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Recent years witnessed a flourishing of literature on the implication of shifts from home- production to market production on the macro economy, and in particular, the real business cycle. This literature employs calibration techniques to emulate the fluctuations in market output, labor and...
Persistent link: https://www.econbiz.de/10012761348
Recent years witnessed a flourishing of literature on the implication of shifts from home- production to market production on the macro economy, and in particular, the real business cycle. This literature employs calibration techniques to emulate the fluctuations in market output, labor and...
Persistent link: https://www.econbiz.de/10012466381
The aim of the present paper is to show the most aggregate quantitative results of systemic transformation in Poland to … shed more light on the present comparative position of Poland on world development ladder, a historical perspective is … provided. Between 1990 and 1989, i.e. during the period of command economy, Poland witnessed a real divergence trend. widening …
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