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Wyświetlanie pozycji 21-30 z 64
A solution to the global identification problem in DSGE models
(2023-01)
We develop an analytical framework to study global identification in structural models with forward-looking expectations. Our identification condition combines the similarity transformation linking the observationally ...
Central bank credibility, long-term yields and the effects of monetary integration
(2021-01)
Forming a monetary union implies equalization of short-term interest rates across the member states as monetary policy is delegated to a common central bank, but also leads to integration of risk-free bond markets. In this ...
Unravelling the Markups Changes: The Role of Demand Elasticity and Concentration
(2020-11)
We propose a framework allowing to identify sources changes in aggregate
markups. Our approach derives from the conjectural variation theory and allows to evaluate the role of price elasticity of demand as well as ...
Zmierzyć i zrozumieć. O mierzeniu jakości kształcenia w szkołach wyższych
(Wydawnictwa Uniwersytetu Warszawskiego, 2020-09)
Celem rozważań jest przedstawienie możliwości analiz jakości kształcenia w szkołach wyższych na podstawie danych dotyczących absolwentów, a w szczególności informacji o czasie poszukiwania pierwszej pracy, wynagrodzeniach ...
Macroeconomic Effects of Quantitative Easing Using Mid-sized Bayesian Vector Autoregressions
(2021-10)
The paper estimates macroeconomic effects and decomposes transmission channels of quantitative easing in the United States using 15-variable Bayesian vector autoregressive model with stochastic search variable selection ...
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 ...
On planning production and distribution with disrupted supply chains
(2022-10-31)
This paper presents a model for short-term time-horizon production and distribution planning of a manufacturing company located in the middle of a supply chain. The model focuses on an unbalanced market with broken supply ...
Efficiency in rewarding academic journal publications. The case of Poland
(2021-02)
We consider the efficiency of a mechanism for incentivising publication in academic journals where a research supervisory body awards points for papers that appear in quality publications. Building on the principal-agent ...
How do firms respond to demand and supply shocks?
(2022-04-12)
The study aims to identify the granular demand and productivity shocks, their properties, and the responses of the important firm-level variables to these shocks. We use comprehensive data from the Polish enterprise sector ...
Supply chains shocks and inflation in Europe
(2023-09)
This article quantifies the effects of supply chains disruptions on inflation in European economies. We apply the local projections method in a panel framework and estimate responses of nine measures of consumer and producer ...