This paper examines employment transitions among men and women in Poland aged between 20 and 65 based on the data from the CHER (Consortium of Household Panels for European Socio-Economic Research). The research results show that the state of the person in a given year is not only dependent upon...

In this work, the size and character of poverty in Poland was studied based on a panel data from CHER (Consortium of Household Panels for European Socio-Economic Research) database for the years 1997 - 2000. The analyses have shown a low households’ dynamic of income in this period. The sum of...

The epsilon method has been applied to examine the strength of relations among selected objective and subjective factors connected with a manager’s predictions of their companies’ development. The aim of this research was to study which variable has the strongest impact on business...

The paper presents a model assigning a bankruptcy probability to a company, developed on the basis of individual data from balance sheets and income statements of Polish companies, collected by Central Statistical Office of Poland in the 2001 – 2010 period. Determinants for warning signals for...

This paper compares option pricing models, based on Black model notion (Black, 1976), especially focusing on the volatility models implied in the process of pricing. We calculated the Black model with historical (BHV), implied (BIV) and several different types of realized (BRV) volatility...

The returns to scientific collaboration have been widely acknowledged. The general trend observed in top scientific journals is an increase in collaborative activities both between researchers and between institutions, especially with regard to international co-authorship. Not only there is a...

We use a novel field experiment which jointly tests two implicit assumptions of updating models in a joint framework: that new information leads to new knowledge and that new knowledge can affect economic decisions. In the experiment, we elicit subjects’ prior knowledge state about a good’s...

Despite decades of anti-discriminatory legislation, wage discrimination against women is believed to be a major source of social inequality in the developed economies. In the present study we investigate the issue of gender wage gap in Poland. The analysis is carried out both with regard to the...

In this paper we propose Generalized Momentum Asset Allocation Model (GMAA). GMAA is a new approach to construct optimal portfolio and is based on close examination of asset’s returns distribution. GMAA tries to capture certain market phenomena and use information they contain as predictors...

In this project we sought to contribute to extant literature on overconfidence by identifying it in a large, heterogeneous sample making familiar, repeated choices in a natural environment which provides direct feedback. In Study 1 we elicited predictions of own finishing time among participants...