Conference Proceedings of the
VIIIth INTERNATIONAL CONFERENCE ON APPLIED ECONOMICS
CONTEMPORARY ISSUES IN ECONOMY
under the title
MARKET OR GOVERNMENT?
edited by Adam P. Balcerzak
Institute of Economic Research and Polish Economic Society Branch in Toruń
18-19 June 18-19, 2015, Toruń, Poland
The name(s) of author(s)
(Times New Roman, 12 pt, centered)
The author's e-mail address, which will be published in the publication (Times New Roman,
10 centered)
Affiliation that contains the address of institution represented by the author (Times New
Roman, 10 centered)
Title of the paper
(Cambia, 14 pt, bold, centered)
JEL
Classification:
A11,
A14,
B16
(available
at:
http://www.aeaweb.org/jel/jel_class_system.php#A) (Times New Roman, 10 pt,
fully justified, single-space line)
Keywords: max 5 words or phrases (Times New Roman, 10 pt, italics, left
justified, words separated with semicolon)
Abstract: (minimum 500, maximum 1500 characters). Should outline the
background, objectives, methodology, data, results and main contribution of the
paper (Times New Roman, 10 pt, fully justified, single-space line)
Introduction (Cambia, 11 pt, bold, centered)
The introductory paragraph outlines clearly state the objectives and
motivation for writing the paper. The introduction should provide a context
for the discussion in the body of the paper.
Methodology of the research (Cambia, 11 pt, bold, centered).
ATTENTION! – every article submitted for publication in the journal
should have separate methodological paragraph, which is located after
2
Author
the introduction or after the theoretical part of the paper. In this
paragraph the author should describe precisely the methodology of the
research.
Paragraph (Cambia, 11 pt, bold, centered).
ATTENTION! – when one is not using the template we ask to set not
standard size of the paper: width 15,8 cm, height 22,8. All edges 2,0
cm.
SIZES OF THE PAPER! The minimum length of the paper is 21 000
characters. Papers that are shorter than 21 000 characters will not be
transferred to the reviewing process, the maximum length of the paper
is 40 000 characters.
ATTENTION! – adjust the references of the submitted article to the
DOI system. The specific instruction is available in the end of the
template in the part devoted to the references preparation (pages 6 to
9).
The text of paragraph has to be in this type of format: Times New
Roman, 11 pt, 1,0-spaced lines, ….., fully justified, paragraph indent of the
1st line 0,5 cm, edges: right – 2,0 cm, left – 2,0 cm, upper – 2,0 cm, lower –
2,0 cm.
References – APA styles (American Psychological Association 6th
edition
Title references to any material that has been provided by a previous
authors, or been published in another source should be set in harmonization
with Harvard norms – precisely APA styles (American Psychological
Association 6th edition – more information http://www.apastyle.org/).
The authors may use automatic citation maker for citation and
references:
automatic
APA
citation
maker.
(http://citationmachine.net/index2.php?reqstyleid=2&newstyle=2&stylebox
=2).
The following references to literature may be used in main text:
 a surname of an author of a work, coma, the year of edition,
comma number of pages in brackets, for example: (Romer, 1985,
pp. 998-1020), (Romer, 1985, p. 999),
Title
3

publication by two authors – a surname of the first author & a
surname of the second author, comma, the year of edition, coma
number of pages in brackets, for example: (Poon & Granger, 2003,
pp. 23-49),
 if a joint publication is quoted, for example: (Snowdon (Ed.), 1998,
pp.100-121),
 if there are more than two editors or authors for example (Snowdon
et al., 1998, pp. 100-121);
A list of literature should be placed after conclusions. The structure of
the literature is described in the next page of this document.
Eventual explanation concerning individual arguments, should be set
using bottom note, in this type of format: (Times New Roman, 9 pt, fully
justified, bottom note, continuous Arab numeration).
For creating tables, pictures, graph, charts use general principles of
formats (for further information see the text below);
The condition of reviewing the article is to follow the guidelines.
