approaching, monthly
gTowth rates should be much more
intense in the coming months in order...averages of monthly interest rates, in % on annual basis
...
In order to
capture the ‘kink’ in the inflation-growth relationship they follow...Equation 8
)()( 1,2,1,1, −−−− ++−=− tiittititiit yyyy εεβ
Next, in...
The pecking order theory was also confirmed for some indicators (Table 1)....negative link between profitability and indebtedness was consistent with the pecking...
Keynesian gen-
eral equilibrium model, expanded with some ad hoc features in
order...open economy
New-Keynesian models, we have modified and added some equations in...
standards are modeled
separately: criteria that households should satisfy in order...In the second step of the analysis two different approaches were used in...
is to create additional capital in the periods of increasing cyclical risks in order...filters contrasting the long-term credit activity with the economic activity in...
