Purpose: The purpose of this paper is to evaluate how real estate returns behaved over the last two decades in relation to the other two asset types. This allows a direct evaluation of how investors make allocation choices and perceive risks and rewards offered by properties in the context of...

The article aims at assessing condition and functioning of chosen elements of institutional system in Central and Eastern European countries in the field of creating the background for entrepreneurship. The article especially concentrates on comparative analysis of Poland with other countries of...

With the huge advances in the field of theoretical and applied econometrics recent years have made a period of growing faith in the analytical and forecasting abilities of economists, which resulted in a growing belief in the increasing ease of conducting counter-cyclical monetary policy and its...

The last decade has been a period of accelerated integration in Europe. A tangible manifestation of this was the biggest ever enlargement of the EU in 2004 and its next enlargement in 2007. Therefore the aim of this study is a formalized empirical evaluation of the phenomenon of integration in...