Polish financial sector in the transformation period: foreign direct investments
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Keywords

copula function
GARCH model
conditional copula
DCC-MVGARCH
dynamic conditional copula
bootstrap

Abstract

Foreign direct investments (FDI) play both a fundamental and instrumental role in the transformation process. This was at least the truth with regard to the post-Soviet Central and East European economies including Poland. It provided necessary capital, know-how, new markets and market conduct spirit, characteristic for the market economy

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