In the paper we have addressed the problem of price-wage relationship modelling in case of the mixed economy. The empirical investigation was based on the Polish annual data for the period of centrally planned system (1964-1989) and on quarterly data for the period of transition towards the...

This paper provides an overview of the evolution of macroeconomic thought from 1936, the year John Maynard Keynes published his general theory of employment, interest and money to the year 2010. It explores the reasons for the extension of the business cycle during the postwar period. The paper...

The paper is associated with value relevance research, investigating whether information from financial reports is reflected in the value of listed companies. The study includes annual reports of 440 companies listed on the Warsaw Stock Exchange in the years from 2000 to 2010. Models describing...

The aim of this paper is to give an overview of typical features of selected European economies in time of the current crisis, to describe behaviour of macroeconomic variables, including various measures of GDP, but also current balance and unemployment rate as factors influencing the GDP...

In this paper I use the National Supported Work (NSW) data to examine the validity of the Oaxaca–Blinder unexplained component as an estimator of the population average treatment effect on the treated (PATT). Precisely, I utilize dataset and variable selections used in previous studies of the...

This paper examines an intraday activity of bank trading of the EUR/PLN currency pair via the Reuters Dealing 3000 Spot Matching System in 2007. On the grounds of the sequential trade model of Easley, Engle, O’Hara & Wu (2008), we can differentiate between the time-varying patterns for the...