Significant changes have occurred in the Polish banking sector over the last ten years. In the mid-1990s, due to low market entry requirements, many small private commercial banks, which were frequently established by foreign banks seeking to enter the Polish market, operated alongside state...

We investigate the inflation process in Poland during the economic transition period by applying Markov Switching Models to explain the inflation generating process. The analysis is limited to the period between March 1992 and October 2005, a period of relatively high inflation The application...

The recent acceleration of credit growth in Poland has raised the question whether the loan growth rate in Poland was excessive or not. The main source of growth in the lending of banks in Poland are loans to households. Most of recent international surveys of this phenomenon conclude with...

We investigate inflation in Poland in the period of economic transition by examining the potential application of Markov Switching Models to model the inflation generating process in Poland. The time horizon of analysis was limited to the period between March 1992 and October 2005 defined as the...

The spectacular growth of household loans in Poland and in other new member states, particularly in foreign currencies, has attracted particular attention of central banks and supervisors, because of its potential implications to the stability of the banking sector. In the paper, we assess the...