Actions for Republic of Poland : selected issues
Republic of Poland : selected issues
- Author
- Ho, Giang
- Published
- Washington, D.C. : International Monetary Fund, [2012]
- Copyright Date
- ©2012
- Physical Description
- 1 online resource (38 pages) : color illustrations
- Additional Creators
- Lu, Yinqiu and International Monetary Fund
Access Online
- Series
- Contents
- Cover; Contents; I. Economic and Financial Linkages With the Euro Area; A. Introduction; B. Trade and Financial Linkages; C. Vector Auto-Regression; D. Global Projection Model; E. Concluding Remarks; References; Box; 1. Key Model Equations; Figures; 1. Responses to Euro Area Premium Shock; 2. Responses to Euro Area Premium Shock With Anticipated Monetary Policy Delay; 3. Responses to a More Persistent Euro Area Premium Shock; 4. Responses to Euro Area Premium Shock With Stronger Spillover; II. What Drives the Spread Between the POLONIA and the Policy Rate; A. Introduction. and B. POLONIA and its Deviation From the Policy RateC. Determinants of the POLONIA Spread: Predictions; D. Empirical Analysis; E. Conclusion and Policy Implications; References; Tables; 1. Predictions of the Impact of the Determinants; 2. Variables in the Mean and Volatility Equations; 3. Estimated GARCH Parameters; Appendix; 1. Structural Liquidity.
- Summary
- This Selected Issues Paper focuses on the economic and financial ties between Poland and the euro area and analyzes the associated spillovers. It documents stylized facts about trade, vertical integration, foreign direct investment, and banking system linkages between Poland and core euro area countries. The impact of shocks originating from the euro area on economic developments in Poland is quantified using two methods, namely a vector auto-regression model and a small-open-economy quarterly projection model.
- Subject(s)
- Monetary policy—Poland
- Politique monétaire—Pologne
- BUSINESS & ECONOMICS—Economic Conditions
- BUSINESS & ECONOMICS—Economic History
- BUSINESS & ECONOMICS—Economics—Comparative
- POLITICAL SCIENCE—Economic Conditions
- Economic history
- International relations
- Monetary policy
- Poland—Economic conditions
- Poland—Economic conditions—Econometric models
- Poland—Relations—Europe
- Pologne—Conditions économiques
- Pologne—Conditions économiques—Modèles économétriques
- Europe
- Poland
- ISBN
- 9781475584523 (electronic bk.)
1475584520 (electronic bk.)
9781475506549
1475506546
9781475556315
1475556314 - Note
- Title from p. 1 of pdf (IMF Web site, viewed July 9, 2012).
"Prepared by Giang Ho and Yinqiu Lu"--Page 2 of pdf
"June 15, 2012"--Page 2 of pdf - Bibliography Note
- Includes bibliographical references.
View MARC record | catkey: 43189341