Lodz Economics Working Papers: Ostatnio dodane

Wyświetlanie pozycji 21-40 z 47

    • The Heterogeneity of Convergence in Transition Countries 

      Pipień, Mateusz; Roszkowska, Sylwia ORCID (Faculty of Economics and Sociology, 2017-04)
      For two groups of post-communist countries (CEE and CIS) we estimated the parameters of convergence equations on the basis of annual data. We depart from standard econometric theory, which involves panel regression ...

    • Economic integration and export complexity: the case of Slovakia 

      Gabrielczak, Piotr ORCID; Serwach, Tomasz ORCID (Faculty of Economics and Sociology, 2017-02)
      The goal of the article is to evaluate the impact of the European Union (EU) accession on the complexity of goods in Slovak exports. The traditional theories or trade (Ricardian and Heckscher-Ohlin models) show that such ...

    • Patterns of regional inflation persistence in a CEE country. The case of Poland 

      Gajewski, Paweł (Faculty of Economics and Sociology, 2017-02)
      This paper investigates patterns of regional inflation persistence in Poland, a representative CEE country. We first argue that the CEE perspective is relevant in the context of this study due to the recent transitions, ...

    • Does the euro increase the complexity of exported goods? The case of Estonia 

      Gabrielczak, Piotr ORCID; Serwach, Tomasz ORCID (Faculty of Economics and Sociologyof the University of Lodz, 2017)
      The goal of this article is to assess the impact of the euro adoption on the complexity of goods in Estonian exports. Ricardian and Heckscher-Ohlin models of trade would predict that such a policy decision (seen as an ...

    • The impact of the euro adoption on the complexity of goods in Slovenian exports 

      Gabrielczak, Piotr ORCID; Serwach, Tomasz ORCID (Faculty of Economics and Sociology of the University of Lodz, 2017-01)
      The aim of this paper is to verify the impact of the euro adoption on the complexity of goods in Slovenian exports. To the best knowledge of the authors, it is the first study on the consequences the elimination of a ...

    • Fiscal sustainability of the Visegrad Group countries in the aftermath of global economic crisis 

      Włodarczyk, Przemysław (Faculty of Economics and Sociology of the University of Lodz, 2017-01)
      The article investigates the sustainability of fiscal policies of the Visegrad Group countries (Poland, Czech Republic, Hungary and Slovakia) in the years 1996- 2015 using statistical and econometric analysis methods. ...

    • What drives export performance of firms in Eastern and Western Poland? 

      Gajewski, Paweł; Tchorek, Grzegorz (Faculty of Economics and Sociology of the University of Lodz, 2017-01)
      We use a unique firm-level survey dataset that draws from the EFIGE (European Firms In Global Economy) questionnaire, to unveil differences in factors driving export performance in structurally most diverse areas of Poland. ...

    • Institutions Without Culture. A Critique of Acemoglu and Robinson's Theory of Economic Development 

      Dzionek-Kozłowska, Joanna; Matera, Rafał ORCID (Faculty of Economics and Sociology of the University of Lodz, 2016-08)
      Acemoglu and Robinson’s theory presented in their famous Why Nations Fail, and other papers, should be placed among the institutional theories of economic development. Yet the problem is they strongly differentiate their ...

    • The foreign currency mortgage loans in the Polish banking sector and its possible macroeconomic and political consequences 

      Czerkas, Krzysztof (Faculty of Economics and Sociology of the University of Lodz, 2016-08)
      According to the Polish Banking Supervision (KNF) statistics , banking mortgage loans total 22.4% of the overall assets of the Polish banking credit portfolio as of January 2015 data. Around 15% of those loans might have ...

    • Firm-level productivity and international expansion of firms from the Lodz Voivodeship 

      Gabrielczak, Piotr ORCID; Serwach, Tomasz ORCID (Faculty of Economics and Sociology of the University of Lodz, 2016)
      The paper investigates the link between firm-level productivity and internationalization (through exports, imports and FDI) in the Lodz Voivodeship, Poland. Two hypotheses have been tested –self-selection and learning ...

