List of publications, in descending chronological order in each section
Articles in refereed journals of international circulation
Charemza, W., R. Strachan and P. Żurawski ‘False posteriors and Bayesian averaging of empirical
estimates: a reinterpretation of the long-term growth determinants’, Economics Letters 109,
2010, 144-146.
Charemza, W. and S. Makarova ‘Nonlinear inflationary persistence and growth: theory and empirical
comparative analysis’, Romanian Journal of Economic Forecasting 10, no.2, 2009, pp. 5-22.
Charemza, W. S. Makarova, Ya. Prytula, J. Raskina and Y. Vymyatnina ‘A small forward-looking
inter-country model (Belarus, Russia and Ukraine)’, Economic Modelling 26, 2009, pp. 11721183.
Charemza, W. and S. Makarova: ‘Ex-ante dynamics and real effects of monetary policy: theory and
evidence for Poland and Russia, 2001-2003’, Comparative Economic Studies 48, 2006, pp 458479.
Charemza, W., D. Hristova and P. Burridge: ‘Is inflation stationary?’, Applied Economics 37, 2005, pp.
901-903.
Charemza, W., M. Lifshits and S. Makarova: ‘Conditional testing for unit-root bilinearity in financial
time series: some theoretical and empirical results’, Journal of Economic Dynamic and Control
29, 2005, pp. 63-96.
Charemza, W., and S. Makarova ‘Deciding between the deterministic and bilinear unit root models’,
Austrian Journal of Statistics 34, 2005, pp. 79-89.
Charemza, W., M. Lifshits and S. Makarova: ‘Conditional testing for unit-root bilinearity in financial
time series: some theoretical and empirical results’, Journal of Economic Dynamic and Control
29, 2005, pp. 63-96.
Charemza, W., and Z. Kominek: ‘Speculative processes and stable distributions: some simulation
results’, Applied Economics Letters 10, 2003, pp. 69-72.
‘Charemza, W., M. Lifshits and S. Makarova: ‘Conditional testing for unit-root bilinearity in financial
time series: some theoretical and empirical results’, Journal of Economic Dynamic and Control
29, 2005, pp. 63-96.
Charemza, W., M. Blangiewicz: ‘East European economic reform: some simulations on a structural
VAR model’, Journal of Policy Modeling 23, 2001, pp. 147-160. Earlier version published in
the same journal, 21, 1999, pp. 535-557.
Charemza, W. and E. Majerowska: ‘Regulation of the Warsaw Stock Exchange: the portfolio
allocation problem’, Journal of Banking and Finance 24, 2000, pp. 555-526.
Charemza, W. and E. Syczewska, ‘Joint application of the Dickey-Fuller and KPSS tests’, Economics
Letters 61, 1998, pp. 17-21.
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Charemza, W.: ‘Detecting explosive bubbles on an East European foreign exchange market: an
estimation/simulation approach', Structural Change and Economic Dynamics 7, 1996, pp. 3553.
Charemza, W.: ‘Unit root econometrics and economic nonlinearities', Journal of Statistical Planning
and Inference 49, 1996, pp. 105-126.
Charemza, W. and D.F. Deadman: ‘Bubbles Charemza, W., stochastic explosive roots: the failure of
unit root testing’, Journal of Empirical Finance 2, 1995, pp. 153-163.
Charemza, W. and D.F. Deadman: ‘Rational and intrinsic bubbles: a reinterpretation of empirical
results', Applied Financial Economics 5, 1995, pp. 199-202.
Charemza, W.: ‘Rational bubbles during Poland's hyperinflation: implications and empirical results. A
comment', European Economic Review 38, 1994, pp. 1277-1281.
Charemza, W., M. Blangiewicz and T.W. Bołt: ‘Alternative data for the dynamic modelling of the East
European transformation', Journal of Economic and Social Measurement 20, 1994, pp. 1-23.
Charemza, W.: ‘Market failure and stagflation: Some aspects of privatisation in Poland', Economics of
Planning 25, 1992, pp. 21-35.
Charemza, W.: ‘Alternative paths for macroeconomic stabilisation in Czechoslovakia', European
Economy, Special Edition No. 2, 1991, pp. 41-56.
