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Search results for: EFFICIENT MARKET HYPOTHESIS
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Discrimination of workers aged 55+ in companies in Poland
PublicationThe problem of discrimination on the grounds of age in the workplace is particularly topical not only in Poland but also in Europe as a whole. The paper presents the essence of the discrimination and its most common manifestations. The results of own research on the youngPoles' perception of the discrimination on grounds of age in the workplace, intergenerational competition in the labour market and some of the factors shaping...
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Microgrid Energy Management System
PublicationIn the era of rapid development of "green energy” and storage devices, microgrids implemented in line with the concept of distributed generation can be an effective form of power management. There is a need for an efficient, optimal and reliable control of the combined infrastructure. The article presents a flexible, configurable microgrid's resources control system, which executes the task of meeting the electricity demand of...
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Closing the gap – the opportunity for sustainability and smart transition in the Central and East Europe countries
PublicationFor almost half a century the countries of CEE were part of- or were remaining under the influence of- the Soviet Union what caused gaping difference in the starting line towards sustainability. Here the prefabricated concrete blocks of flats were being built at the scale unseen in the western countries. Those buildings, approximately a quarter of the residential market, are in a structurally sound condition to last another five...
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Down-Sampling of Large LiDAR Dataset in the Context of Off-Road Objects Extraction
PublicationNowadays, LiDAR (Light Detection and Ranging) is used in many fields, such as transportation. Thanks to the recent technological improvements, the current generation of LiDAR mapping instruments available on the market allows to acquire up to millions of three-dimensional (3D) points per second. On the one hand, such improvements allowed the development of LiDAR-based systems with increased productivity, enabling the quick acquisition...
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International trade and containerization - certain trends after the financial crisis of 2007-2008
PublicationThe following article presents the situation on international trade and the global maritime container transport market after the financial crisis of 2007-2008. In the first part the author focuses on describing the specifics of containerization in global trade. The following parts include characteristic of container terminal operators and shipping lines. Finally, significant changes in the global container handling market after...
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EXCHANGE TRADED COMMODITIES AS A CATEGORY OF INNOVATIVE PRODUCTS ON EUROPEAN FINANCIAL MARKETS
PublicationThe article presents the main features of one category of innovative financial products – exchange traded commodities (ETCs) and results of the analysis of the European market for ETCs. ETCs are products listed and traded on the stock exchanges and they offer investors returns based on various assets (commodities or currencies). In contrast with the most widely recognized exchange traded funds (ETFs), ETCs are structured as debt...
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Continuous learning as a method of raising qualifications – the perspective of workers, employers and training organizations
PublicationContinuous learning is discussed in strategic documents of Poland and the European Union. In Poland, the idea of continuous learning is not very popular. However, in the context of strong competition in the labour market and the progressive globalization processes, the skills issue takes on new meaning — both for employees and employers. In order to adapt skills to labour market needs it is necessary to conduct adequate studies...
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Hedging Strategies of Derivatives Instruments for Commodity Trading Entities
PublicationHedging as an outcome of risk management arises to account several questions. Mentioned aspect of size of the hedging is one of them. Latter questioning refers to whether producer of manufacturer are willing to secure entire exposure, when the hedging should start, now or later in the future, what is the vision on market like direction of market, time of interest, magnitude of exposure, what would be the preferred instruments of...
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Exchange-traded products in Germany: development and substitution of exchange-traded funds, exchange-traded commodities and exchange-traded notes.
PublicationResearch background: Exchange-traded products (ETPs) are one of the most rapidly growing categories of financial products. Their fast development has been boosted by innovative features. Three main categories of ETPs are exchange-traded funds (ETFs), exchange-traded commodities (ETCs) and exchange-traded notes (ETNs). ETCs and ETNs remain least known, even though their number on some stock exchanges is high. In Europe, Germany...
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Delivery of Ancillary Services in Distribution Power Systems
PublicationOne of the technical and organizational challenges the power system faces in deregulated market conditions is to organize an ancillary services market. The growing share of distributed generation of variable (intermittent) energy sources and a change in the market position of consumers, causes the demand for distributed delivery of ancillary services. For this purpose, it is sought to use the ability of the regulatory measures:...
