Interest Rate Pass-Through in Central and Eastern Europe: Reborn from Ashes Merely to Pass Away? [PDF]
, 2006 In this study, we seek to better understand the interest rate pass-through in five Central and Eastern European countries -- the Czech Republic, Hungary, Poland, Slovakia and Slovenia, the CEE-5.
Crespo-Cuaresma, Jesus +2 more
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The “euro effect” and Outward Foreign Direct Investment
Revista de Economía Mundial, 2017 The "euro effect" is an important phenomenon in the debate on monetary in-tegration results in Europe. While in the existing literature the impact of the euro adoption is usually studied on trade data, the main goal of the paper is to examine whether ...
Grzegorz Tchorek, Micha Brzozowski
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From Transition to Monetary Integration: Revenues from Seignorage in Poland [PDF]
The analysis presented in the paper focuses on seigniorage revenues in the period of transition to market economy and fiscal consequences of European monetary integration.
Jacek Cukrowski
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Financial Deregulation and Economic Growth in the Czech Republic, Hungary and Poland [PDF]
, 2005 Advocates of financial regulation, Arestis and Demetriades, argue that financial liberalisation does not impact on financial market efficiency and the allocation of investment. Results in this study find that Czech, Hungarian and Polish firms are subject
McGrath, Patricia
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Emerging institutional order? National Investment Funds in Poland [PDF]
, 2008 This paper analyses the mass privatisation programme (MPP) implemented in Poland in the mid-1990s from the perspective of transition reforms and the development of corporate governance systems.
Aluchna, M.
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Implications of ERM2 for Poland’s Monetary Policy [PDF]
, 2005 This study proposes an extension to the inflation targeting framework for Poland that takes into consideration the exchange rate stability constraints imposed by the obligatory participation in the ERM2 on the path to the euro.
Orlowski, Lucjan T., Rybinski, Kryzstof
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Macroeconomic determinants of Polish banks’ loan losses – results of a panel data study [PDF]
The paper investigates the links between business cycle variables and loan losses of Polish commercial banks. A panel approach was chosen in order to make maximum use of available supervisory data, and to capture the impact of bank profile on loan losses.
Adam Głogowski
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CULTURAL, POLITICAL AND ECONOMIC ASPECTS OF THE INTERNATIONAL EXPANSION OF BANKS FROM CENTRAL AND EASTERN EUROPE – CASES: POLISH PKO BP AND HUNGARIAN OTP BANK [PDF]
, 2014 Polish PKO BP and Hungarian OTP Bank are the largest, dominant national bankinginstitutions of a similar nature – universal banks with a strong emphasis on retail operations.However, they differ significantly because of international activities.
Kurkliński, Lech
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The End of Moderate Inflation in Three Transition Economies? [PDF]
, 2002 This paper examines the moderation of inflation in three transition economies, the Czech Republic, Hungary and Poland at the end of the 1990s. We argue that the institutions for the conduct of monetary policy in these countries were relatively weak and ...
Brada, Josef C., Kutan, Ali M.
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IS DEFLATION TRAP A SERIOUS THREAT? CASE STUDY OF FED, ECB AND NBP
Ekonomia i Prawo, 2015 The goal of the paper is to compare nonstandard solutions implemented by Federal Reserve System, European Central Bank and National Bank of Poland in response to the outbreak of a subrime crisis in United States and to debt crisis in European Union.
Maciej Ryczkowski
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