KAE Working Papers

General information 

​The faculty members as well as all the students, associates and colleagues are invited to publish the current research findings within the series of Collegium of Economic Analysis Working Papers (KAE Working Papers). We believe that making the research results instantly available to professional community serves the good purpose of exchange of ideas and constant improvement of our work. The KAE Working Papers has been initiated in March 2016 as a continuation of two working papers series: Applied Econometrics Papers (published in years 2004 - 2015), Working Papers of the Institute for Demography and Statistics (published in years 2009 - 2015).

Papers published in the  KAE Working Papers are available in Cyber Open Repository of the SGH Warsaw School of Economics:

Link

Our series is already accessible in IDEAS/RePec database [link].

Wskazówki dla autorów 

Submission of the document can be made by sending the proposed working paper to the editors via:  WorkingPapers_KAE@sgh.waw.pl.

There is no specific format template for the submission of the working paper. For sample formatting authors may refer to previous submissions. Working papers can be submitted in the form of PDF files or MS Word document. Along with the submission of the working paper please send over the following information, which will allow to streamline indexation:

1. Name(s) and surname(s) of all authors
2. Title of the Working Paper
3. Abstract
4. Keywords
5. JEL classification codes (link)

In case of Polish language submissions translation of the abstract and the above metadata are encouraged (to allow for proper indexation)

Articles in the KAE Working Paper Series 

Full list of articles in the KAE Working Papers:

