Cyfrowe Otwarte Repozytorium SGH: Odstanio dodane
Wyświetlanie pozycji 281-300 z 1047
-
Fiscal Deficit Forecasts by International Institutions: Evidence for a Double Standard?
(2019-05)Fiscal forecasts produced by international financial institutions came under strong criticism after the Eurozone sovereign debt crisis due to overly optimistic estimates for heavily indebted countries like Spain, Italy, ... -
Are Central Banks' Research Teams Fragile Because of Groupthink?
(2019-12)In the recent years, the great majority of central banks have globally failed to realize inflation targets. We attempt to answer a question of whether such failure resulted from insufficient organization of economic research ... -
International information flows, sentiments and cross-country business cycle fluctuations
(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 ... -
Measuring the uncertainty of shadow economy estimates using Bayesian and frequentist model averaging
(2020-03)Economic literature provides little discussion on the uncertainty around the macroeconometric shadow economy estimates. We fill this gap by deriving the measurement error of the shadow economy estimates stemming from the ... -
Is Poland at risk of the zero lower bound?
(2016-07)In early 2015, the policy (open market operations) rate of Narodowy Bank Polski was reduced to an all-time low of 1.5%. At the same time, prices of consumer goods and services dropped by 1.5% in year-on-year terms. This ... -
Why may large economies suffer more at the zero lower bound?
(2016-06)This paper compares the consequences of hitting the zero lower bound in small open and large closed economies. I costruct a two-economy New Kenynesian model and calibrate it so that one economy is small and open and the ... -
Estimating the membership function of the fuzzy willingness-to-pay/accept for health via Bayesian modelling
(2016-05)Determining how to trade off individual criteria is often not obvious, especially when attributes of very different nature are juxtaposed, e.g. health and money. The difficulty stems both from the lack of adequate market ... -
Efficiency in spatially disaggregated labour market matching
(2016-05)We analyse the efficiency in a labour market matching process. We contribute to the literature by comparing different spatial aggregation levels - NUTS-1 to NUTS-4 and analysing monthly and annual perspectives. We use data ... -
Consumption modelling using categorisation-enhanced mental accounting
(2023-07)Credibly representing category-of-goods mental accounting in an intertemporal optimisation framework is notoriously difficult, as this modelling approach imposes interrelations between the demand for different categories ... -
Categorisation-enhanced mental-accounting consumer behaviour: demand enhancement and endogenous cycles in an overlapping-generations income-age distribution model
(2023-06)Weaknesses of intertemporal optimisation approaches to consumption modelling include excess sensitivity of an individual's expenditure to interest rate changes and the inability to account for the documented behavioural ... -
Quantitative Easing During the COVID-19 Pandemic: A Cross-Country Study
(2023-06)This paper estimates the financial market and macroeconomic effects of central bank asset purchases (quantitative easing, QE) in 16 economies which have launched asset purchases for the first time in response to the COVID-19 ... -
Strategie, koalicje i szczęśliwe zakończenia: teoria gier w baśniach
(2023-06)Celem opracowania jest wskazanie przykładów zastosowań matematycznej teorii gier do opisu baśni i utworów bezpośrednio nimi inspirowanych. Przedstawione są podstawowe definicje teorii gier (strategia, strategia dominująca, ... -
Spatial labour market matching
(2016-05)We analyse to what extent spatial interactions affect the labour market matching process. We apply spatial econometrics methods (including spatial panel Durbin model), which are rarely used in labour market matching analysis. ... -
The impact of firms' expectations & adjustments on the productivity cost of illness
(2016-05)Sickness-related absenteeism hinders firms' productivity and reduces output, an effect referred to as indirect cost (IC) and often included when assessing the burden of an illness or cost-effectiveness of a treatment. The ... -
(Belief in) life after death impacts the utility of life before it - a difference in preferences or an artefact?
(2016-04)In most of the religions the preservation of own, God-given, life is obligatory. The time-trade-off method (TTO) forces to voluntarily forego life years. We verify if this is a problem for the religious and how it impacts ... -
On the limits of macroprudential policy
(2016-02)This paper studies how macroprudential policy tools can complement the interest rate-based monetary policy in achieving a selection of dual stabilization objectives. We show analytically in a canonical New Keynesian model ... -
Crisis, contagion and international policy spillovers under foreign ownership of banks
(2016-03)This paper checks how international spillovers of shocks and policies are modified when banks are foreign owned. To this end we build a two-country macroeconomic model with banking sectors that are owned by residents of ... -
Regional economic impact assessment with missing input-output data: a spatial econometrics approach for Poland
(2016-03)We propose a novel method of constructing multisector-multiregion input-output tables, based on the standard multisector tables and the tools of spatial econometrics. Voivodship-level (NUTS-2) and subregion-level data ... -
Randomness or stock-flow: Which mechanism describes labour market matching in Poland?
(2016-04)I compare random, stock-flow and job queuing models to determine which mechanism prevails in the Polish labour market. I use monthly registered unemployment data for the period 1999 - 2013 and econometrically correct for ... -
Choosing from multiple alternatives in cost-effectiveness analysis with fuzzy willingness-to-pay/accept and uncertainty
(2016-04)Cost-effectiveness analysis of medical technologies requires valuing health, an uneasy task, as confirmed by variability of published estimates. Treating the willingness-to-pay/accept (WTP/WTA) as fuzzy seems an intuitive ...