Charemza, W.: ‘Large econometric models of the centrally planned economy: A critique of the
methodology', Economic Modelling 8, 1991, pp. 45-62.
Charemza, W. and S. Ghatak: ‘Demand for money in a dual-currency, quantity-constrained economy',
The Economic Journal 100, 1990, pp. 1159-1172.
Charemza, W. and R. E. Quandt: 'The housing market in a centrally planned economy: An empirical
analysis', Kyklos 43, 1990, pp. 411-436.
Charemza, W. and M. Blangiewicz: ‘Cointegration in small samples: Empirical percentiles, drifting
moments and customised testing', Oxford Bulletin of Economics and Statistics 52, 1990, pp.
303-305.
Charemza, W.: ‘A quantity-constrained expenditure system: A comment on the Podkaminer's
disequilibrium computations', Journal of Comparative Economics 14, 1990, pp. 327-339.
Charemza, W. and J. Király: ‘Plans and exogeneity: The genetic-teleological dispute revisited', Oxford
Economic Papers 42, 1990, pp. 562-573.
Charemza, W.: ‘Parallel markets, excess demand and virtual prices: An empirical approach', European
Economic Review 34, 1990, pp. 331-339.
Charemza, W.: ‘Computational controversies in disequilibrium and shortage modelling of centrally
planned economies', Journal of Economic Surveys 3, 1989, pp. 305-324.
Charemza, W., M. Gronicki and R.E. Quandt: ‘Modelling parallel markets in centrally planned
economies: The case of automobile market in Poland', European Economic Review 38, 1988,
pp. 861-883. Reprinted in: European Economic Review 50, 2007, Half Century Journal Issue,
pp. 36-58.
3
Charemza, W.: ‘Maximum likelihood estimation methods for disequilibrium models in a centrally
planned economy', Economics of Planning 21, 1987, pp. 1-13, (Slovak translation published in
Informacne Systemy 5, 1987, pp. 449-467).
Charemza, W.: ‘Plans, disequilibria and macroeconomic policy simulations', International Review of
Applied Economics 1, 1987, pp. 190-208.
Charemza, W. and M. Gronicki: ‘A model for investment in Poland: A disequilibrium econometrics
approach', Economic Modelling 3, 1986, pp. 106-116.
Charemza, W. and M. Gronicki: ‘Rational expectations and disequilibria in a model of foreign trade
behaviour: The case of Poland', Economics of Planning 18, 1982 (appeared in 1985), pp. 53-64.
Charemza, W. and R.E. Quandt: ‘Models and estimation for centrally planned markets in
disequilibrium', Review of Economic Studies 49, 1982, pp. 109-116.
Charemza, W. and J. Domsta: ‘Estimation of supply and demand functions from univariate sample
Charemza, W., known separation', Economic Letters 8, 1982, pp. 163-168.
Charemza, W. and M. Gronicki: ‘An econometric model of world shipping and shipbuilding', Maritime
Policy and Management 8, 1981, pp. 21-30.
Charemza, W.: ‘Some spectral definitions for disequilibrium analysis', Economics Letters 2, 1979, pp.
33-35.
Books and edited volumes, (in English, unless stated otherwise)
Charemza, W. and K. Strzala (editors), East European transition and EU enlargement: a quantitative
approach, Physica Verlag, Heidelberg, 2002.
Charemza, W. and D.F. Deadman: New directions in econometric practice: General to specific
modelling, cointegration and vector autoregression,
Second Edition: Edward Elgar, Cheltenham, 1997,
First Polish Edition: Nowa ekonometria, Polskie Wydawnictwo Ekonomiczne, Warszawa,
1997.
First Edition: Edward Elgar, Cheltenham, 1992,
Davis, C.M. and W. Charemza, (editors): Disequilibrium and shortage models in centrally planned
economies, edited volume, Chapman and Hall, Cambridge, 1989 (series: International Studies
in Economic Modelling).
Charemza, W. and M. Gronicki: Plans and disequilibria in centrally planned economies (Empirical
investigation for Poland), North-Holland, Amsterdam, 1988 (series: Contributions to economic
analysis, No. 159).
Charemza, W. and M. Gronicki: Econometric analysis of disequilibrium in Poland, Polish Scientific
Publishers (PWN), Warsaw, 1985, (in Polish).
