Leszkiewicz Kędzior, Katarzyna; Welfe, Władysław - In: Bank i Kredyt 43 (2012) 5
In industrialized countries the rising percentage of households behaves rationally. It is represented by the life cycle hypothesis of determining their incomes. This concept was taken into account in many macroeconometric multicountry models. The W models of the Polish economy assumed the number...