie, Finanse i Marketing, 2021
Prywatyzacja funduszy emerytalnych w Polsce rozpoczęła się w 1999 r., kiedy system zdefiniowanego świadczenia zastąpiono systemem zdefiniowanej składki, w następnych latach sukcesywnie likwidując niemal wszystkie uprawnienia pracownicze.
Grażyna Ancyparowicz
doaj   +3 more sources

Szacunki mnożników fiskalnego, inwestycyjnego i eksportowego w gospodarce Polski w latach 2005–2020

open access: yesRuch Prawniczy, Ekonomiczny i Socjologiczny, 2021
Mechanizm mnożników wydatków autonomicznych we współczesnej ekonomii jest jednym z ważniejszych zagadnień. Przyczyną tego jest fakt, iż ujawnia on o ile zmienia się PKB na skutek zmian wydatków autonomicznych.
Arkadiusz Derkacz
doaj   +1 more source

Exchange rate predictability and dynamic Bayesian learning

open access: yesJournal of Applied Econometrics, Volume 35, Issue 4, Page 410-421, June/July 2020., 2020
Summary We consider how an investor in the foreign exchange market can exploit predictive information by means of flexible Bayesian inference. Using a variety of vector autoregressive models, the investor is able, each period, to learn about important data features.
Joscha Beckmann   +3 more
wiley   +1 more source

Initial Monetary Policy Response to the COVID-19 Pandemic in Inflation Targeting Economies

open access: yesGospodarka Narodowa. The Polish Journal of Economics, 2021
The monetary policy response to COVID-19 in various economies around the world was in many ways exceptional. This paper investigates several aspects of this response among 28 inflation targeters by looking at actions undertaken by selected monetary ...
Joanna Niedźwiedzińska
doaj   +1 more source

The Development of Residential and Commercial Real Estate, and Economic Development in Polish Voivodships

open access: yesBarometr Regionalny, 2017
The article presents the development of residential and commercial real estate in Poland and its 16 voivodships. This is closely linked to the economic development of the regions. The first part shows how the stock of this real estate grew on a national
Jacek Łaszek   +2 more
doaj   +1 more source

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