• Kuziemska-Pawlak K., Mućk J., Global Value Chains and Equilibrium Exchange Rate: Evidence from Central European Economies, KAE Working Papers, 2024, 2024-100, http://hdl.handle.net/20.500.12182/1260.
• Szafranek K., Rubaszek M., The European energy crisis and the US natural gas market dynamics. A structural VAR investigation, KAE Working Papers, 2024, 2024-099, http://hdl.handle.net/20.500.12182/1256. 
• Kapera M., Learning, experimentation and the convergence of the discovered preferences, KAE Working Papers, 2024, 2024-098, http://hdl.handle.net/20.500.12182/1257
• Brzoza-Brzezina M., Jabłońska J., Kolasa M., Makarski K., For whom the bill tolls: redistributive consequences of a monetary-fiscal stimulus, KAE Working Papers, 2024, 2024-097, http://hdl.handle.net/20.500.12182/1214.
• Bielecki M., Kolasa M., Kopiec P., Labor market institutions and the business cycle: The role of unemployment fears, KAE Working Papers, 2023, 2023-096, http://hdl.handle.net/20.500.12182/1204.
• Szafranek K, Rubaszek M., Uddin G. S., The role of uncertainty and sentiment for intraday volatility connectedness between oil and financial markets, KAE Working Papers, 2023, 2023-095, http://hdl.handle.net/20.500.12182/1202.
• Mućk J., Postek Ł., Supply chains shocks and inflation in Europe, KAE Working Papers, 2023, 2023-094, http://hdl.handle.net/20.500.12182/1180.
• Stefańki M., Natural Rate of Interest in a Small Open Economy with Application to CEE Countries, KAE Working Papers, 2023, 2023-093, http://hdl.handle.net/20.500.12182/1181.
• Charemza W., Lewandowski M., Woźny Ł., On journal rankings and researchers’ abilities, KAE Working Papers, 2023, 2023-092, http://hdl.handle.net/20.500.12182/1175.
• Growiec J., Jabłońska J., Parteka A., Hardware and Software over the Course of Long-Run Growth: Theory and Evidence, KAE Working Papers, 2023, 2023-091, http://hdl.handle.net/20.500.12182/1176.
• Chudziak Sz., Consumption modelling using categorisation-enhanced mental accounting, KAE Working Papers Series, 2023, 2023-090, http://hdl.handle.net/20.500.12182/1093.
• Chudziak Sz., Categorisation-enhanced mental-accounting consumer behaviour: demand enhancement and endogenous cycles in an overlapping-generations income-age distribution model, KAE Working Papers, 2023, 2023-089, http://hdl.handle.net/20.500.12182/1092.
• Stefański M., Quantitative Easing During the COVID-19 Pandemic: A Cross-Country Study, KAE Working Papers, 2023, 2023-088, http://hdl.handle.net/20.500.12182/1091.
• Tomczyk E., Strategie, koalicje i szczęśliwe zakończenia: teoria gier w baśniach, KAE Working Papers, 2023, 2023-087, http://hdl.handle.net/20.500.12182/1090.
• Below Ł., Does inflation matter? The influence of perceived price changes on well-being, KAE Working Papers, 2023, 2023-086, http://hdl.handle.net/20.500.12182/1145.
• Balbus Ł, Olszewski W., Reffett K., Woźny Ł., Local versions of Tarski’s theorem for correspondences, KAE Working Papers, 2023, 2023-085, http://hdl.handle.net/20.500.12182/1144.
• Olejnik Ł., Flowers vs garbage trucks: which type of local government investment has the greatest impact on economic growth, KAE Working Papers Series, 2023, 2023-084, http://hdl.handle.net/20.500.12182/1143.
• Kocięcki A., Kolasa M., A solution to the global identification problem in DSGE models, KAE Working Papers Series, 2023, 2023-083, http://hdl.handle.net/20.500.12182/1142.
• Rabiej A., Sikora D., Torój A., How regional business cycles diffuse across space and time: evidence from a Bayesian Markov switching panel of GDP and unemployment in Poland, KAE Working Papers, 2023, 2023-082, http://hdl.handle.net/20.500.12182/1171.
• Kopiec P., A Theory of The Procyclical Effectiveness of Forward Guidance, KAE Working Papers, 2022, 2022-081, http://hdl.handle.net/20.500.12182/1170.
• Haug A., Łyziak T., Sznajderska A., The Role of the Monetary Policy Stance for the Goverment Spending Multiplier in Poland​, KAE Working Papers, 2022, 2022-080, http://hdl.handle.net/20.500.12182/1169.
• Doligalski T., ​Common typology of virtual communities and multi-sided platforms. Analysis of business models using qualitative system dynamics, KAE Working Papers, 2022, 2022-079, http://hdl.handle.net/20.500.12182/1137.
• Rubaszek M., Szafranek K., Have European natural gas prices decoupled from crude oil prices? Evidence from TVP-VAR analysis., KAE Working Papers, 2022, 2022-078, http://hdl.handle.net/20.500.12182/1136.
• Growiec J., R&D Capital: An Engine of Growth, KAE Working Papers, 2022, 2022-077, http://hdl.handle.net/20.500.12182/1135.
