The global economic and financial crisis (2008-2009) showed that growing sectoral imbalances (for example, too much housing investment) and financial risks (for instance,excessively leveraged financial institutions, excess household indebtedness, excess maturity mismatches in the banking system,...

The purpose of the research was to investigate the transmission mechanism of macroeconomic shocks across EU countries and CECs. It was expected that the findings would allow to verify the following hypotheses.If it turns out that macroeconomic shocks can be transmitted from the EU to Central...

The paper presents the results of testing the expectations hypothesis and the market segmentation hypothesis in respect to the T-bill market in Poland. The impacts of interbank money rates and exchange rate on the T-bill yield curve is also examined. Methodology is based on a cointegration analysis.

Uncertainty associated with the future and the lack of full protection against the financial consequences of adverse events are the most important reasons of research on economic security of households. Literature distinguishes between two basic concepts: economic insecurity and economic...