Stążka-Gawrysiak, Agnieszka - Narodowy Bank Polski - 2011
) prone to macroeconomic booms and busts and, secondly, to empirically assess the risk of a boom-bust cycle in Poland after … then use the estimated equations to assess the probability of booms and busts in Poland over the period 2004 to 2009. Our … the reverse holds for busts. In turn, our results for Poland are inconclusive, which probably means that the models …