ATTENTION – Please follow these scheme of article:
Introduction – including aim and range of paper, motivation for writing
the paper, used methods.
Methodology of the research – including specific description of the
methodology.
Paragraph – body of the paper consisting of part corresponding with
steps of realization of aims of the paper
Conclusions – provide a neat summary and possible directions of future
research.
References – it should contain list of all publications that the author
referred to (Times New Roman, 10 pt, bold, centered)
1. Paragraphs should not be numbered. Insert one blank line before and
after each heading.
2. All papers will be reviewed for the publication. Specific reviewing
procedure is described on the website of the journal.
3. Paragraph indent of the 1st line 0,5 cm.
4
Author
4. Drawings, tables, graphs and charts can not go out beyond text area.
Drawings, tables, graphs and charts formatting criteria:
1. Tables and drawings should be placed in the text as close to a place of
citing as possible.
2. Drawings, tables, graphs and charts should be numbered using Arabic
numeration 1, 2, 3,… for example: Table 1. Name (description) table,
Graph 1. Name (description) graph, Diagram 1. Name (description)
diagram. (Times New Roman, from 8 to 10 pt, left justified)
3. Description of drawings, tables, graphs and charts should be placed
above table, graph, drawing. A source or information “the study based
on” should be placed under table and drawing, for examples:
Table 1. Name (description) (Times New Roman, bold – Table and number, the
tile of the table normal without bold, 10 pt., fully justified)
Text of table (Times New Roman, 10 pt, fully justified, single-space line)
Source: Hilbers et al. (2005), Kowalski (2008, p. 53). (Times New Roman, 9 pt, left
justified)
Figure 1. Structure of households expenditures in Poland in years 1993-2005
(share of expenditures in %) (Times New Roman, bold – Table and number, the
tile of the table normal without bold, 10 pt, fully justified)
60
40
20
0
1993 1994
1996(2007,
1997 pp.
1998
1999
2000 (2009).
2001 2002
2003
Source: own calculations
based1995
on OECD
94-98),
Eurostat
(Times
New2004 2005
Artykuły żywnościowe
Artykuły nieżywnościowe
Roman, 9)
Usługi
Pozostałe
Title
5
4. Tables and drawings together with a title and a source should be inside
a text column.
5. Drawings, graphs or charts should be prepared in MS Excel with
attached original file with editing possibility.
6. Insert one blank line between description and source of drawings and
text of article. Blank line should be set in Times New Roman, 11 pt.
References to literature and bottom note formatting criteria:
References in the text (Harvard style – APA styles (American
Psychological Association 6th edition) should be set in brackets in this
type of format: (a surname of an author(s) of a work, comma the year of
edition and number of pages, for example: (Romer, 1985, pp. 998-1020),
(Snowdon (Ed.), 1998, p. 100), (Snowdon et al., 1998, pp. 100-121; Romer,
1985, pp. 998-1020). The exemplary fragment of text:
Literature concerning forecasting of variability of financial instruments
is unusually extensive (compare Poon & Granger, 2003), however until
now, there is no one-valued indicator concerning the choice of the best
method of forecasting of changeability. The results of empirical
investigations are not obvious (see Fischer, 1998; Granger, 2008), and often
even contradictory. The analyses concerning financial market in Poland
with application of GARCH model have been carried out by Piontek
(2003), Doman & Doman (2004), Fiszeder (2004a, 2004b, 2005) and
Pipień (2006).
A list of literature should be placed at the end of the whole paper.
Literature items should be arranged alphabetically by surname of an
author and set in Times New Roman 10 pt, by following format:
1. Books - a surname, an initial of an author’s first name (year of edition).
the title of a work (in italics). a place of edition: the name of a
publisher.
An example:
Hendry, D. F. (2000). Econometrics: Alchemy or Science? Oxford: Oxford
University Press.
Baro, K. (2000). Microeconomics. New York: New York University Press.
