Przedmiotem opracowania jest cykliczność rynku mieszkaniowego w Polsce i wyjaśnienie faktu, Ŝe przebieg cyklu mieszkaniowego nie doprowadził anido znacznej recesji na rynku mieszkaniowym, ani do złamania stabilnosci systemu bankowego. Tłem teoretycznym rozwaŜańjest mechanizm cyklu...

This paper discusses the underpinnings of the financial crisis of the last decade in post-transition countries. It explores the endogenous reasons of this crisis, and in particular a possible link between delayed and unequal growth of household incomes on the one hand and the instability of the...

This paper discusses the underpinnings of the financial crisis of the last decade. It explores the endogenous reasons of this crisis, and in particular a possible link between delayed and unequal growth of household incomes in post-transition countries on one hand and the instability of their...

The paper describes the path of structural and institutional changes in the labour market during transition to the market economy in Poland. The role of previously strong protection of employees and of Solidarnosc in the lagging and inconsistent changes in the rules governing the labour market...

More than twenty years have now passed since the fall of the Berlin wall. Transition from planned economy towards market economy was supposed to bring success in both democracy and economic development. However, many transition economies have not become richer yet, nor more democratic, and...

The paper focuses information asymmetry suffered by the borrowers in consumer credit contracts. It analyses the impact of Poland's Consumer Credit Act of 2001 on the information asymmetry. Information available to borrowers has been enhanced under the new law. Banks publish their effective...