The introduction of the euro was one of the most important events in the process of European integration, especially in the financial sector. However, next to its many advantages, the joint currency and single monetary policy increased the probability of property bubbles in the EU low income...

The main purpose of this article is to prove that prices of selected metals quoted at London Metal Exchange could be described as biased random walks. In this paper hypothesis of black noise character of returns is verified (sequences are observed more frequently than reversals). Exploiting...

Celem artykulu jest przedstawienie ewolucyjnych zmian, jakie zaszly na rynku finansowym w Chinach, a ktorych katalizatorem byly zaburzenia na globalnym rynku finansowym. Zmiany te byly wynikiem zarowno dzialan antykryzysowych ze strony polityki makroekonomicznej podjetych na poczatku kryzysu,...

Artykul stanowi swoista analize problemu wystepowania baniek spekulacyjnych w historii gospodarczej swiata, a nastepnie probe identyfikacji przyczyn i skutkow wystapienia banki spekulacyjnej na rynku nieruchomosci w Stanach Zjednoczonych, ktora byla jednoczesnie glowna przyczyna wybuchu kryzysu...

The introduction of the euro was one of the most important events in the process of European integration, especially in the financial sector. However, next to its many advantages, the joint currency and single monetary policy increased the probability of property bubbles in the EU low income...

Authors of the study aimed to analyze the structure and some of the figures of the financial market in Russia. This choice of one side was dictated by proximity to Russia and relatively little knowledge about the financial market of the country, the other huge potential that lies dormant in the...

Polish Abstract: Koncepcja inteligentnej bety (ang. smart beta) odzwierciedla ewolucję procesu zarządzania aktywami, jaka dokonała się w ślad za ostatnimi kryzysami ekonomicznymi – na czele z globalnym kryzysem finansowym lat 2007-2008. Odnoszenie wyników inwestycyjnych do tradycyjnych...

The book is divided into five parts. The essence of behavioural finance is presented in the first parts. Fuzzy generalizations of some mathematical concepts are presented in the second part. The impact of selected behavioural premises for imprecise estimation of expected return is described in...

The book is divided into five parts. The essence of behavioural finance is presented in the first parts. Fuzzy generalizations of some mathematical concepts are presented in the second part. The impact of selected behavioural premises for imprecise estimation of expected return is described in...