Nehrebecki, Marian - In: Central European economic journal 7 (2020) 54, pp. 157-171
The paper focuses on assessment of the sensitivity of investment on cash flow (ICFS) made by listed companies in Poland …. An empirical part uses data from financial statements for Poland derived from Emerging Markets Information Services (EMIS … binding. These results seem to confirm that the balance-sheet channel of monetary transmission is operative in Poland. …