Krzysztof Makarski

National Bank of Poland

00-919 Warsaw

Poland

Warsaw School of Economics (SGH)

aleja Niepodleglosci 162

PL-Warsaw, 02-554

Poland

SCHOLARLY PAPERS

21

DOWNLOADS

1,428

SSRN CITATIONS
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in Total Papers Citations

31

CROSSREF CITATIONS

14

Scholarly Papers (21)

1.

The Macroeconomic Effects of Losing Autonomous Monetary Policy after the Euro Adoption in Poland

National Bank of Poland Working Paper No. 58
Number of pages: 46 Posted: 02 Feb 2011
Michal Gradzewicz and Krzysztof Makarski
National Bank of Poland and National Bank of Poland
Downloads 200 (251,634)
Citation 3

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Monetary Policy, EMU Accession Countries, Euro

2.

Macroprudential Policy Instruments and Economic Imbalances in the Euro Area

ECB Working Paper No. 1589
Number of pages: 37 Posted: 10 Oct 2013
Michal Brzoza-Brzezina, Marcin Kolasa and Krzysztof Makarski
National Bank of Poland, Warsaw School of Economics (SGH) and National Bank of Poland
Downloads 147 (327,821)
Citation 17

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euro-area imbalances, macroprudential policy, DSGE with banking sector

3.

The Anatomy of Standard DSGE Models with Financial Frictions

Bank of Poland Working Paper No. 80
Number of pages: 41 Posted: 20 Apr 2011
Michal Brzoza-Brzezina, Marcin Kolasa and Krzysztof Makarski
National Bank of Poland, Warsaw School of Economics (SGH) and National Bank of Poland
Downloads 131 (358,682)
Citation 22

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financial frictions, DSGE models, business cycle accounting

4.

Monetary Policy in a Non-Representative Agent Economy: A Survey

National Bank of Poland Working Paper No. 95
Number of pages: 53 Posted: 20 Sep 2011 Last Revised: 08 Jul 2016
National Bank of Poland, Warsaw School of Economics (SGH), National Bank of Poland, National Bank of Poland and National Bank of Poland
Downloads 124 (373,768)
Citation 4

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heterogeneous agents, monetary policy

Monetary and Macroprudential Policy with Foreign Currency Loans

ECB Working Paper No. 1783
Number of pages: 35 Posted: 21 Jun 2015
Michal Brzoza-Brzezina, Marcin Kolasa and Krzysztof Makarski
National Bank of Poland, Warsaw School of Economics (SGH) and National Bank of Poland
Downloads 83 (495,677)
Citation 1

Abstract:

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DSGE models with banking sector; foreign currency loans; monetary and macroprudential policy

Monetary and Macroprudential Policy with Foreign Currency Loans

Number of pages: 34 Posted: 19 Aug 2015
Michal Brzoza-Brzezina, Marcin Kolasa and Krzysztof Makarski
National Bank of Poland, Warsaw School of Economics (SGH) and National Bank of Poland
Downloads 36 (742,803)
Citation 4

Abstract:

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foreign currency loans, monetary and macroprudential policy

6.

Credit Crunch in a Small Open Economy

National Bank of Poland Working Paper No. 75
Number of pages: 52 Posted: 23 Jan 2011 Last Revised: 30 Jan 2011
Michal Brzoza-Brzezina and Krzysztof Makarski
National Bank of Poland and National Bank of Poland
Downloads 114 (397,404)
Citation 3

Abstract:

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credit crunch, monetary policy, DSGE with banking sector

7.

Assessing Macro-Financial Linkages: A Model Comparison Exercise

National Bank of Poland Working Paper No. 110
Number of pages: 44 Posted: 16 Apr 2012
affiliation not provided to SSRN, Sveriges Riksbank, Deutsche Bundesbank - Research Centre, Warsaw School of Economics (SGH), De Nederlandsche Bank, Bank of Italy, National Bank of Poland and European Central Bank (ECB)
Downloads 80 (501,620)
Citation 3

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financial frictions, credit constraints, financial accelerator, model comparison, Eurosystem Central Bank models

8.

Macroprudential Policy and Imbalances in the Euro Area

National Bank of Poland Working Paper No. 138
Number of pages: 38 Posted: 09 Feb 2013
Michal Brzoza-Brzezina, Marcin Kolasa and Krzysztof Makarski
National Bank of Poland, Warsaw School of Economics (SGH) and National Bank of Poland
Downloads 64 (567,052)
Citation 6

Abstract:

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Euro-area imbalances, macroprudential policy, DSGE with banking sector

9.

Would it Have Paid to Be in the Eurozone?

National Bank of Poland Working Paper No. 128
Number of pages: 34 Posted: 22 Dec 2012
National Bank of Poland, National Bank of Poland and National Bank of Poland
Downloads 60 (585,291)
Citation 1

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optimum currency area, euro-area accession, emerging market

10.