• Szulc A., Reconstruction of the Social Cash Transfers System in Poland and Household Well-being : 2015 - 2018 Evidence, KAE Working Papers, 2022, 2022-076, http://hdl.handle.net/20.500.12182/1134.
• Gradzewicz M., How do firms respond to demand and supply shocks?, KAE Working Papers, 2022, 2022-075, http://hdl.handle.net/20.500.12182/1133.
• Kapera M., Learning own preferences through consumption, KAE Working Papers, 2022, 2022-074, http://hdl.handle.net/20.500.12182/1131.
• Chudziak Sz., On the sources of economic growth, structural consistency of agent-based models and mental-accounting consumer behaviour, KAE Working Papers, 2022, 2022-073, http://hdl.handle.net/20.500.12182/1130.
• Balbus Ł., Olszewski W., Reffett K., Woźny Ł., Iterative Monotone Comparative Statics, KAE Working Papers, 2022, 2022-072, http://hdl.handle.net/20.500.12182/1129.
• Growiec J., McAdam P., Mućk J., Are Ideas Really Getting Harder To Find? R&D Capital and the Idea Production Function, KAE Working Papers, 2022, 2022-071, http://hdl.handle.net/20.500.12182/1128. 
• Kopiec P., The Aggregate and Distributional Effects of Fiscal Stimuli, KAE Working Papers, 2022, 2022-070, http://hdl.handle.net/20.500.12182/1127.
• Torój A., Using geolocation data in spatial-econometric construction of multiregion input-output tables: a Bayesian approach, KAE Working Papers, 2022, 2022-069, http://hdl.handle.net/20.500.12182/1126. 
• Stefański M., Macroeconomic Effects of Quantitative Easing Using Mid-sized Bayesian Vector Autoregressions, KAE Working Papers, 2021, 2021-068, http://hdl.handle.net/20.500.12182/1125.
• Brzoza-Brzezina M., Kolasa M., Makarski K., Monetary policy and COVID-19, KAE Working Papers, 2021, 2021-067, http://hdl.handle.net/20.500.12182/1124.
• Walerych M., The aggregate and redistributive effects of emigration, KAE Working Papers, 2021, 2021-066, http://hdl.handle.net/20.500.12182/1123.
• Rybacki J., Serwa D., What makes a successful scientist in a central bank? Evidence from the RePEc database, KAE Working Papers, 2021, 2021-065, http://hdl.handle.net/20.500.12182/1121.
• Bielecki M., Brzoza-Brzezina M., Kolasa M., Intergenerational redistributive effects of monetary policy, KAE Working Papers, 2021, 2021-064, http://hdl.handle.net/20.500.12182/1118.
• Kolasa M., Wesołowski G., Quantitative Easing in the US and Financial Cycles in Emerging Markets, KAE Working Papers, 2021, 2021-063, http://hdl.handle.net/20.500.12182/1117.
• Charemza W., Lewandowski M., Woźny Ł., Efficiency in rewarding academic journal publications. The case of Poland, KAE Working Papers, 2021, 2021-062, http://hdl.handle.net/20.500.12182/1116.
• Kolasa M., Supera D., Central bank credibility, long-term yields and the effects of monetary integration, KAE Working Papers, 2021, 2021-061, http://hdl.handle.net/20.500.12182/1115.
• Brzoza-Brzezina M., Wesołowski G., The Great Lockdown: information, noise and macroeconomic fluctuations, KAE Working Papers, 2021, 2021-060, http://hdl.handle.net/20.500.12182/1114.
• Lewandowski M., Woźny Ł., On complementary symmetry and reference dependence, KAE Working Papers, 2020, 2020-059, http://hdl.handle.net/20.500.12182/1113.
• Stefański M., To What Extent does Convergence Explain the Slowdown in Potential Growth of the CEE Countries Following the Global Financial Crisis?, KAE Working Papers, 2020, 2020-058, http://hdl.handle.net/20.500.12182/1112.
• Stefański M., GDP Effects of Pandemics: A Historical Perspective, KAE Working Papers, 2020, 2020-057, http://hdl.handle.net/20.500.12182/1111.
• Gradzewicz M., Mućk J., Unravelling the Markups Changes: The Role of Demand Elasticity and Concentration, KAE Working Papers Series, 2020, 2020-056, http://hdl.handle.net/20.500.12182/1110.
• Balbus Ł., Reffett K., Woźny Ł., Time consistent equilibria in dynamic models with recursive payoffs and behavioral discounting, KAE Working Papers, 2020, 2020-055, http://hdl.handle.net/20.500.12182/1108.
• Growiec J., What Will Drive Long-Run Growth in the Digital Age?, KAE Working Papers, 2020, 2020-054, http://hdl.handle.net/20.500.12182/1107. 
• Dybka P., One model or many? Exchange rates determinants and their predictive capabilities, KAE Working Papers, 2020, 2020-053, http://hdl.handle.net/20.500.12182/1106.
• Balbus Ł., Dziewulski P., Reffett K., Woźny Ł., Markov distributional equilibrium dynamics in games with complementarities and no aggregate risk, KAE Working Papers, 2020, 2020-052, http://hdl.handle.net/20.500.12182/1105.
• Gradzewicz M., Joint identification of monopoly and monopsony power, KAE Working Papers, 2020, 2020-051, http://hdl.handle.net/20.500.12182/1104.
