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Wyświetlanie pozycji 31-40 z 64
Iterative Monotone Comparative Statics
(2022-02)
For an increasing upper order hemi-continuous correspondence F selfmapping sigma-complete lattice A, we first provide tight fixed-point bounds for sufficiently large iterations on F starting from any initial point a in A. ...
Subjective well-being in European Union countries
(2022)
The aim of this study is to estimate and compare subjective well-being in the EU member states. Moreover, the study investigates the objective factors influencing the level of SWB. The study also contains a comparative ...
A Theory of The Procyclical Effectiveness of Forward Guidance
(2022-12)
I study the dependence of the forward guidance effectiveness on the level of economic slack. I use the model with price rigidities and uninsured unemployment risk and apply both analytical and numerical methods to study ...
Joint identification of monopoly and monopsony power
(2020-06)
The article presents a generalization of an identification scheme of a monopolistic markup proposed by De Loecker and Warzynski (2012). We showed the relation between a price markup and factor wedges arising either due to ...
On the sources of economic growth, structural consistency of agent-based models and mental-accounting consumer behaviour
(2022-03-18)
An assessment of the sources of growth in agent- and general equilibrium-based models is presented, along a discussion of the strengths and weaknesses of existing approaches to growth modelling. The empirical and theoretical ...
The Phenomenon of Twin Deficits in Poland in 2009–2018
(2021)
The purpose of this article is to determine the degree, direction and
strength of the impact of the studied variables, i.e. the state budget
balance and the current account balance as part of Poland’s balance
of payments ...
Learning, experimentation and the convergence of the discovered preferences
(2024-03)
In this article I study whether the interim preferences of the consumer can be expected to converge to their real preferences in the process of preference discovery. I construct a subjective expected utility model of the ...
On complementary symmetry and reference dependence
(2020-12)
This paper reevaluates the complementary symmetry hypothesis and the supporting experimental evidence. Originally the hypothesis was stated for binary risky prospects. We generalize the hypothesis to arbitrary state-contingent ...
For whom the bill tolls: redistributive consequences of a monetary-fiscal stimulus
(2024-02)
During the COVID-19 pandemic, governments in the euro area sharply increased spending, while the European Central Bank eased financing conditions. We use this episode to assess how such a concerted monetary-fiscal stimulus ...
Demographics and the natural interest rate in the euro area
(2020-07)
We investigate the impact of demographics on the natural rate of interest (NRI) in the euro area, with a particular focus on the role played by economic openness, migrations and pension system design. To this end, we ...