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Evaluation of Machine Learning Methods for the Experimental Classification and Clustering of Higher Education Institutions
PublicationHigher education institutions have a big impact on the future of skills supplied on the labour market. It means that depending on the changes in labour market, higher education institutions are making changes to fields of study or adding new ones to fulfil the demand on labour market. The significant changes on labour market caused by digital transformation, resulted in new jobs and new skills. Because of the necessity of computer...
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Investing in wine, precious metals and G-7 stock markets – A co-occurrence analysis for price bubbles
PublicationThis paper used the GSADF test to determine the periods defined in this paper as price bubbles in the three markets studied, i.e. the investment wine market, precious metal market and national stock market indices of G-7 countries. The results obtained enabled the calculation of the values of the phi correlation coefficients, which served the research objective of assessing the co-occurrence of price bubbles in the markets analysed....
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The Impact of a New Product’s Novelty and Meaningfulness on its Commercial Performance
Publications new product development (NPD) process encompasses creative actions, so a new product is characterized by two essential dimensions used to describe any creative output – namely novelty and meaningfulness. Therefore, businesses are faced with the questions to what extent and under what market conditions to develop each of these dimensions in order to obtain high new product commercial performance. Based on gaps indentified in the...
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The International Mercury Cartel, 1928–1954: Controlling Global Supply
PublicationThis article describes the features of the international mercury marketduringthe firsthalfofthetwentiethcentury.Itanalyzes the various market agreements made, their effectiveness, and their consequences. The period studied is little understood, although it was one in which mercury production greatly increased. It was also one that saw persistent efforts at market manipulation, owing to a series of agreements between Spanish and...
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Comparative Analysis of Reactive Power Compensation Devices in a Real Electric Substation
PublicationA constant worldwide growing load stress over a power system compelled the practice of a reactive power injection to ensure an efficient power network. For this purpose, multiple technologies exist in the knowledge market out of which this paper emphasizes the usage of the flexible alternating current transmission system (FACTS) and presents a comparative study of the static var compensator (SVC) with the static synchronous compensator...
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MEMS Technology Quality Requirements as Applied to Multibeam Echosounder
PublicationSmall, lightweight, power-efficient, and low-cost microelectromechanical system (MEMS) inertial sensors and microcontrollers, available in the market today, help reduce the instability of Multibeam Sonars. Current MEMS inertial measurement units (IMUs) come in many shapes, sizes, and costs — depending on the application and performance required. Although MEMS inertial sensors offer affordable, appropriately scaled units, they are...
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Tinnitus Therapy Based on High-Frequency Linearization
PublicationThe aim of this work was to present problems related to tinnitus symptoms, its pathogenesis, hypotheses on tinnitus causes, and therapy treatments to reduce or mask the phantom noise. In addition, the hypothesis on the existence of parasitic quantization that accompanies hearing loss was recalled. The paper contains a description of experiments carried out with the application of high-frequency dither having specially formed spectral...
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The Impact of ICTs on Women’s Economic Empowerment
PublicationIt is widely argued that ICTs enable the inclusion of low-skilled and traditionally marginalized groups, such as women, people with disabilities, and workers at the base of the pyramid (BoP), in the labor market. In this paper, we investigate the determinants of female participation in the labor market in developing countries with a focus on the impact of the use of ICTs on female labor force participation. We conduct a panel study...
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The impact of ICTs on women’s economic empowerment
PublicationIt is widely argued that ICTs enable the inclusion of low-skilled and traditionally marginalized groups, such as women, people with disabilities, and workers at the base of the pyramid (BoP), in the labor market. In this paper, we investigate the determinants of female participation in the labor market in developing countries with a focus on the impact of the use of ICTs on female labor force participation. We conduct a panel study...
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Opinions and view of entrepreneurs regerding the single european Market-Analytical Model. W: Entrepreneurship and small business development in the21st century. Przedsiębiorczość i rozwój małych i średnich przedsiebiorstww XI wieku. Ed. B. Piasecki. Łódź: Uniw. Łódź**2002 s. 109-117.**2002 s. 109 - 117 Opinie i poglądy przedsiębiorców na temat Jednolitego Rynku Europejskiego - model analityczny.
