The present thesis is a microstructure study of the Warsaw Stock Exchange (WSE). In the first part, I find evidence in favor of the so-calles mixture of distributions hypothesis according to which the time-variant daily order flow translates into volatility persistence in stock returns. In part...

stock markets linkages and analysis of the arbitrage between spot and futures markets. The first part is devoted to examination of long and short term dependencies between markets. As an example of long term relationship between stock markets, the influence of US market on the most important...

PART I: INTRODUCTIONChapter 1: introduction and method1.1 General introduction 1.2 Purpose, aim and scope1.3 Outline and methodPART II: SEA-LEVEL RISE AND DECISION-MAKING IN THE COASTAL ZONEChapter 2: the garbage can – a theoretical approach to decision-making2.1 Decision-making processes in...

The thesis consists of four separate papers that can be read individually.In the first paper “Efficiency of the Polish Banking Industry: Foreignversus Domestic Banks” we analyze the efficiency of foreign and domesticbanks. The second paper entitled “Foreign Acquisitions and Industry...

Diese Arbeit besteht aus theoretischen und empirischen Beiträgen zur Such- und Matchingliteratur, mit Schwerpunkt auf dem deutschen Arbeitsmarkt. Das erste Kapitel beschreibt das Such- und Matchingmodell des Arbeitsmarktes sowie sein empirisches Gegenstück, den Flussansatz. Das zweite Kapitel...

Diese Dissertation besteht aus vier eigenständigen Aufsätzen. Das erste Kapitel liefert eine Einleitung uns einen Literaturüberblick. Im zweiten Kapitel schätzen wir die Effekte eines geldpolitischen Schocks in einer Bayesianischen faktorerweiterten Vektorautoregression. Als ein...

The purpose of this thesis is twofold: First, it aims at detecting empirical regularities of the business cycle in Denmark, Germany and the U.S. Second, it tries to give a theoretical explanation for these stylized facts. The thesis is fully in line with the modern analysis of business cycles in...