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Author : Narodowy Bank Polski
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (649 download)
Download or read book National Bank of Poland Working Paper written by Narodowy Bank Polski and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Jacek Osiński
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (864 download)
Download or read book National bank of Poland and open market operations written by Jacek Osiński and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Tomasz Lyziak
Publisher :
ISBN 13 :
Total Pages : 21 pages
Book Rating : 4.:/5 (13 download)
Download or read book A Note on Central Bank Transparency and Credibility in Poland written by Tomasz Lyziak and published by . This book was released on 2016 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: This note extends the study by Lyziak et al. (2007), providing up-to-date assessment of central bank transparency in Poland. We highlight the role of inflation projections prepared by the staff of the National Bank of Poland in building transparency of monetary policy. The results suggest that central bank inflation projections, published since 2004, have led to improvements in the predictability of interest rate decisions.The note updates also previous estimates of the degree of central bank credibility in Poland, using survey-based measures of inflation expectations formed by consumers, enterprises and financial sector analysts. It is confirmed that inflation expectations of enterprises and - especially - of financial sector analysts display a high degree of anchoring at the NBP inflation target, while consumer inflation expectations are driven mainly by developments in subjectively perceived inflation.
Author : Katarzyna B. Budnik
Publisher :
ISBN 13 :
Total Pages : 83 pages
Book Rating : 4.:/5 (75 download)
Download or read book The New Macroeconometric Model of the Polish Economy written by Katarzyna B. Budnik and published by . This book was released on 2009 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Michal Andrle
Publisher : International Monetary Fund
ISBN 13 : 1498381812
Total Pages : 50 pages
Book Rating : 4.4/5 (983 download)
Download or read book A Model-Based Analysis of Spillovers written by Michal Andrle and published by International Monetary Fund. This book was released on 2014-10-17 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies economic and financial spillovers from the euro area to Poland in a two-country semi-structural model. The model incorporates various channels of macrofinancial linkages and cross-border spillovers. We parameterize the model through an extensive calibration process, and provide a wide range of model properties and evaluation exercises. Simulation results suggest a prominent role of foreign demand shocks (euro area and global) in driving Poland’s output, inflation and interest rate dynamics, particularly in recent years. Our model also has the capability for medium-term conditional forecasting and policy analysis.
Author : Tomasz Chmielewski
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (115 download)
Download or read book Monetary Policy Transmission Mechanism in Poland written by Tomasz Chmielewski and published by . This book was released on 2020 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Narodowy Bank Polski (Warszawa)
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (774 download)
Download or read book Working Paper written by Narodowy Bank Polski (Warszawa) and published by . This book was released on 1988 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Tomasz Łyziak
Publisher :
ISBN 13 :
Total Pages : 19 pages
Book Rating : 4.:/5 (864 download)
Download or read book A Note on Central Bank Transparency and Credibility in Poland written by Tomasz Łyziak and published by . This book was released on 2013 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Anna Sznajderska
Publisher :
ISBN 13 :
Total Pages : 34 pages
Book Rating : 4.:/5 (13 download)
Download or read book On Asymmetric Effects in a Monetary Policy Rule written by Anna Sznajderska and published by . This book was released on 2016 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Asymmetric effects in a monetary policy rule could appear due to asymmetric preferences of the central bank or/and due to nonlinearities in the economic system. It might be suspected that monetary authorities are more aggressive to the inflation rate when it is above its target level than when it is below. It also seems probable that monetary authorities have different preferences and react more strongly when the level of economic activity is low than when it is high. In this paper we investigate whether the reaction function of the National Bank of Poland (NBP) is asymmetric according to the level of inflation gap and the level of output gap. Moreover, we test whether these asymmetries might possibly stem from the nonlinearities in the Phillips curve. Threshold models are applied and two cases of unknown and known threshold value are investigated.
Author :
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (141 download)
Download or read book Money in Monetary Policy written by and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Dániel Baksa
Publisher :
ISBN 13 :
Total Pages : 27 pages
Book Rating : 4.:/5 (11 download)
Download or read book Interest Premium and Economic Growth written by Dániel Baksa and published by . This book was released on 2017 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mariusz Kapuściński
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (891 download)
Download or read book Monetary Policy Transmission Mechanism in Poland written by Mariusz Kapuściński and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Working Paper written by and published by . This book was released on 1979 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Mr.Dominic Quint
Publisher : International Monetary Fund
ISBN 13 : 1484333691
Total Pages : 61 pages
Book Rating : 4.4/5 (843 download)
Download or read book Monetary and Macroprudential Policy in an Estimated DSGE Model of the Euro Area written by Mr.Dominic Quint and published by International Monetary Fund. This book was released on 2013-10-14 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we study the optimal mix of monetary and macroprudential policies in an estimated two-country model of the euro area. The model includes real, nominal and financial frictions, and hence both monetary and macroprudential policy can play a role. We find that the introduction of a macroprudential rule would help in reducing macroeconomic volatility, improve welfare, and partially substitute for the lack of national monetary policies. Macroprudential policy would always increase the welfare of savers, but their effects on borrowers depend on the shock that hits the economy. In particular, macroprudential policy may entail welfare costs for borrowers under technology shocks, by increasing the countercyclical behavior of lending spreads.
Author : Henryk Kierzkowski
Publisher : Routledge
ISBN 13 : 1135091757
Total Pages : 336 pages
Book Rating : 4.1/5 (35 download)
Download or read book Stabilization and Structural Adjustment in Poland written by Henryk Kierzkowski and published by Routledge. This book was released on 2013-04-15 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Solidarity-led government which came into power in Poland in Autumn 1989 faced two enormous tasks. First, to stabilize an economy prone to hyperflation. Second, to replace a crumbling command system in favour of a market mechanism, in a country whose market institutions had been destroyed under forty years of communist rule. This book recounts the events of this period and the course taken by the new government, and analyzes the significance of this for the transition process in Poland and elsewhere.
Author : Michal Andrle
Publisher : International Monetary Fund
ISBN 13 : 1484301471
Total Pages : 22 pages
Book Rating : 4.4/5 (843 download)
Download or read book The Role of Domestic and External Shocks in Poland written by Michal Andrle and published by International Monetary Fund. This book was released on 2013-10-29 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses interlinkages between Poland and the euro zone using a simple and agnostic econometric approach. Specifically, we estimate a trend-cycle VAR model using data for real and nominal variables, imposing powerful but uncontroversial assumptions that allow us to identify how external factors affect the evolution of business cycles in Poland in the period 1999-2012. Our results suggest that developments in the euro zone can explain about 50 percent of poland’s output and interest rate business cycle variance and about 25 percent of the variance of inflation.
Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264026223
Total Pages : 158 pages
Book Rating : 4.2/5 (64 download)
Download or read book OECD Economic Surveys: Poland 2006 written by OECD and published by OECD Publishing. This book was released on 2006-06-29 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edition of OECD's periodic review of Poland's economy finds that growth has strengthened again in Poland, but that higher rates of investment, further structural change, and improved labour and education policies are required to sustain this ...
