http://hdl.handle.net/11089/5871 2026-04-05T07:50:33Z 2026-04-05T07:50:33Z Alberciak, Paweł Kacprzyk, Andrzej http://hdl.handle.net/11089/16742 2021-06-29T10:03:04Z 2007-01-01T00:00:00Z

Teoretyczne aspekty popytu na pieniądz Alberciak, Paweł; Kacprzyk, Andrzej The main problem this article attempts to solve is the question if there is a theoretical connection in the analysis of money demand between the attitude represented by the quantity theory of money and Keynes’s attitude. In this question context the attempt to make a function of liquidity preference out of the equation of Cambridge school has been set. Stating that Keynes and his successors modified the concepts of quantity theory of money deleting a presumption of stability of national income does not diminish the importance of their contribution into the studies of money demand.

2007-01-01T00:00:00Z Andrzejewska, Ewa Burdziak, Adrian Kuchta, Zbigniew http://hdl.handle.net/11089/16719 2021-07-12T10:57:26Z 2007-01-01T00:00:00Z

Stopień niezależności banku centralnego a inflacja Andrzejewska, Ewa; Burdziak, Adrian; Kuchta, Zbigniew he objective of the article is an analysis of influence of a degree of central bank independence on a rate of inflation. Inflation theories of dynamic inconsistency were developed e.g. by Kydland and Prescott [1977], Barro and Gordon [1983] and Rogoff [1985]. On the basis of mentioned theories higher degree of central bank independence may result in lower rate of inflation. The first part of the article presents theorical basis of analysed relationship and is based on articles by Rogoff [1985], Alesina and Summers [1993], Posen [1993] and Eijjfinger and de Hann [1996]. However, the theory does not conclusively indicate the direction of this influence. Hence, the aroused purpose was to verify whether an institutional forms of monetary policy influences the rate of inflation. The next part includes empirical research. The degree of central bank independence was described by qualitative measures, which as well as transformed rate of inflation were derived from articles by Grilli, Masciandaro, Tabellini [1991] and Cukierman, Webb, Neyapti [1992]. The relation was estimated with the use of a linear regression. Results suggest that the influence of the degree of central bank independence on the rate of inflation is negative. Research done by other authors confirm the hypothesis pointed out in the article, however further analyses are recommended. Remove selected Autorzy chcą serdecznie podziękować prof. S. Krajewskiemu, prof. dr. hab. E. Kwiatkowskiemu, dr. A. Stępniak-Kucharskiej, dr. J. Pruskiemu oraz mgr. J. Kowalskiemu z Instytutu Ekonomii Uniwersytetu Łódzkiego oraz prof. N. Łapińskiej-Sobczak z Instytutu Ekonometrii i Statystyki UŁ za cenne uwagi zgłoszone podczas pracy nad tekstem.

2007-01-01T00:00:00Z Stępniak-Kucharska, Anna http://hdl.handle.net/11089/16638 2018-02-01T11:20:20Z 2007-01-01T00:00:00Z

„Miękkie” ograniczenia budżetowe jako instrument wspierania przedsiębiorstw Stępniak-Kucharska, Anna The economic transition and the later worsening of the economic situation led to the worsening of the financial situation of Polish firms. Since 1990, the state has taken the decision to use “soft” budgeting (cancel debts) of enterprises twice. The first time took place in the early ‘90s. It comprised resignation from collecting certain taxes, agreements with SSO and bank, judicial and civil conciliation agreements. Writing off debts was applied for the second time in 2002. This time only debts toward the state (taxes, duties and contributions) were cancelled. The aim of both this tools were to help the firms to riddance their “bad” (excessive, impossible to the repayment) debts. On purpose elaborations is the introduction of forms of the “soft” budgeting used by Polish firms after the year 1990. In the elaboration legal conditionings and the course of action of tools debts canceling of the beginning of 90-s and from the year 2002 will be presented. Besides, the test of the legal estimation of the efficiency of these tools will be shown.

2007-01-01T00:00:00Z Paszyn, Kamila http://hdl.handle.net/11089/16637 2018-02-01T11:20:20Z 2007-01-01T00:00:00Z

Podejście nowej ekonomii keynesowskiej do polityki reguł (w świetle analizy reguły J. B. Taylora) Paszyn, Kamila The paper examines Taylor rule as an example of active rules. This sort of rules reacts in response to changes in economy (f.e. in rate of unemployment or price level). The first part of paper presents evaluation of concepts about monetary policy and about the famous debate between keynesizm and inonetarizm: disrections versus rules. This question is still considered and developed by New Keynesian. New Keynesizm doesn’t advocate for pure discretions any more. But there is some scepticizm about rules that can be applied successfully in a practical policymaking enviroument. The Taylor rule gives possibility to unify in one some simply algebraical rule two very important properties required from good policy: flexibility and credibility. At the same time elasticity in applying rule in practice can result in difficulties in distinguishing between policy “responsive” rule and “constrained discretion”. In the last section of paper Taylor rule is analysed according to concepts o f New Keynesizm. Especially issues like neutrality of money and the role of rational expectations in effectiveness of policy are considered. A new consensus model is a prof how Taylor rule is important in modem economic theory.

2007-01-01T00:00:00Z