Charemza, W.: Econometric disequilibrium models: Problems of specification and estimation,
University of Gdańsk Academic Press, 1981, (in Polish).
Charemza, W. and A. Balicki: Statistics, University of Gdańsk Academic Press, 1979, (in Polish).
4
Chapters in edited volumes and conference proceedings, (in English, unless stated otherwise)
Charemza, W. and S. Makarova, ‘Deciding between deterministic and bilinear unit root models’, in
Computer data analysis and modelling, vol. 2, pp. 19-24, Minsk, 2004
Charemza, W., S. Makarova and V. Parkhomenko: ‘LAM modelling of East European economies:
Methodology, EU accession and privatisation’, proceedings of the conference EcoMod2002,
Brussels, 2003.
Charemza, W., M. Blangiewicz and K. Strzala: ‘The EU accession rally: some cross-country
simulation results’, in: (W. Charemza and K. Strzała, ed.), East European transition and EU
enlargement: a quantitative approach, Physica Verlag, Heidelberg, 2002.
Charemza, W., S. Makarova and V. Parkhomenko: ‘Core inflation: estimation and forecasting’, in
Economic studies: theory and applications, vol. 2, European University at St. Petersburg, St.
Petersburg (in Russian), 2002.
Charemza, W. and S. Makarova: ‘Joint probabilities of unit root confirmation and the b-test for
bilinearity’, proceedings of the conference Computer Data Analysis and Modelling Vol. 1,
Minsk, 2001.
Charemza, W. and S. Makarova: ‘Bilinear error-correction mechanism: interpretation and
applications’, in Economic studies: theory and applications, vol. 1, European University at St.
Petersburg, St. Petersburg (in Russian), 2000.
Charemza, W. and S. Makarova: ‘The LAM-3 model of East European economies: foundations and
specification’, in: (W. Welfe, ed) Macromodels and modelling economies in transition, Vol. 1.
(Proceedings of the 25th Conference ‘Macromodels 98’), Absolwent, Lodz, 1999.
Charemza, W. and G. Norman: ‘Mobile sellers and oligopoly: An empirical analysis of the foreign
exchange market in Poland, 1988-1989’, in (T. Url and A. Wörgötter, ed.) Econometrics of
short and unreliable time series (Series Studies in Empirical Economics), Physica Verlag,
Heidelberg, 1996.
Charemza, W. and M. Blangiewicz: ‘Evolutionary economic reform and policy issues: a structural
VAR approach’, in (K. Poznanski, ed.) The evolutionary transition to capitalism, Westview
Press, Boulder, 1995.
Charemza, W.: ‘Exchange rates, inflation and purchasing power parity in Eastern Europe’, in (S.
Lombardini, and P. C. Padoan, eds.) Europe between East and South, Kluwer Academic
Publishers, Dordrecht, 1994.
Charemza, W.: ‘East European transformation: the supply side’, in (K. Poznanski, ed.) Economic
stabilization in Poland, Kluwer Academic Publishers, Dordrecht, 1993.
Charemza, W. and V. Dlouhý: ‘Two alternative disequilibrium models for a planned economy’, in (L.
Bergman, D. Jorgenson and E. Zalai, eds.) General equilibrium modelling and economic policy
analysis, Basil Blackwell, New York, 1990.
5
Davis, C.M. and W. Charemza: ‘Introduction to disequilibrium and shortage models of the centrally
planned economy’, a chapter in the book Disequilibrium and shortage models in the centrally
planned economy, above, 1989, Russian translation in Sociologicheskyie Issledovanyia 1990,
No.1, pp. 20-33.
Charemza, W.: ‘Disequilibrium modelling of consumption in the centrally planned economy’, a
chapter in the book Disequilibrium and shortage models in centrally planned economies,
above, 1989.
Charemza, W.: ‘Econometric models of consumption demand in case of disequilibrium: A
comparison’, in: (W. Maciejewski, ed.) Dilemmas of the development of the European CMEA
countries, University of Warsaw Academic Press, Warsaw, 1986, (in Polish).
