No 19-2014 BEER tastes better in a panel of neighbours. On equilibrium exchange rates in CEE countries - P. Roszkowski, K. Sławińska, A. Torój

Źródło: Departament Polityki Finansowej, Analiz i Statystyki

We follow the behavioural equilibrium exchange rate (BEER) approach to estimate the misalignments of real exchange rates in selected Central European countries, including Poland, in a sample that...

No 18-2014, Stabilising expenditure rule in Poland – stochastic simulations for 2014-2040 - D. Korniluk

Źródło: Departament Polityki Finansowej, Analiz i Statystyki

The stabilising expenditure rule (SER) imposed on general government (GG) sector in Poland has been binding since 2014. According to this rule, about 90% of GG expenditure will grow in line with the...

No 15.1-2014, Does the halo effect still hold? The (post-) crisis perspective for the euro candidates - A. Szczypińska

Źródło: Departament Polityki Finansowej, Analiz i Statystyki

This working paper is an updated version of the working paper No 15-2012 Does the halo effect still hold? Implications for the euro candidates from the analysis of the EA bond market. The...