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Catalog Publications

Year 2021
  • Bifractal receiver operating characteristic curves: a formula for generating receiver operating characteristic curves in credit-scoring contexts

    This paper formulates a mathematical model for generating receiver operating characteristic (ROC) curves without underlying data. Credit scoring practitioners know that the Gini coefficient usually drops if it is only calculated on cases above the cutoff. This fact is not a mathematical necessity, however, as it is theoretically possible to get an ROC curve that keeps the same Gini coefficient no matter how big a share of lowest...

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  • Deep Learning
    Publication

    - Year 2021

    Deep learning (DL) is a rising star of machine learning (ML) and artificial intelligence (AI) domains. Until 2006, many researchers had attempted to build deep neural networks (DNN), but most of them failed. In 2006, it was proven that deep neural networks are one of the most crucial inventions for the 21st century. Nowadays, DNN are being used as a key technology for many different domains: self-driven vehicles, smart cities,...

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  • Deep Learning: A Case Study for Image Recognition Using Transfer Learning
    Publication

    - Year 2021

    Deep learning (DL) is a rising star of machine learning (ML) and artificial intelligence (AI) domains. Until 2006, many researchers had attempted to build deep neural networks (DNN), but most of them failed. In 2006, it was proven that deep neural networks are one of the most crucial inventions for the 21st century. Nowadays, DNN are being used as a key technology for many different domains: self-driven vehicles, smart cities,...

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  • Eurozone or National Inflation Projections: Which has Greater Impact on Consumer Expectations?
    Publication

    - PANOECONOMICUS - Year 2021

    We compare the dependence of consumer inflation expectations on European Central Bank (ECB) inflation projections with that on national central bank (NCB) projections in four economies: Austria, Belgium, Finland, and Germany. We aim to assess whether the information published by central banks affects consumers, and whether inflation projections published by NCBs are more relevant to consumers than those published for the entire...

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  • Implementation of the Concept of Flexicurity in the Selected Countries of Central Eastern Europe
    Publication

    The CEE countries have to create their own flexicurity policies which would take into account the employment policy guidelines, cultural traditions and socio-economic development. The aim of this article is to examine and evaluate the implementation of the flexicurity concept on the basis of the adopted set of composite indicators. The study covers 9 countries of the CEE region, and the research period covers the years 2007 and 2013....

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  • LE STIME ECONOMICHE DELLA CIA E L’IMPREVEDIBILE FINE DELL’URSS
    Publication

    - Studi Storici - Year 2021

    In this article, we will analyze the debate that took place around the assessments that the CIA gave of the economic situation in the Soviet Union, a clearly decisive key to understanding the overall health of the main political-military opponent of the United States. The article will include the discussions that flared up in the American political establishment starting in 1990, after the fall of the Berlin Wall and the initial...

  • New patterns in the position of CEE countries in global value chains: functional specialisation approach
    Publication

    Research background: High servitisation of manufacturing makes it impossible to separate services from manufactured goods properly, which implies difficulties in the assessment of the position of the country on the smile curve, i.e. in the proper assignment of products or services to one of the industrial process steps: pre-production, pure fabrication or post-production services. Therefore, we propose to use the business functions...

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  • Relative Productivity, Country Size and Export Diversification

    This paper analyses the effects of productivity and country size on the extent of trade structure diversification. Using a testable version of the Ricardian model, we show that relative export variety is an outcome of two forces: a relative productivity change (technological progress) and a relative country size change (labour force growth). The model predictions are validated empirically using product-level trade data for a sample...

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  • Reshaping financial systems: The role of ICT in the diffusion of financial innovations – Recent evidence from European countries

    Exchange-traded funds (ETFs) are among the fastest-growing types of innovative financial products. The emergence and spread of these instruments have been facilitated by the digital revolution. Information and communication technology (ICT) is profoundly reshaping the global economic landscape, laying solid foundations for unrestricted and unbounded flows of information and knowledge, eliminating information asymmetries, and furthering...

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  • Shadow Economy in Poland Recent Evidence Based on Survey Data
    Publication

    - Year 2021

    The book provides an estimate of the size of the shadow economy in Poland. Using analogous data, it traces core determinants of the existence of the shadow economy in Poland. It compares results with neighbouring countries, and if possible, the remaining Central-Eastern economies. The book tells why the problem of the unreported economic activity matters; it presents the problem from different angles―economic, social and institutional....

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  • The Determinants of False Self-Employment: A Survey of Polish Enterprises
    Publication

    The main goal of this article is to advance the emergent research on tax evasion in Poland in the form of false self-employment (FSE), in particular to identify its causes. The dependent character of some self-employed workers is a big problem in the Polish economy, which has been completely unexplored because of the lack of available data. In this article, we use data from a survey of Polish companies. Our empirical results show...

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  • The Opening of Central and Eastern European Countries to Free Trade: A Critical Assessment
    Publication

    Three decades after the fall of the Berlin wall and one and a half decades after the Big Bang enlargement of the European Union (2004-2007), we revisit contrasting narratives about the benefit of both free trade and the EU enlargement for Central and Eastern European (CEE) countries. We distinguish old, pre-2004 EU countries from CEE countries that joined the EU in 2004-2007, as well as from the CEE countries that have not become...

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  • The ownership dimension in GVCs: a case of CEE countries
    Publication

    - Year 2021

    This paper aims to assess the impact of firms' ownership on countries' involvement in global production networks, e i. on their backward or forward GVC participation. We focus on the eight selected CEE countries which in 2004 accessed the UE the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia, and Slovenia. Based on WIOD (Timmer et al. 2015) & AMNE ICIO (Cadestin et al. 2018) databases and use the...

  • Train the trainer course
    Publication

    - Year 2021

    This chapter presents the concept, evaluation and evaluation results for the train the trainer. This concept of train the trainers is prepared within Workpackage 5 of EU-funded project: MASTER BSR (Erasmus+ Strategic Partnership Programme). Due to the nature of adult learning the content is designed for the use of participatory methods (involved, active). This method uses various techniques of active learning e.g. group work,...

  • Working Conditions in Global Value Chains: Evidence for European Employees

    This article investigates a sample of almost nine million workers from 24 European countries in 2014 to conclude how involvement in global value chains (GVCs) affects working conditions. We use employer–employee data from the Structure of Earnings Survey merged with industry-level statistics on GVCs based on the World Input-Output Database. Given the multidimensional nature of the dependent variable, we compare estimates of the...

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Year 2020