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Wyszukujesz frazę "market regimes" wg kryterium: Temat


Wyświetlanie 1-2 z 2
Tytuł:
A Case Study of the European Welfare System Model in the Post-communist Countries-Poland
Autorzy:
Golinowska, Stanisława
Powiązania:
https://bibliotekanauki.pl/articles/1929549.pdf
Data publikacji:
2009-06-30
Wydawca:
Polskie Towarzystwo Socjologiczne
Tematy:
European Social Model
welfare state regimes
Social Policy
social dialog
social protection
transformation (transition from the central planed to the market economy)
new member states of the EU
Opis:
The paper on European welfare regimes and policies presents common and shared features of the social development of the post-communist countries that are members of the EU today. This will provide a basis for an attempt to assess if there is a single regime for those countries that distinguishes them from the three classical (and later four) regimes of the Esping-Anderson classification, or if there is an affinity to one of those models en bloc, or if there is similarity to one of the regimes, but in a different way for each of the new EU members. This attempt will be made primarily on the example of Poland, but with salient references to other countries in the group. The basis of the thoughts presented here is that of a project on Diversity and Commonality in European Social Policies: The Forging of a European Social Model (Golinowska, Hengstenberg, Żukowski 2009). Considerations and analysis done in the paper lead into conclusions that social policy development in the new member states is characterized by a one social model distinguishing them differently than according to the Esping-Andersen classification, in spite of a some differences in the outcome of the social policy being pursued. Similarities are mainly of an institutional character, resulting from both the similar past and the similar challenges connected with the systemic transformation towards the democratic system and market economy. In the future this specificity may fade and integration within the EU will cause a Europeanization of social policy of member states, but now this process is not sufficiently advanced.
Źródło:
Polish Sociological Review; 2009, 166, 2; 273-296
1231-1413
2657-4276
Pojawia się w:
Polish Sociological Review
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
In Search of Hedges and Safe Havens in Global Financial Markets
Autorzy:
Wanat, Stanisław
Śmiech, Sławomir
Papież, Monika
Powiązania:
https://bibliotekanauki.pl/articles/465669.pdf
Data publikacji:
2016
Wydawca:
Główny Urząd Statystyczny
Tematy:
market regimes
clustering methods
copula
DCC-GARCH
Opis:
The aim of the paper is to search for hedges and safe havens within three instrument classes: assets (represented by the S&P500 index), gold and oil prices, and dollar exchange rates. Weekly series of returns of all the instruments from the period January 1995 – June 2015 are analysed. The study is based on conditional correlations between the instruments in different market regimes obtained with the use of copula-DCC GARCH models. It is assumed that different market regimes will be identified by statistical clustering techniques; however, only conditional variances (without conditional covariances) will be taken into account. The reason for this assumption is connected with the fact that variances can be understood as market risk, and, as such, are a good indicator of market conditions. A considerable advantage of such an approach is the lack of need to determine the number of market regimes, as it is established by clustering quality measures. What is more, the methodology used in the paper makes it possible to treat the relations between instruments symmetrically. The results obtained in the study reveal that only dollar exchange rates can be treated as a (strong) hedge and a (strong) safe haven for other instruments, while gold and oil are a hedge for assets.
Źródło:
Statistics in Transition new series; 2016, 17, 3; 557-574
1234-7655
Pojawia się w:
Statistics in Transition new series
Dostawca treści:
Biblioteka Nauki
Artykuł
    Wyświetlanie 1-2 z 2

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