PublicationArtykuł zawiera propozycje modelu czynników kształtujących świadomość pol-skich przedsiębiorców odnośnie szans i zagrożeń w związku z otwarciem gospodarki Polski na Jednolitu Rynek Europejski. Model ten musi być wykorzystany przy projektowaniu badań opinii i poglądów przedsiębiorców.
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Changing patterns in export of goods versus international competitiveness. A comparative analysis for Central-East European countries in the period 2000-2011.
PublicationThis paper discusses the existing links between changing patterns in the export of goods, broken down by technology-intensity, versus intrenational competitiveness. The study covers nine Central-East European (CEE) economies: Bulgaria, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania and the Slovak Republic, in the time span 2000-2011. We examine the hypothesis of a strong, positive and statistically significant...
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lLmondo globale
PublicationLo globalizzazione e i BRICS - Lo svilu the economic development of East Asia- The commodities market
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STUDY OF SEASONAL ACOUSTIC PROPERTIES OF SEA WATER IN SELECTED WATERS OF THE SOUTHERN BALTIC
PublicationClimate Research of the globe is a current task, in particular to confirm the general hypothesis of global warming associated with an increase in average temperature. The sea acoustic climate is derived from the concept of climate and refers to the conditions of propagation of acoustic waves in a particular basin. In this paper, the results of systematic measurements of temperature, salinity and velocity distributions of sound...
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WEB-CAM AS A MEANS OF INFORMATION ABOUT EMOTIONAL ATTEMPT OF STUDENTS IN THE PROCESS OF DISTANT LEARNING
PublicationNew methods in education become more popular nowadays. Distant learning is a good example when teacher and student meet in virtual environment. Because interaction in this virtual world might be complicated it seems necessary to assure as much methods of conforming that student is still engaged in the process of learning as it is possible. We would like to present assumption that by means of web-cam we will be able to track facial...
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Internationalization and Europeanization of Businesses in the Single European Markets
PublicationThe aim of the article is to determine internationalization and Europeization of businesses in the Single European Market, especially the territorial scope of their international activities
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The Touristification of Italian Historic City Centres: The Lesson for Central Europe about the Airbnb Eruption
PublicationThe unparalleled scale of the recent growth in tourism – the rise of the number of temporary visitors – could not have emerged without the impact on other socio‑economic aspects, namely, a change on the part of the destinations. Especially historic city centres are vulnerable to such an impact that could be manifested through diverse transformations of public space usage, housing market economics, availability of services, employment...
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AI-powered Digital Transformation: Tools, Benefits and Challenges for Marketers – Case Study of LPP
PublicationThe article aims to show the role (benefits and challenges) of AI-powered digital marketing tools for marketers in the age of digital transformation. The considerations were related to the Polish market and a case study of LPP, a Polish clothing retailer. The starting point for this study was the analysis of the literature on the concept of artificial intelligence (AI) with reference to digital marketing. In the next steps, the...
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Fertility rebound and economic growth. New evidence for 18 countries over the period 1970-2011.
PublicationLong-run impact of economic growth on fertility trends is ambiguous and sensitive for in-time variations. Noticeably, over last decades, economic growth has led in many countries to significant falls in total fertility rates. However, recently, in high-income economies a kind of ‘fertility rebound’ emerged (Goldstein, 2009; Luci and Thevenon, 2011; Day, 2012), which supports the hypothesis that reversal trends in total fertility...
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Gender as a moderator between Present-Hedonistic time perspective and depressive symptoms or stress during COVID-19 lock-down
PublicationAlthough numerous studies have addressed the impact of the COVID-19 lock-downs on psychological distress, scarce data is available relating to the role of Present-Hedonistic (PH) time perspective and gender differences in the development of depressive symptoms and stress during the period of strict social distancing. We hypothesized that gender would moderate the relationship between PH and depressiveness or stress levels, such...
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Digital Gaps and Economic Inequalities in MENA Countries: An Empirical Investigation
PublicationThis research contributes to the present state of the art by examining changes in cross-country inequalities in digital technologies deployment and economic performance. Our empirical target builds on the hypothesis that rapid global diffusion of digital technologies unequivocally leads to gradual eradication of cross-country digital gaps and cross-country inequalities in terms of deployment of ICT; the technology convergence occurs....