Charemza, W.: ‘Application of spectral analysis for simulation results: An example’, In: Time Series
Analysis for Socio-Economic Processes, Szczecin, 1975, pp. 7-17, (in Polish)
Articles in refereed journals of national circulation, (titles in English translation, if relevant)
Charemza, W., Yu. Kharin, S. Makarova, V. Malyugin, V. Majkowska, A. Huryn, J. Vymyatnina and
Yu. Raskina, ‘Modelling and forecasting of the macroeconomic indicators for Belarus, Russia and
Ukraine Charemza, W., the use of inter-country LAM-ICM model’, Ekonomicheskii Biulleten 4,
2007, pp. 18-34 (in Russian).
Charemza, W., Yu. Kharin, S. Makarova, V. Malyugin, A. Huryn, Yu. Raskina, ‘On the modelling of
Russian and Belarussian economies on the basis of the LAM-3 model’, Prikladnaya ekonometrika
2, 2006, pp. 124-139 (in Russian).
Charemza, W.: ‘Estimation of a model with three disequilibrium regimes’, Przegląd Statystyczny 33,
1986, pp. 71-78, (in Polish).
Charemza, W.: ‘An alternative for the PAMEQ disequilibrium model’, Przegląd Statystyczny 29, 1982,
pp. 55-59, (in Polish).
Charemza, W. and A. Grykałowska: ‘Remarks on econometric consumption models under rationing’,
Przegląd Statystyczny 28, 1981, pp. 97-106, (in Polish).
Charemza, W., B. Gierusz and M. Krzysztofiak: ‘Econometric analysis of Polish maritime transport’,
Technika i Gospodarka Morska, 1981, pp. 231-233, (in Polish).
Charemza, W. and B. Gierusz: ‘Supply/demand model of retail sales in Poland’, Przegląd Statystyczny
27, 1980, (in Polish).
Charemza, W. and B. Gierusz: ‘Calculation of neutralization points for a disequilibrium model’,
Zeszyty Naukowe Uniwersytetu Gdańskiego, 1980, pp. 31-43, (in Polish).
Charemza, W.: ‘Unobservable exogenous variables in a model of Polish maritime transport’, Zeszyty
Naukowe Uniwersytetu Gdańskiego, 1979, pp. 53-61, (in Polish).
Charemza, W. and M. Blangiewicz: ‘A model of cargo movement for tramp shipping’,
Wissenschaftliche Zeitschrift 28, 1979, pp. 385-387, (in German).
6
Charemza, W.: ‘An application of cross-spectral analysis for analysis of laid-up tonnage and freight
rates’, Technika i Gospodarka Morska, 1978, pp. 184-186, (in Polish).
Charemza, W.: ‘A short-run econometric model of the world tanker charter market’, Technika i
Gospodarka Morska, 1977, pp. 452-456, (in Polish).
Charemza, W.: ‘Estimation of elasticity of expectations for the tanker charter market’, Technika i
Gospodarka Morska, 1977, pp. 520-522, (in Polish).
Charemza, W.: ‘Simulation and forecasting properties of a disequilibrium model’, Zeszyty Naukowe
Uniwersytetu Gdańskiego, 1976, pp. 5-13, (in Polish).
Charemza, W.: ‘Spectral analysis of the world tanker charter market’, Zeszyty Naukowe Uniwersytetu
Gdańskiego, 1975, pp. 101-113, (in Polish).
Charemza, W.: ‘Laid-up tonnage and freight rates: An econometric approach', Zeszyty Naukowe
Uniwersytetu Gdańskiego, 1975, pp. 43-55, (in Polish).
Selected discussion papers, conference papers and academic articles published in non-refereed
journals (other than those published or submitted to refereed journals) In English, unless stated
otherwise. Some of the papers are English versions of papers published in Polish. Publications
in professional newspapers are excluded.
Charemza, W.: ‘LAM-PL model, version 2.01’, Occasional Bulletin of the Macroeconomic and
Financial data Centre 1, 1994.
Charemza, W. and S. Ghatak: ‘Financial dualism and “virtual” interest rates: case of India’, Economic
and Political Weekly (Bank of India Publication), April 9, 1994, pp. 871-875.
Charemza, W.: ‘East Europe in Wonderland, or: what happened to the money?’, Discussion Papers in
European Economic Studies No. 92/8, University of Leicester.