• Bielecki M., Brzoza-Brzezina M., Kolasa M., Demographics and the natural interest rate in the euro area, KAE Working Papers, 2020, 2020-050, http://hdl.handle.net/20.500.12182/1103.
• Brzoza-Brzezina M., Kotłowski J., International confidence spillovers and business cycles in small open economies, KAE Working Papers, 2020, 2020-049, http://hdl.handle.net/20.500.12182/1138.
• Growiec J., Automation, Partial and Full, KAE Working Papers, 2020, 2020-048, http://hdl.handle.net/20.500.12182/1102.
• Brzoza-Brzezina M., Kotłowski J., Wesołowski G., International information flows, sentiments and cross-country business cycle fluctuations, KAE Working Papers, 2020, 2020-047, http://hdl.handle.net/20.500.12182/1099.
• Dybka P., Olesiński B., Rozkrut M., Torój A., Measuring the uncertainty of shadow economy estimates using Bayesian and frequentist model averaging, KAE Working Papers, 2020, 2020-046, http://hdl.handle.net/20.500.12182/1098. 
• Rybacki J., Are Central Banks’ Research Teams Fragile Because of Groupthink?, KAE Working Papers, 2019, 2019-045, http://hdl.handle.net/20.500.12182/1100.
• Rybacki J., Fiscal Deficit Forecasts by International Institutions: Evidence for a Double Standard?, KAE Working Papers, 2019, 2019-044, http://hdl.handle.net/20.500.12182/1101.
• Bierut B., Dybka P., Institutional determinants of export competitiveness among the EU countries: evidence from Bayesian model averaging, KAE Working Papers, 2019, 2019-043, http://hdl.handle.net/20.500.12182/1109.
• Growiec J., The Hardware-Software Model: A New Conceptual Framework of Production, R&D, and Growth with AI, KAE Working Papers, 2019, 2019-042, http://hdl.handle.net/20.500.12182/1120. 
• Strzelecki P., Unexplained native-immigrant wage gap in Poland in 2015-2016. Insights from the surveys in Warsaw and in Lublin, KAE Working Papers, 2018, 2018-041, http://hdl.handle.net/20.500.12182/1122.
• Gradzewicz M., What happens after an investment spike - investment events and firm performance, KAE Working Papers, 2018, 2018-040, http://hdl.handle.net/20.500.12182/1132.
• Dec M., On the trade-offs in money market benchmarks’ stabilisation, KAE Working Papers, 2018, 2018-039, http://hdl.handle.net/20.500.12182/1139.
• Dec M., Markovian and multi-curve friendly parametrisation of HJM model used in valuation adjustment of interest rate derivatives, KAE Working Papers, 2018, 2018-038, http://hdl.handle.net/20.500.12182/1119.
• Torój A., Generation of regional input-output tables: a spatial econometric approach with illustrative simulations for France, Germany and Poland, KAE Working Papers, 2018,  2018-037, http://hdl.handle.net/20.500.12182/1140.
• Growiec K., Growiec J., Kamiński B., Social Network Dynamics : Individual-Level Mechanisms and Aggregate Outcomes, KAE Working Papers, 2018, 2018-036, http://hdl.handle.net/20.500.12182/1141.
• Brzoza-Brzezina M., Kotłowski J., The non-linear nature of country risk and its implications for DSGE models, KAE Working Papers, 2018,  2018-035, http://hdl.handle.net/20.500.12182/1163.
• Growiec J., The Digital Era, Viewed From a Perspective of Millennia of Economic Growth, KAE Working Papers, 2018, 2018-034, http://hdl.handle.net/20.500.12182/1164.
• Hryckiewicz A., Mielus P., Skorulska K., Snarska M., Does a bank levy increase frictions on the interbank market?, KAE Working Papers, 2018, 2018-032, http://hdl.handle.net/20.500.12182/1165.
• Hagemejer J., Mućk J., Unraveling the economic performance of the CEEC countries. The role of exports and global value chains, KAE Working Papers, 2018, 2018-032, http://hdl.handle.net/20.500.12182/1166.
• Growiec J., McAdam P., Mućk J., On the Optimal Labor Income Share, KAE Working Papers, 2018, 2018-031, http://hdl.handle.net/20.500.12182/1167.
• Dybka P., Kowalczuk M., Olesiński B., Rozkrut M., Torój A., Currency demandand MIMIC models : towards a structured hybrid model-based estimation of the shadow economy size, KAE Working Papers, 2017,  2017-030, http://hdl.handle.net/20.500.12182/1168.
• Szulc A., Weighting Sub-Populations in Longevity Inequality Research: A Practical Approach, KAE Working Papers, 2017, 2017-029, http://hdl.handle.net/20.500.12182/1146.
• Rubaszek M., Reforming housing rental market in a life-cycle model, KAE Working Papers, 2017, 2017-028, http://hdl.handle.net/20.500.12182/1147.
• Skibińska M., Transmission of monetary policy and exchange rate shocks under foreign currency lending, KAE Working Papers, 2017, 2017-027, http://hdl.handle.net/20.500.12182/1148.