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Dynamic load balancing with data partitioning for efficient paralel compu-ting.**2003, 227 s. 214 rys. 9 tab. bibliogr. 160 poz. maszyn. Rozprawa doktorska /14.01.2003/ Wydz. ETI Promotor: prof. dr hab. inż. H. Krawczyk. Dynamiczne równoważenie obciążenia z podziałem danych dla efektywnego prze-twarzania równoległego.
Publication...
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Gesture-controlled Sound Mixing System With a Sonified Interface
PublicationIn this paper the Authors present a novel approach to sound mixing. It is materialized in a system that enables to mix sound with hand gestures recognized in a video stream. The system has been developed in such a way that mixing operations can be performed both with or without visual support. To check the hypothesis that the mixing process needs only an auditory display, the influence of audio information visualization on sound...
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Oznaczanie tlenu – od metody Winklera do czujników enzymatycznych (Determination of oxygen – from Winkler Method to enzymatic sensor)
PublicationMonitoring of dioxygen levels is of utmost importance from the view-point of life processes, medical diagnostics, nutrition and chemical industries. In all these measurements both low and high levels of this element are important. The common methods for the determination of dioxygen are the Winkler method, Clark electrode and pulsoxymeters. A new, already strong field of research can be now recognized – the development of miniaturized...
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Systematic Assessment of Product Quality
PublicationThe article describes an innovative metrizable idea for systemic assessments of product quality within the baking industry. Complex product quality analysis requires the employment of metrizability criteria for factors that impact the quality of the product, and these are called determinants. Therefore, such analysis is only possible with the use of systems engineering. A system represents the potential of a manufacturing process,...
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Trouble in Paradise? Barriers to Open Innovation in Regional Clusters in the Era of the 4th Industrial Revolution
PublicationThe purpose of this paper is to provide an insight into the barriers faced by clusters as open innovation intermediaries. Literature review and an empirical study were performed, involving a nation-wide survey, case studies, and in-depth interviews with cluster actors involved in open innovation activities. This article conceptually links open innovation and clusters in the context of the fourth industrial revolution, empirically...
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Nexus between stock markets, economic strength, R&D and environmental deterioration: new evidence from EU-27 using PNARDL approach
PublicationThis research investigates the impact of stock market indices, economic strength, and research and development expenditures on environmental deterioration in the EU-27 countries for the period 2000–2020. This study utilized linear and non-linear panel ARDL to estimate the short- and long-run effect. According to the results, the stock market indices have negative effect on environmental deterioration in the symmetric form. However,...
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New trends in a development of the contemporary lighting forms within the urban environment
PublicationThis paper presents selected issues on the design of urban lighting forms including street luminaires within the urban environment. The purpose of this paper is to show the evolution of urban lighting forms, in terms of their performance, character, and in the context of the progression of new lighting technologies. The authors discuss chosen aspects related to the development of lighting forms and the changing role of lighting...
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Experimental investigation of joint with positive eccentricity in CFS truss
PublicationDue to technological restrictions, in the case of trusses made of CFS open cross-sections, positive eccentricities in the truss joints have become very frequent. Therefore studies concerning the load-bearing capacity of truss joints with positive eccentricity were undertaken. It was assumed that the resistance of cold-formed steel (CFS) open cross-section truss joints located on compression chords and with positive eccentricity...
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Seaport equipment and facilities. An offer for today, an investment for the future
PublicationIn order to meet customers' requirements and to adapt to the changing market, producers of port equipment try to provide more and more automated solutions containing future-oriented options.
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The influence of climate change on the life insurance in the EU: A panel data approach
PublicationThe financial sector, as one of the most sensitive economic sectors, is alert to all trends and changes in the environment. The aim of the article is to study the impact of climate change on the life insurance market using panel data from 28 countries of the European Union (EU) for the last 9 years. This study is based on a panel model, where the amount of premiums under life insurance contracts is defined as a function of the...