Charemza, W.: ‘The free market for foreign exchange in Poland: Cointegration, speculative bubbles
and error-correction’, Department of Economics Discussion Paper No. 133, University of
Leicester 1990.
Charemza, W.: ‘Excess demand estimates from disequilibrium econometric models’, Department of
Economics Discussion Paper No. 123, University of Leicester 1989.
Charemza, W. and S. Ghatak: ‘Financial liberalisation in Sri Lanka: An empirical analysis’,
Department of Economics Discussion Paper No. 117, University of Leicester 1989.
Charemza, W. and J. Király: ‘A simple test for structural invariance and policy exogeneity’,
Department of Economics Discussion Paper No. 95, Leicester 1988.
Charemza, W.: ‘A note on definitions of invariance and exogeneity’, Department of Economics
Discussion Paper No. 96, University of Leicester, 1988.
Charemza, W. and J. Király: ‘Plans and exogeneity: Some further results’, Department of Economics
Discussion Paper No.76, University of Leicester, 1988.
Charemza, W. and J. Király: `Plans, output and expectations in centrally planned economies: A
causality-exogeneity approach’, CREES Discussion Paper No. G7, University of Birmingham,
1986.
7
Charemza, W. and M. Gronicki: ‘Internal versus external factors of excess demand in Poland Econometric evidence’, Conference Paper, Conference "East-West Trade and Financial
Relations", European University Institute, Florence, 1985.
Charemza, W. and M. Gronicki: ‘Simultaneous consumption-labour-money analysis in a
disequilibrium framework: Poland 1960-1980’, CREES Discussion Paper No. RC/B20,
University of Birmingham, May 1984.
Charemza, W.: ‘The centrally planned economy and the international crisis: Poland 1979-80’, CREES
Annual Conference, University of Birmingham, 1984.
Charemza, W. and M. Gronicki: ‘Rational expectations, wage illusion and consumption excess
demand: An empirical investigation for Poland’, University of London, Birkbeck College,
Discussion Paper No. 43, October 1983.
Charemza, W. and M. Gronicki: ‘Rational expectations in a disequilibrium model for centrally planned
economies: The case of Poland’, University of Gdansk, Discussion Paper No. 14, March 1982.
Charemza, W.: ‘OLS and 2SLS methods in a disequilibrium model', Conference Paper, V International
Conference, `Models and Forecasts', 1982.
Charemza, W. and M. Gronicki: ‘On two theories of firms' behaviour under rationing’, University of
Gdańsk, Discussion Paper No. 10, October 1981, (in Polish).
Charemza, W. and M. Gronicki: ‘Disequilibrium indicators in a simple econometric model of Poland:
OLS and Bayesian results’, University of Gdańsk, Discussion Paper No. 7/R, October 1980.
Charemza, W.: ‘A method of estimation for centrally planned markets in disequilibrium’, University of
Gdańsk, Discussion Paper No. 6, April 1980.
Charemza, W. and B. Gierusz: ‘Problems of building and applications of large disequilibrium
econometric models', Conference Paper, 6th International Conference, ‘Macromodels’, 1979.
Charemza, W., B. Gierusz and M. Krzysztofiak ‘Models of Polish maritime transport’, Conference
Paper, Econometric Society European Meeting, Athens, 1979.
Charemza, W.: ‘Estimation of a disequilibrium model - Some Monte Carlo results’, Conference paper,
5th International Conference `Macromodels', 1978.
Charemza, W.: ‘A spectral approach to disequilibrium analysis’, University of Gdańsk, Discussion
Paper No. 1, September 1977.
Charemza, W. and M. Gronicki: ‘Utilisation of a market model to optimal decision-making in case of
disequilibrium’. Conference paper, III International Conference, ‘Models and Forecasts', 1976.
Charemza, W. and M. Gronicki: ‘Simple tests against autocorrelation in a simultaneous dynamic model
- Monte Carlo study’. Conference paper, III International Conference `Models and Forecasts',
1976.
Charemza, W.: ‘A simulation model of the tanker charter market Charemza, W., the assumption of
disequilibrium’, Rostocker Betriebswirtschaftliche Manuskripte, Rostock, 1975, pp. 75-83.