This paper presents quarterly multi-equation econometric model of the Polish financial sector linked to the real sphere of the economy. The main purpose of constructing such model is the significance and analysis of ...

The paper contains a brief presentation of neoclassic theories of firm’s behavior. We present theories of W. S. Jevons, L. Walras, A. Marshall and C. Menger. The discussion is given from the perspective of forecasting ...

In this paper we present Divisia money aggregates and their use in forecasting money market in Poland. Divisia money aggregates differ from classical measures in that they take into account a liquidity of particular ...

Niniejsze opracowanie jest próbą usystematyzowanego przeglądu podejścia do testowania konwergencji gospodarczej za pomocą klasycznych metod z nurtu tradycyjnej ekonometrii. Opisano w nim dwie najpopularniejsze metody ...

The paper presents a reconstruction of theories of firm behavior on the grounds of J. B. Say, H. Gossen, J. H. von Thünen, A. Cournot celebrated works. It helps to recognize elements of formal econometric models that ...

This paper presents the results of research on the influence of the structure of demand for government bonds on economic growth. Empirical studies were carried out for the Polish financial market from 1997 to 2003. The ...

We study an influence of statistical data aggregation rate on value and level of poverty factors. Numerical experiments were conducted to analyze Gini ratio values prior and posterior to data aggregation. An experiment ...

The aim of this paper is to point out the problems concerning portfolio optimization under uncertainty and/or including boolean-type constraints. Usefulness of stochastic optimization methods and/or evolutionary algorithms ...

Among methods of measuring income inequalities there is one based on poverty line z. In the article, various poverty measures for population are discussed. A continuous case is taken into consideration, where income ...

Financial institutions are exposed to different risks which should be systematically controlled to avoid a negative influence on their financial standing. One of risk measures is value-at-risk. VaR allows for identification ...