National Bank of Poland (NBP)
Polish paper explores market perception of sovereign credit risk
Working paper finds macroeconomic and institutional developments were 'weakly correlated’ with market perception of sovereign credit risk in eurozone during crisis
Polish paper examines impact of foreign currency loans
Foreign currency loans restrict the transmission of monetary policy to the real economy but do not have a 'significant' impact on efficacy of macro-prudential measures, paper finds
NBP warns ECB-Fed mismatch may impair policy-making
Polish central bank says divergence of European and US monetary policy is likely to create problems for policy-makers elsewhere, especially in small, open economies
Prosecutors drop investigation into controversial comments by National Bank of Poland governor
Marek Belka did not break the law when calling for finance minister's removal in leaked recording
Polish policy-makers sceptical over major central banks' monetary policy
Minutes from the latest meeting of the Polish monetary policy council reveal doubts that QE and ultra-low rates have had the desired effect
Polish financial stability goes from strength to strength, report says
National Bank of Poland financial stability report says banking system is more resilient than ever, but threats from the outside environment remain
Polish paper finds ‘substantial decrease’ in impact of exchange rate on consumer prices
Researchers say the exchange rate channel of the monetary policy transmission mechanism has weakened, but inflation has become more responsive to interest rate changes
Marek Belka seems secure as Poland’s political crisis shifts focus
Crisis precipitated by central bank governor’s secretly recorded comments threatened to bring down the government, but may now blow over
Poland governor Belka's comments cause political storm
Conversation from last summer shows NBP governor called for finance minister to be replaced, and made disparaging remarks about colleagues on the MPC
Poland still has euro doubts after decade in EU
The National Bank of Poland could need two years to make technical adjustments before the country can join the eurozone; ERM II presents another hurdle
Polish economist encourages ‘broad’ collateral acceptance
National Bank of Poland’s head of monetary policy analysis identifies risks in central banks adopting an overly loose or overly tight collateral framework
People: IMF hires Vitor Gaspar; Poland deputy reappointed
Former Bank of Portugal and ECB research head Vitor Gaspar will become director of fiscal affairs at the IMF; Piotr Wiesiołek handed second term at National Bank of Poland; and more
People: Israel appoints new currency head; ESRB re-elects Ingves
ESRB also reappoints Marek Belka, president of the National Bank of Poland, to steering committee and appoints Richard Portes, founder of CEPR, to Advisory Scientific Committee
Polish paper says monetary policy transmits mainly through real sector
Researchers at the National Bank of Poland build a structural vector-autoregression model that includes both fiscal and monetary policy
Polish paper explains perceptions of higher inflation
Economists at the National Bank of Poland construct a consumer perceived price index that reflects the population’s loss aversion to price increases
Polish economists say rate cuts damaged trust in ECB
Working paper says central bank interest rate cuts can damage public trust if they come at a time when households have ‘pessimistic expectations'
Polish paper presents new method for constructing fan charts
Fan charts are an increasingly popular tool for depicting forecasts; working paper proposes a new method for formulating the charts that incorporates 'a mix of judgment and statistics'
CEE business cycles still out of sync with eurozone, Polish paper finds
Despite some convergence, differences remain - particularly when it comes to agents' intra- and inter-temporal choices, which account for a large proportion of output fluctuation in the CEE region
Hungarian central bank signals rate cut slowdown
Monetary council cuts benchmark rate by 25 basis points for 12th consecutive meeting; says global volatility may justify a change in pace in coming months
Polish economists call for dismantling of eurozone, and new role for ECB
Former Polish vice-minister of finance and bank chief economiss call for Germany to lead an exodus of the eurozone's strongest economies, to save the European Union
Polish paper compares MP committees' efficiency
Paper finds MPCs became less efficient following the crisis, though the ECB and BoE have been quick to recover; says academics and central bankers make most efficient members
European rates: UK and Norway on hold as Denmark and Poland cut
Bank of England marks time ahead of Mark Carney’s arrival and Norges Bank keeps policy steady, while Denmark and Poland take action
Polish paper examines banks’ risks when state safety net grows
Study finds that banks in central Europe take higher levels of risks under a larger deposit insurance scheme; less so in times of financial crisis
National Bank of Poland updates 18-year-old banknote security
Security features of Polish banknotes to be overhauled in 2014; central bank keeping tight-lipped on the upgrades