Analysis of the implementation of the assumptions of the budget economy and monetary policy in Poland
Languages of publication
The following study discusses the implementation of the monetary policy assumptions in Poland. The theoretical part explains the concept of the state budget, which is the basic tool for collecting and spending cash in the state and the role of monetary policy. In the empirical part, the state budget analysis was carried out in 2017.
-  J. A. Robinson, R. Torvik. A political economy theory of the soft budget constraint. European Economic Review 2009, no 53(7), p. 786-798
-  P. Miller, T. O’leary, Mediating instruments and making markets: Capital budgeting, science and the economy. Accounting, Organizations and Society 2007, 32(7-8), p. 701-734
-  M. Freitag, P. Sciarini. The political economy of budget deficits in the European Union: the role of international constraints and domestic structure. European Union Politics 2001 2(2), pp. 163-189
-  I. S. Rubin, I. S. The politics of public budgeting: Getting and spending, borrowing and balancing CQ Press 2019, p. 120.
-  A. Brender, A. Drazen, A. Political budget cycles in new versus established democracies. Journal of Monetary Economics 2005, no 52(7), p. 1271-1295
-  M. Freitag, P. Sciarini. The political economy of budget deficits in the European Union: the role of international constraints and domestic structure. European Union Politics 2002, no 2(2), pp. 163-189
-  A. Cornwall, V. S. Coelho. Spaces for change? The Politics of Participation in New Democratic. Zed Books; 1 edition (30 Nov. 2006), ISBN-13: 978-1842775530
-  M. Shi, J. Svensson. Political budget cycles in developed and developing countries. Institute for International Economic Studies, Stockholm University 2002, p. 18.
-  J. C. Cuaresma E. Gnan, Four Monetary Policy Strategies in Comparison: How to Deal with Financial Instability? Monetary Policy & the Economy 2008, no. 3, 65-102
-  C. E. Walsh Monetary Theory and Policy, The MIT Press Cambridge, Cambridge 2010, MA. P. 118.
-  D. Gerdesmeier, F. P. Mongelli, B. Roffia. The Eurosystem, the US Federal Reserve and the Bank of Japan: Similarities and Differences. Working Paper Series, No. 742, ECB, Frankfurt am Main 2007, p. 120
-  Mishkin, Frederic S. 1995. Symposium on the Monetary Transmission Mechanism. Journal of Economic Perspectives, 9 (4): 3-10. DOI: 10.1257/jep.9.4.3
-  Claudio Borio, Haibin Zhu. Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism? Journal of Financial Stability Volume 8, Issue 4, December 2012, Pages 236-251. https://doi.org/10.1016/j.jfs.2011.12.003
-  Luca Dedola, Francesco Lippi. The monetary transmission mechanism: Evidence from the industries of five OECD countries. European Economic Review Volume 49, Issue 6, August 2005, Pages 1543-1569. https://doi.org/10.1016/j.euroecorev.2003.11.006
-  Filippo Ippolito, Ali K. Ozdagli, Ander Perez-Orive. The transmission of monetary policy through bank lending: The floating rate channel. Journal of Monetary Economics Volume 95, May 2018, Pages 49-71. https://doi.org/10.1016/j.jmoneco.2018.02.001
-  Matteo Ciccarelli, Angela Maddaloni, José-Luis Peydró. Trusting the bankers: A new look at the credit channel of monetary policy. Review of Economic Dynamics Volume 18, Issue 4, October 2015, Pages 979-1002. https://doi.org/10.1016/j.red.2014.11.002
-  Jorge David Quintero Otero. Industrial structure and transmission of monetary policy in Latin American countries. Investigación Económica Volume 76, Issue 302, October–December 2017, Pages 103-129. https://doi.org/10.1016/j.inveco.2018.01.004
-  M. Shi, J. Svensson, J. Political budget cycles: Do they differ across countries and why? Journal of Public Economics 2006, 90(8-9), p. 1367-1389
Publication order reference