Przeglądaj Kolegium Analiz Ekonomicznych / Collegium of Economic Analysis według autora "Kotłowski, Jacek"
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Reaction functions of the Polish central bankers. A logit approach
Kotłowski, Jacek (2005-05-22)Paper presents the analysis of individual reactions functions of Polish Monetary Policy Council (MPC) members in the years 2004–2005. In the period under study the Polish central bank (National Bank of Poland) used the ... -
The non-linear nature of country risk and its implications for DSGE models
Brzoza-Brzezina, Michał; Kotłowski, Jacek (2018-05)Country risk premia can substantially affect macroeconomic dynamics. We concentrate on one of their most important determinants - a country’s net foreign asset position and - in contrast to the existing research - investigate ... -
International information flows, sentiments and cross-country business cycle fluctuations
Brzoza-Brzezina, Michał; Kotłowski, Jacek; Wesołowski, Grzegorz (2020-03)Business cycles are strongly correlated between countries. One possible explanation (beyond traditional economic linkages like trade or finance) is that consumer or business sentiments spread over boarders and a ect cyclical ... -
International confidence spillovers and business cycles in small open economies
Brzoza-Brzezina, Michał; Kotłowski, Jacek (2020-05)The economic literature has for a long time been looking for explanations of a very strong international correlation of business cycles. This paper shows empirically that common fluctuations can to some degree be the effect ...