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The accuracy of alternative stock valuation methods – the case of the Warsaw Stock Exchange
PublicationThe main aim of this article is to examine the accuracy of different methods of share valuation used by Polish analysts in reports prepared in order to issue recommendations for companies listed on the Warsaw Stock Exchange. In the literature on the subject, the view which prevails is that the more sophisticated methods, i.e. those taking into account the discounting process, are characterised by higher valuation accuracy. However,...
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Sectors in Poland - Patterns of Concentration
PublicationThe main aim of the paper presented below, is to analysefrom theoretical point of view market concentration as economicproblem. The authors come out of defining market concentration, theypresent basic concentration measures, and characterize sectors onPoland on that ground. In the empirical part, the authors haveanalysed patterns of concentration of 35 sectors in Poland in timeperiod 1997-2006. We draw on recently made available...
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Exchange-Traded Funds in Europe
PublicationExchange-Traded Funds in Europe provides a single point of reference on a diverse set of regional ETF markets, illuminating the roles ETFs can play in risk mitigation and speculation. Combining empirical data with models and case studies, the authors use diffusion models and panel/country-specific regressions—as well as graphical and descriptive analyses— to show how ETFs are more than conventional, passive investments. With new...
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Does one currency mean one price? An analysis of the euro effect on price dispersion and convergence
PublicationThis paper examines price differentials in the European Union to investigate whether the European Monetary Union has lowered the degree of price dispersion in the euro zone and increased the speed of price convergence. Both euro effects are evaluated using difference-in-difference methodology. Applied to the issue of introducing a single currency, the euro effects identified are the estimated differences in price dispersion and...
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The smoothness test for a density function
PublicationThe problem of testing hypothesis that a density function has no more than μ derivatives versus it has more than μ derivatives is considered. For a solution, the L2 norms of wavelet orthogonal projections on some orthogonal ‘‘differences’’ of spaces from a multiresolution analysis is used. For the construction of the smoothness test an asymptotic distribution of a smoothness estimator is used. To analyze that asymptotic distribution,...
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Wpływ wysokiej osteotomii piszczelowej na mechanikę stawu kolanowego
PublicationW rozprawie podjęto próbę weryfikacji wpływu zabiegu chirurgicznego wysokiej osteotomii piszczelowej na mechanikę stawu kolanowego. Po wykonanym przeglądzie literatury, postawiono trzy hipotezy, które poddano weryfikacji na drodze badań numerycznych. Otrzymane wyniki zwalidowano poprzez badania nacisków powierzchniowych występujących w stawach kolanowych świni domowej, prowadzonych na maszynie do jednoosiowego ściskania. Praca...
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Method of selecting programming practices for the safety-critical software development projects
PublicationIn recent years a plan-driven approach traditionally used in safety-critical software development has been put to a test by rapidly changing technologies, more diverse group of clients and volatile market requirements. The need to deliver good quality systems, faster and at lower cost in comparison to competitors encouraged companies to look for more efficient solutions. Agile methodologies are known to successfully address these...
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The impact of bankruptcy regimes on entrepreneurship and innovation. Is there any relationship?
PublicationThe literature review indicates that bankruptcy law may play an important role in and be one of the factors infuencing the development of entrepreneurship, innovation, and thus economic growth, among other things. In previous studies, the analysis of the impact of bankruptcy law on individual variables has been conducted independently. Our aim was to conduct a holistic analysis, taking several factors into account simultaneously....
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Dependence of Housing Real Estate Prices on Inflation as One of the Most Important Factors: Poland’s Case
PublicationThe study aimed to examine the impact of inflation on the real estate market using Polish panel data for the last 13 years. It is based on a panel model, where price changes of one square meter of housing are determined as a function in changes of inflation, the central bank's base rate, dwellings built, as well as new mortgage loans. The quarterly dynamics of the average price of 1 square meter of housing in...
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Employment of University Graduates in the Era of Digitalization and Artificial Intelligence: Challenges and Prospects
PublicationDigital technologies are profoundly reshaping the labor market, causing structural shifts in the economy and altering the nature of work. These changes have significant implications for youth employment, exacerbating the issue of unemployment. This paper delves into the importance of graduate employment in contemporary society, with a particular focus on the influence of digital technologies and Artificial Intelligence. The authors...