The Role of the Exchange Rate in Poland’s Economy. The Empirical Verification of the Dornbusch Model During the Period of 2007 to 2009

• Authors: Bilski, Janusz

Abstracts

EN

The paper aims to statistically verify the assumptions of the Dornbusch model in Poland’s economy in the years from 2007 to 2009. The study determines the role of the exchange rate in achieving equilibrium in the financial market in Poland and the effectiveness of the exchange rate adjustment mechanism: the rate – price in achieving the equilibrium of trade balance. The conclusions allow us to formulate recommendations as regards the role of the exchange rate in economic policy, which has a significant meaning in the process of Poland’s accession to the euro zone.

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Acta Universitatis Lodziensis. Folia Oeconomica
• Year: 2010
• Volume: 239

Dates

published

2010

Contributors

author

Bilski, Janusz

other

Uniwersytet Łódzki; Wydział Ekonomiczno-Socjologiczny; Katedra Międzynarodowych Stosunków Gospodarczych

Identifiers

URI

http://hdl.handle.net/11089/412