Similar Search Results

Rationality of expectations: comparison of neoclassical and evolutionary approaches

Tomczyk, Emilia - Zakład Ekonometrii Stosowanej, Szkoła Główna … - 2006

; importance of expectations; and perspectives for analyzing them within the framework of evolutionary game theory – namely …

Persistent link: https://www.econbiz.de/10005113461

Real economic activity and state of financial markets

Grabowski, Szymon - Zakład Ekonometrii Stosowanej, Szkoła Główna … - 2007

This study examines the relation between real economic activity and condition of financial markets in Poland in the framework of Consumption Based Capital Asset Pricing Model (CCAPM). The article analyses the relation between yield spreads calculated for Polish debt securities and real economic...

Persistent link: https://www.econbiz.de/10005113467

Influence of non-response in business tendency surveys on the properties of expectations

Tomczyk, Emilia; Kowalczyk, Barbara - Zakład Ekonometrii Stosowanej, Szkoła Główna … - 2009

Expectations concerning key economic variables certainly influence decisions undertaken by economic agents. Since … assumption of rationality forms the basis of neoclassical economic theory, question of whether expectations of industrial … enterprises are indeed formed rationally deserves careful attention. Direct data on expectations are available mainly through …

Persistent link: https://www.econbiz.de/10008497143

Balance sheet effect in the Polish economy

Grabowski, Szymon - Zakład Ekonometrii Stosowanej, Szkoła Główna … - 2011

Paper refers to the relations between real economic activity and the state of nancial sys- tem. It presents how the balance sheet eect works and how it in uences the real economic activity and the eectiveness of the monetary policy. The empirical part of the paper presents the theoretical model,...

Persistent link: https://www.econbiz.de/10009189442

Application of measures of entropy, information content and dissimilarity of structures to business tendency survey data

Tomczyk, Emilia - Zakład Ekonometrii Stosowanej, Szkoła Główna … - 2010

, expectations), and a posteriori information (that is, realizations). A priori structure is defined by fractions of respondents … expressing expectations, and a posteriori structure – by fractions of respondents declaring observed changes in economic …

Persistent link: https://www.econbiz.de/10008691158

End of sample vs. real time data: perspectives for analysis of expectations

Tomczyk, Emilia - Zakład Ekonometrii Stosowanej, Szkoła Główna … - 2013

propose to test whether including information on data revisions helps to model properties of expectations, improve … on tests of expectations …

Persistent link: https://www.econbiz.de/10010700706

Information content of survey data: applications of entropy and dissimilarity measures

Tomczyk, Emilia - Zakład Ekonometrii Stosowanej, Szkoła Główna … - 2012

. Similarities between a priori information (expectations) and a posteriori information (realizations) are assessed for four …. Public and private enterprises are not differentiated by interpretation of expectations horizon and therefore can be studied …

Persistent link: https://www.econbiz.de/10010700709