Balance sheet effect in the Polish economy
Paper refers to the relations between real economic activity and the state of nancial sys- tem. It presents how the balance sheet e ect works and how it in uences the real economic activity and the e ectiveness of the monetary policy. The empirical part of the paper presents the theoretical model, which is derived from classic assumptions. On the basis of this model, the balance sheet e ect in the Polish economy is verifed. The verifcation process is conducted on the basis of individual fnancial statements of 27 730 Polish companies encompassing period between 2002-2007.
|Date of creation:||26 Jul 2011|
|Date of revision:|
|Contact details of provider:|| Postal: 02-513 Warszawa, ul. Madalinskiego 6/8|
Phone: + (48)(22) 49 12 51
Fax: + (48)(22) 49 53 12
Web page: http://www.sgh.waw.pl/instytuty/zes
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:wse:wpaper:55. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marcin Owczarczuk)
If references are entirely missing, you can add them using this form.