• Growiec K., Growiec J., Kamiński B., Social Network Structure and The Trade-Off Between Social Utility and Economic Performance, KAE Working Papers Series, 2017, 2017-026, http://hdl.handle.net/20.500.12182/1149. 
• Growiec K., Growiec J., Kamiński B., Mapping the Dimensions of Social Capital, KAE Working Papers, 2017, 2017-025, http://hdl.handle.net/20.500.12182/1151.
• Albinowski M., The role of fractional-reserve banking in amplifying credit booms: evidence from panel data, KAE Working Papers, 2017, 2017-024, http://hdl.handle.net/20.500.12182/1152.
• Koloch G., Smets and Wouters model estimated with skewed shocks - empirical study of forecasting properties, KAE Working Papers, 2016, 2016-023, http://hdl.handle.net/20.500.12182/1153.
• Kolasa M., Rubaszek M., Does foreign sector help forecast domestic variables in DSGE models?, KAE Working Papers, 2016, 2016-022, http://hdl.handle.net/20.500.12182/1154.
• Kolasa M., Equilibrium foreign currency mortgages, KAE Working Papers, 2016, 2016-021, http://hdl.handle.net/20.500.12182/1155.
• Balbus Ł., Reffett K., Woźny Ł., On uniqueness of time-consistent Markov policies for quasi-hyperbolic consumers under uncertainty, KAE Working Papers, 2016, 2016-020, http://hdl.handle.net/20.500.12182/1156.
• Gałecka-Burdziak E., Multiple unemployment spells duration in Poland, KAE Working Papers, 2016, 2016-019, http://hdl.handle.net/20.500.12182/1157.
• Krawczyk M., Woźny Ł., An experiment on temptation and attitude towards paternalism, KAE Working Papers, 2016, 2016-018, http://hdl.handle.net/20.500.12182/1158.
• Woźny Ł., Repeated moral hazard with costly self control, KAE Working Papers, 2016, 2016-017, http://hdl.handle.net/20.500.12182/1159.
• Kontek K., Birnbaum M., When 0 + 1/3+1/3>2/3, but 0 + 0 +1/3 <1/3. How the median outcome impacts lottery valuation?, KAE Working Papers, 2016, 2016-016, http://hdl.handle.net/20.500.12182/1150.
• Growiec J., Mućk J., McAdam P., Endogenous Labor Share Cycles: Theory and Evidence, KAE Working Papers, 2016, 2016-015, http://hdl.handle.net/20.500.12182/1160.
• Gruszczyński M., Bilicz R., Kubik-Kwiatkowska M., Pernach A., Value relevance of companies’ financial statements in Poland, KAE Working Papers, 2016, 2016-014, http://hdl.handle.net/20.500.12182/1161.
• Brzoza-Brzezina M., Kolasa M., Szetela M., Is Poland at risk of the zero lower bound?, KAE Working Papers, 2016, 2016-013, http://hdl.handle.net/20.500.12182/1097.
• Brzoza-Brzezina M., Why may large economies suffer more at the zero lower bound?, KAE Working Papers, 2016, 2016-012, http://hdl.handle.net/20.500.12182/1096.
• Jakubczyk M., Estimating the membership function of the fuzzy willingness-to-pay/accept for health via Bayesian modelling, KAE Working Papers Series, 2016, 2016-011, http://hdl.handle.net/20.500.12182/1095.
• Antczak E., Gałecka-Burdziak E., Pater R., Efficiency in spatially disaggregated labour market matching, KAE Working Papers Series, 2016, 2016-010, http://hdl.handle.net/20.500.12182/1094.
• Antczak E., Gałecka-Burdziak E., Pater R., Spatial labour market matching, KAE Working Papers, 2016, 2016-009, http://hdl.handle.net/20.500.12182/1089.
• Jakubczyk M., Koń B., The impact of firms’ expectations & adjustments on the productivity cost of illness, KAE Working Papers, 2016, 2016-008, http://hdl.handle.net/20.500.12182/1088.
• Jakubczyk M., Golicki D., Niewada M., (Belief in) life after death impacts the utility of life before it - a difference in preferences or an artefact?, KAE Working Papers, 2016, 2016-007, http://hdl.handle.net/20.500.12182/1087. 
• Jakubczyk M., Choosing from multiple alternatives in cost-effectiveness analysis with fuzzy willingness-to-pay/accept and uncertainty, KAE Working Papers, 2016, 2016-006, http://hdl.handle.net/20.500.12182/1082.
• Gałecka-Burdziak E., Randomness or stock-flow: Which mechanism describes labour market matching in Poland?, KAE Working Papers, 2016, 2016-005, http://hdl.handle.net/20.500.12182/1083
• Torój A., Regional economic impact assessment with missing input-output data: a spatial econometrics approach for Poland, KAE Working Papers, 2016, 2016-004, http://hdl.handle.net/20.500.12182/1084.
• Brzoza-Brzezina M., Kolasa M., Makarski K., Crisis, contagion and international policy spillovers under foreign ownership of banks, KAE Working Papers, 2016, 2016-003, http://hdl.handle.net/20.500.12182/1085.
• Kolasa M., On the limits of macroprudential policy, KAE Working Papers Series, 2016, 2016-002, http://hdl.handle.net/20.500.12182/1086.
• Growiec J., Mućk J., Isoelastic Elasticity of Substitution Production Functions, KAE Working Papers Series, 2016, 2016-001, http://hdl.handle.net/20.500.12182/1081.