Results 1 to 10 of about 263,457 (287)

The Concept of Independence of Central Bank on the Example of the National Bank of Poland [PDF]

open access: yesZeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej, 2019
The need for independence of the central bank results from the fiduciary nature of modern money. Independence of the central bank is generally understood as depriving the executive of the influence on the bank's decisions, while depriving the legislative
Agata Tarnacka
doaj   +16 more sources

LEGAL STATUS AND COMPETENCES OF BODIES OF THE NATIONAL BANK OF POLAND

open access: yesJournal of Modern Science, 2019
Objectives The aim of the analysis was to present the current state of the organization and operation of the National Bank of Poland and postulates regarding changes that could strengthen its position as an institution implementing monetary policy ...
Agata Hiacynta Tarnacka
doaj   +2 more sources

Structural Econometric Models in Forecasting Inflation at the National Bank of Poland [PDF]

open access: yesSSRN Electronic Journal, 2005
The paper presents the procedure and two structural macroeconometric models used at the National Bank of Poland for producing regular quarterly inflation projections. One of the models is a small macroeconomic model based on the New Keynesian Phillips curve, the IS curve and the exchange rate equation based on uncovered interest parity with risk ...
Bohdan Klos   +4 more
openaire   +3 more sources

NATIONAL BANK OF POLAND ON THE INTERBANK MONEY MARKET

open access: yesEkonomia i Prawo, 2012
The paper presents the role of the Polish National Bank in the interbank money market. The central bank is a key institution regulating the level of monetary equilibrium and liquidity of banking sector, activating the commercial banks' liquidity ...
Ilona Pietryka
doaj   +2 more sources

ASSESSMENT OF THE REALIZATION OF MONETARY POLICY OF NATIONAL BANK OF POLAND

open access: yesEkonomia i Prawo, 2006
The monetary policy of NBP realized in 1990-2004 has deeply changed. On the one hand the changes were institutional, on the other one – they concerned modifications of the shape of monetary policy, either in its goals and strategies or in its instruments.
Wiesława Przybylska-Kapuścińska
doaj   +3 more sources

THE ADJUSTMENT OF INSTRUMENTS OF NATIONAL BANK OF POLAND TO THE STANDARDS OF THE EUROSYSTEM – OPEN MARKET OPERATIONS

open access: yesEkonomia i Prawo, 2010
The idea if EMU requires countries entering the euro zone to have a homogeneous system of monetary policy instruments including open market operations.
Ilona Pietryka
doaj   +2 more sources

The Legal Position of the National Bank of Poland as a Guardian of the Value of Money in the Light of Normative Determinants of Monetary Order

open access: yesStudia Iuridica Lublinensia, 2023
The article concerns an issue of great significance from the point of view of contemporary challenges. The primary objective is to identify problems and legal instruments which are of fundamental importance in the perspective of the central bank’s tasks ...
Marian Zdyb
doaj   +2 more sources

SELECTED IMPLICATIONS OF THE CREATION OF THE BANKING UNION FOR THE ACCESSION OF POLAND INTO THE EUROZONE [PDF]

open access: yesZeszyty Naukowe Wyższej Szkoły Finansów i Prawa w Bielsku-Białej, 2016
The last global financial crisis exposed a number of structural weaknesses of the eurozone which generated a great deal of additional costs as well as risks leading almost to its collapse.
Piotr J. Szpunar
doaj   +15 more sources

Discretion as a policy tool - an analysis of the National Bank of Poland's role in intervention strategies during the economic crisis

open access: yesJournal of Modern Science
Objectives The decision-making discretion of the National Bank of Poland (NBP) plays a key role in enhancing the country's economic stability during economic crises.
Konrad Trzonkowski
doaj   +2 more sources

Credible enough? Forward guidance and perceived National Bank of Poland’s policy rule [PDF]

open access: yesApplied Economics Letters, 2015
AbstractForward guidance effectiveness is conditional upon its credibility. This policy, when taken as credible, should reduce the perceived impact of macroeconomic variables on the interest rate. Using the Taylor rule framework and employing micro-level data set, we test the perception of monetary policy in Poland among professional forecasters.
Baranowski, Paweł, Gajewski, Paweł
openaire   +3 more sources

Home - About - Disclaimer - Privacy