A Penalty Function Approach to Occasionally Binding Credit Constraints

NBP Working Paper No. 159
Number of pages: 48 Posted: 09 Nov 2013
Michal Brzoza-Brzezina, Marcin Kolasa and Krzysztof Makarski
National Bank of Poland, Warsaw School of Economics (SGH) and National Bank of Poland
Downloads 50 (636,721)
Citation 2

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financial frictions, DSGE models, occasionally binding constraints, penalty function

11.

Evaluating Welfare and Economic Effects of Raised Fertility

IZA Discussion Paper No. 12272
Number of pages: 37 Posted: 21 May 2019
Krzysztof Makarski, Joanna Tyrowicz and Magda Malec
National Bank of Poland, University of Warsaw and affiliation not provided to SSRN
Downloads 48 (647,970)

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fertility, welfare, natalistic policies, overlapping generations model

12.

Political (In)Stability of Social Security Reform

Netspar Discussion Paper No. 01/2016-004
Number of pages: 28 Posted: 03 Feb 2016
Krzysztof Makarski and Joanna Tyrowicz
National Bank of Poland and National Bank of Poland
Downloads 48 (647,970)

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pension system reform, time inconsistency, welfare

13.

Assessing Macro-Financial Linkages: A Model Comparison Exercise

Bundesbank Discussion Paper No. 02/2012
Number of pages: 56 Posted: 21 Jun 2016
Deutsche Bundesbank, Sveriges Riksbank, Deutsche Bundesbank - Research Centre, Warsaw School of Economics (SGH), De Nederlandsche Bank, Bank of Italy, National Bank of Poland and European Central Bank (ECB)
Downloads 45 (665,365)
Citation 1

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Financial Frictions, Credit Constraints, Financial Accelerator, Model Comparison, Eurosystem central bank models

14.

Crisis, Contagion and International Policy Spillovers Under Foreign Ownership of Banks

National Bank of Poland Working Paper No. 231
Number of pages: 36 Posted: 07 Jul 2016
Michal Brzoza-Brzezina, Marcin Kolasa and Krzysztof Makarski
National Bank of Poland, Warsaw School of Economics (SGH) and National Bank of Poland
Downloads 41 (689,953)

Abstract:

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foreign-owned banks, monetary and macroprudential policy, international spillovers, DSGE models with banking

15.

Dollarization as a Signaling Device

National Bank of Poland Working Paper No. 63
Number of pages: 25 Posted: 24 Jan 2011
Krzysztof Makarski
National Bank of Poland
Downloads 36 (723,335)

Abstract:

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dollarization, monetary policy

16.

On Welfare Effects of Increasing Retirement Age

IZA Discussion Paper No. 11441
Number of pages: 24 Posted: 12 Apr 2018
Krzysztof Makarski and Joanna Tyrowicz
National Bank of Poland and National Bank of Poland
Downloads 35 (730,312)

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longevity, PAYG, retirement age, pension system reform, welfare

17.

Inequality in an OLG Economy with Heterogeneous Cohorts and Pension Systems

IZA Discussion Paper No. 11621
Number of pages: 36 Posted: 09 Jul 2018
Joanna Tyrowicz, Krzysztof Makarski and Marcin Bielecki
National Bank of Poland, National Bank of Poland and University of Warsaw
Downloads 34 (737,306)

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consumption, wealth, inequality, longevity, defined contribution, defined benefit

18.

Efficiency Versus Insurance: Capital Income Taxation and Privatizing Social Security

IZA Discussion Paper No. 14805
Number of pages: 48 Posted: 19 May 2022
Krzysztof Makarski, Joanna Tyrowicz and Oliwia Komada
National Bank of Poland, University of Warsaw and University of Bordeaux - GRAPE
Downloads 20 (850,838)

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longevity, capital income taxation, social security reform, fiscal policy, welfare effects

19.

Progressing Towards Efficiency: The Role for Labor Tax Progression in Reforming Social Security

IZA Discussion Paper No. 15100
Number of pages: 40 Posted: 19 May 2022
Krzysztof Makarski, Joanna Tyrowicz and Oliwia Komada
National Bank of Poland, University of Warsaw and University of Bordeaux - GRAPE
Downloads 19 (859,931)

Abstract:

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social security reform, labor income tax, redistribution, insurance, welfare effects

20.

The Political (In)Stability of Funded Social Security

IZA Discussion Paper No. 14765
Number of pages: 66 Posted: 19 May 2022 Last Revised: 14 Apr 2023
Roel Beetsma, Oliwia Komada, Krzysztof Makarski and Joanna Tyrowicz
University of Amsterdam, University of Bordeaux - GRAPE, National Bank of Poland and University of Warsaw
Downloads 11 (936,870)

Abstract:

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asset capture, pay-as-you-go, funding, social security, majority vote, welfare

21.

Preference for Redistribution During Structural Change with Labor Mobility Frictions

IZA Discussion Paper No. 15613
Number of pages: 24 Posted: 08 Oct 2022 Last Revised: 29 Nov 2022
Krzysztof Makarski and Joanna Tyrowicz
National Bank of Poland and University of Warsaw
Downloads 2 (1,012,637)

Abstract:

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labor mobility frictions, structural change, redistribution