The article is devoted to measuring the effectiveness of institutional systems of European Union countries in terms of their relevance to the requirements of the global knowledge-based economy. The theoretical analysis is based on the framework of new institutional economics with special...

Polish Abstract: Celem podjętych badań była klasyfikacja gospodarstw domowych uprawnionych ze względu na niskie dochody do korzystania z pomocy społecznej oraz próba identyfikacji czynników warunkujących skłonność gospodarstw do korzystania z tej pomocy. Przyjęto założenie, że...

We analyze the implied volatility surface structure of ODAX options as traded on DTB (currently Eurex). We apply PCA to cross sections of the implied volatility surface taken along the same moneyness (m) or the same time to maturity (T). For data from the period October 3rd 1997 – November...

The objective of the paper is to present the impact of globalization conditions on trade flows between states. These determinants were considered as alternative factors for the physical distance between countries in the gravity model performed by Tinbergen (1962). In the traditional gravity...

Polish Abstract: Praca zawiera przegląd istniejącej literatury na temat podatku od transakcji finansowych oraz badanie empiryczne dot. wpływu wzrostu minimalnej dokładności określania ceny na zmienność cen na GPW w Warszawie. Rozpoczynam od prezentacji motywacji do wprowadzenia podatku...

The objective of the paper is to present the impact of globalization conditions on trade flows between states. These determinants were considered as alternative factors for the physical distance between countries in the gravity model performed by Tinbergen (1962). In the traditional gravity...

The article analyzes the impact of potential determinants on the level of trade volume between the member states of the European Union. As a result of the use of gravity model for panel data the identification of a significant impact of the size of the economies of the member states, their level...

The econometric literature offers various modeling approaches for analyzing micro data in combination with time series of aggregate data. This paper discusses the estimation of a VAR model that allows unobserved heterogeneity across observation unit, as well as unobserved time-specific...

Artykul poswiecony zostal mozliwosciom oceny efektywnosci uslug bankowych na podstawie analizy ich marz odsetkowych, a jego celem bylo ukazanie nosnosci informacyjnej tych miar. W pierwszej czesci artykulu omowione zostaly kwestie teoretyczne zwiazane z wyznaczaniem roznych rodzajow marz...

Increasing globalization contributes to the growth of the interdependencies between capital markets. This phenomenon is becoming a significant exogenous factors influencing the effectiveness of national economic policies and it impacts on the risk management processes at the microeconomic level....