    • Spatial econometric approach to western diseases modelling 

      Olejnik, Alicja; Żółtaszek, Agata (Faculty of Economics and Sociology of the University of Lodz, 2016-07)
      For years now, developed countries face an epidemic of high blood pressure, diabetes and high cholesterol, risk factors related to heart and circulatory disease, and a suite of psychological disorders ranging from depression, ...

    • Tale of two cities. A comparative study of relationship between education and economic prosperity 

      Rehman, Sharaf N.; Dzionek-Kozłowska, Joanna (Faculty of Economics and Sociology of the University of Lodz, 2016-07)
      Over the last century, the social function and the role of the universities and other higher education institutions (HEI) changed significantly. What the contemporary students expect to gain due to their university education ...

    • Sources of regional inflation in Poland 

      Gajewski, Pawel (Faculty of Economics and Sociology of the University of Lodz, 2016-07)
      This paper aims at shedding some light on the sources of regional inflation in Poland. More specifically, it investigates the role of external, national and idiosyncratic shocks. In a two-step procedure, we estimate ...

    • Economic Development and the Spread of Diseases of Affluence in EU Regions 

      Żółtaszek, Agata; Olejnik, Alicja (Faculty of Economics and Sociology of the University of Lodz, 2016-07)
      Diseases of affluence (diseases of the XXI c., Western diseases) by definition should have higher prevalence and/or mortality rates in richer and more developed countries than in poorer, underdeveloped states. Therefore, ...

    • Heterogeneity of households and the effects of fiscal policy in CEE countries 

      Krajewski, Piotr ORCID (Faculty of Economics and Sociology of the University of Lodz, 2016)
      We analyse the effects of fiscal policy in non-EMU Central and Eastern European counties. The analysis is based on new Keynesian model, which takes into account both optimizing Ricardian households and non-Ricardian ...

    • Robust Monetary Policy In A Linear Model Of The Polish Economy: Is The Uncertainty In The Model Responsible For The Interest Rate Smoothing Effect? 

      Górajski, Mariusz ORCID (Faculty of Economics and Sociology of the University of Lodz, 2016-01)
      Estimates of the generalised Taylor rule suggest that monetary policy in Poland can be characterized as having reacted in a moderate fashion to output and in ation gaps and are strongly dependent on the lagged interest ...

    • Changes in nominal rigidities in Poland – a regime switching DSGE perspective 

      Baranowski, Paweł; Kuchta, Zbigniew ORCID (Faculty of Economics and Sociology of the University of Lodz, 2015-12)
      We estimate a dynamic stochastic general equilibrium model that allows for regimes Markov switching (MS-DSGE). Existing MS-DSGE papers for the United States focus on changes in monetary policy or shocks volatility, ...

    • Alfred Marshall’s Puzzles. Between Economics as a Positive Science and Economic Chivalry 

      Dzionek-Kozłowska, Joanna (Faculty of Economics and Sociology of the University of Lodz, 2015-09)
      Alfred Marshall’s approach to economics hides a paradox. On one hand, the ‘father’ of neoclassical economics strongly favoured conducting economics as a positive science. However, the fact that Marshall was such a consistent ...

    • Minimum wage and youth unemployment in local labor markets in Poland 

      Broniatowska, Paulina; Majchrowska, Aleksandra; Żółkiewski, Zbigniew (Faculty of Economics and Sociology of the University of Lodz, 2015-06)
      The aim of the paper is to analyze the impact of minimum wage on youth unemployment (less than 25 years old) in local (NUTS4) labor markets in Poland. The results show that minimum wage in Poland significantly affects youth ...

    • Gender wage gap by occupational groups in Poland 

      Majchrowska, Aleksandra; Strawiński, Paweł; Konopczak, Karolina ORCID; Skierska, Agnieszka (Faculty of Economics and Sociology of the University of Lodz, 2015-03)
      The purpose of this paper is to analyse the gender wage gap in Poland in different occupational groups. The authors aim to investigate how much of the raw differences in wages can be explained by differences in personal ...