Argumenta Oeconomica最新文献

{"title":"Ilona Kwiecień (ed.): Ubezpieczenia we współczesnym świecie. Problemy i tendencje [Modern day insurance. Problems and trends]. Wue 2017, 252 pp.","authors":"S. Wieteska","doi":"10.15611/aoe.2019.1.18","DOIUrl":"https://doi.org/10.15611/aoe.2019.1.18","url":null,"abstract":"","PeriodicalId":43088,"journal":{"name":"Argumenta Oeconomica","volume":"1 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67083652","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"International trade structure and analysis of complementarity between China and Poland, the Czech republic and Hungary","authors":"Xiaosong Zheng, Linfeng Zhang, Ruilin Chen, Lijun Jia","doi":"10.15611/aoe.2019.2.02","DOIUrl":"https://doi.org/10.15611/aoe.2019.2.02","url":null,"abstract":"The purpose of the article is to study the current international trade structure and complementarity between China and the three main central European countries: Poland, the Czech Republic, and Hungary. Based on the international trade structure study, trade complementarities are discussed and further development strategies are proposed. In this study some relevant international trade theories are used in the quantitative analyses and these include revealed comparative advantage index (RCA) and trade complementarity index (TCI). At the end of the article a stochastic frontier trade gravity model is used to calculate trade efficiency and potential between China and the three central European countries. It is found that complementarities of China to the three central European countries are mainly in the labour-intensive products, while complementarities of the three central European countries to China are in the resource-intensive products. However, the current structure of imported and exported products between China and the three central European countries is different from results of the complementarity analyses. At the end of the article some development strategies are proposed to optimize the international trade structure between China and the three central European countries.","PeriodicalId":43088,"journal":{"name":"Argumenta Oeconomica","volume":"1 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67083700","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Systemic risk affected by country level development. The case of the European banking sector","authors":"Renata Karkowska","doi":"10.15611/aoe.2019.2.11","DOIUrl":"https://doi.org/10.15611/aoe.2019.2.11","url":null,"abstract":"The goal of this study is to identify empirically how country level development affects the risk profiles of the EU banking sector. We examine the implications of banks’ activity and risk-taking that manifest themselves as spreading and growing instability. Additionally we explore the interaction between banking risk and structural, macroeconomic and financial market determinants. Through a dataset that covers 4678 European banks spanning the period 1996–2011 and the methodology of panel regression, the empirical findings document that credit, liquidity or insolvency risk are determined by market factors and could be systemic risk indicators in the banking sector. To show the heterogeneity of systemic risk determinants, the study sample was divided according to the economic development of a country into two groups: advanced and developing countries. The findings have implications for both bank risk management and regulators. This paper advances the agenda of making macroprudential policy operational.","PeriodicalId":43088,"journal":{"name":"Argumenta Oeconomica","volume":"1 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67084254","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Understanding transaction costs in the mesoeconomic perspective","authors":"Katarzyna Mroczek-Dąbrowska, M. Gorynia","doi":"10.15611/aoe.2019.1.14","DOIUrl":"https://doi.org/10.15611/aoe.2019.1.14","url":null,"abstract":"","PeriodicalId":43088,"journal":{"name":"Argumenta Oeconomica","volume":"1 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67084049","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Mental accounting in the context of savings and credit decisions. Evidence from Poland","authors":"Magdalena Swacha-Lech, Małgorzata Solarz","doi":"10.15611/aoe.2019.2.15","DOIUrl":"https://doi.org/10.15611/aoe.2019.2.15","url":null,"abstract":"The main objective of this article is to identify and analyze the factors favouring the attitude of mental accounting in a wider sense. The analysis also helped identify the advantages and disadvantages resulting from the adoption of such an attitude as well as an assessment of the decisions made from the economic and psychological perspective. The following hypothesis was formulated: individuals characterised by debt aversion do not show an inclination to adopt the attitude of mental accounting in a wider sense. The core research method used in the study is logistic regression. The necessary empirical data of quantitative and qualitative nature were collected through surveys carried out in January 2013 through Computer Assisted Web Interview on a sample of 1000 Poles aged 15 or above. Other methods applied include a review and critical analysis of the subject literature. The study shows that among the factors identified, the strongest determinants of the mental accounting attitude are: having debt, having savings, debt aversion and the amount of monthly net income achieved. Both having debt and high monthly net income increase the likelihood of adoption of the attitudes of mental accounting, while the other factors have the opposite effect. In addition to the above factors, the behaviour of the people likely to do mental accounting is also affected by the objective of consumer spending as well as the time and the purpose of saving. Adopting the mental accounting attitude has some advantages, the most important of which is the fact that the attitude builds the ability to systematically manage the household budget and facilitates the efficient planning of income and expenditure as well as consistently sticking to previous decisions. Creating mental accounts helps organize personal finance and thus promotes achieving the goals of saving; this means that the psychological need of safety is met. With regard to the disadvantages of adopting the said attitude, it should be emphasized that the decision to protect savings, which results in the need for borrowing, exposes the individual to the risks of debt servicing and extra costs, which in extreme cases may bring about an over-indebtedness.","PeriodicalId":43088,"journal":{"name":"Argumenta Oeconomica","volume":"44 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67084354","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Attitudes to income inequality as an element of social capital","authors":"Urszula Markowska-Przybyła, David Ramsey","doi":"10.15611/aoe.2019.1.16","DOIUrl":"https://doi.org/10.15611/aoe.2019.1.16","url":null,"abstract":"","PeriodicalId":43088,"journal":{"name":"Argumenta Oeconomica","volume":"1 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67083591","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Counterintuitive investment opportunities on the wse. Evidence from the field of asset pricing","authors":"Paulina Roszkowska, Łukasz K. Langer","doi":"10.15611/aoe.2019.1.02","DOIUrl":"https://doi.org/10.15611/aoe.2019.1.02","url":null,"abstract":"","PeriodicalId":43088,"journal":{"name":"Argumenta Oeconomica","volume":"1 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67083911","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The Musgravian transformation in the two-part tariff and other monopoly models","authors":"Chin W. Yang, M. Tang","doi":"10.15611/aoe.2019.1.05","DOIUrl":"https://doi.org/10.15611/aoe.2019.1.05","url":null,"abstract":"","PeriodicalId":43088,"journal":{"name":"Argumenta Oeconomica","volume":"1 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67083922","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Increasing returns to scale, productivity and economic growth – a spatial analysis of the contemporary EU economy","authors":"A. Olejnik, J. Olejnik","doi":"10.15611/aoe.2019.1.11","DOIUrl":"https://doi.org/10.15611/aoe.2019.1.11","url":null,"abstract":"","PeriodicalId":43088,"journal":{"name":"Argumenta Oeconomica","volume":"1 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67084021","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Are incomes a key determinant of the levels of household sight deposits during a financial market downturn? The case of the eurozone countries","authors":"Katarzyna Kochaniak","doi":"10.15611/aoe.2019.2.01","DOIUrl":"https://doi.org/10.15611/aoe.2019.2.01","url":null,"abstract":"The paper investigates the significance of households’ characteristics for the levels of their sight deposits in the eurozone countries – which, according to the European Banking Authority (EBA), are primarily dependent on household incomes. The analysis is based on household-level data and applies regression models. Its main finding is that the effect of annual gross incomes of households was statistically significant in most of the eurozone countries. However, a broader set of household characteristics revealed various mechanisms of the formation of sight deposits. The priority significance of incomes was confirmed only in four member states.","PeriodicalId":43088,"journal":{"name":"Argumenta Oeconomica","volume":"403 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2019-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"67083660","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}