6
Author
2. Chapters in Books (composite authors) – a surname, an initial of an
author’s first name (year of publication), the title of a chapter. In an
initial of an editor’s first name a surname (Ed(s)), the title of a work. a
place of edition: the name of a publisher.
An example:
Mizon, G. E. (1995), Progressive Modelling of Macroeconomic Time
series: the LSE Methodology. In K. D. Hoover (Ed.), Macroeconomics:
Developments, Tensions and Prospects. Dordrecht: Kluver Academic
Press.
3. Periodicals – a surname, an initial of an author’s first name (year of
edition). the title of a article. the title of periodical (in italics), number
of volume, number of periodical.
An examples:
Poon, S. H., & Granger, C. (2003). Forecasting Volatility in Financial
Markets: A Review. Journal of Economic Literature, 41(1).
Nelson, C. R., Plosser C. I. & Granger, C. (1982). Trends and Random
Walks in Macroeconomic Time Series: Some Evidence and Implications.
Journal of Monetary Economics, 10(3).
4. Websites – a surname, an initial of an author’s first name (year of
edition). the title of a work. Retrieved from http://address.
An examples:
Rybiński, K. (2009). Szczyt G20, nareszcie powyżej oczekiwań. Retrieved
form http://www.rybinski.eu/?p=716&language=pl (19.04.2009).
Websites should not be formatted as hyperlink.
Title
7
Bibliography and References
Requirements for Web of Science
In every article minimum 5 references have to be from Web of
Science Database.
Adjustment of References to DOI Criteria
As the Journal has DOI number (which influences
positively the citation of the articles published) the authors
are obliged to prepare their references in a form that fulfil
the criteria of the DOI system. The author must check all
the articles that are included in the bibliography of the
submitted paper whether the articles cited have DOI
numbers. One should use for this purpose:
http://www.crossref.org/guestquery/ .
When the author prepares references of the submitted
paper, one should check the every cited article and use for
this purpose at least First Author and Article Title. The
print screen of the DOI website is available below.
8
Author
When a given article has the DOI number it should be
added in the end in the bibliography. The print screen of
the DOI website with the article with DOI number is
available below.
Title
9
The example of the articles with DOI in the References
are presented below:
10
Author
Bernanke, B., & Boivin, J. (2010). Monetary Policy in a
Data-Rich Enviroment. Journal of Monetary Economics,
50(3). http://dx.doi.org/10.1016/S0304-3932(03)00024-2.
Poon, S. H., & Granger, C. (2003). Forecasting Volatility
in Financial Markets: A Review. Journal of Economic
Literature, 19(1). http://dx.doi.org/10.1257/002205762743.
Conclusions (Cambia, 11 pt, bold, centered)
The concluding paragraph should provide a neat summary of the main
discussion of the paper and possible directions of future research. In
conclusions it is not necessary to take new matter which was not discussed
in the paper.
References (Cambia, 10 pt, bold, centered)
Baro, K. (2000). Microeconomics. New York: New York University Press.
Bernanke, B., & Boivin, J. (2010). Monetary Policy in a Data-Rich Enviroment.
Journal of Monetary Economics, 50(3). http://dx.doi.org/10.1016/S03043932(03)00024-2.
Hendry, D. F. (2000). Econometrics: Alchemy or Science? Oxford: Oxford
University Press.
Mizon, G. E. (1995), Progressive Modelling of Macroeconomic Time series: the
LSE Methodology. In K. D. Hoover (Ed.), Macroeconomics: Developments,
Tensions and Prospects. Dordrecht: Kluver Academic Press.
Nelson, C. R., Plosser C. I. & Granger, C. (1982). Trends and Random Walks in
Macroeconomic Time Series: Some Evidence and Implications. Journal of
Monetary Economics, 10(3).
Poon, S. H., & Granger, C. (2003). Forecasting Volatility in Financial Markets: A
Review.
Journal
of
Economic
Literature,
19(1).
http://dx.doi.org/10.1257/002205762743.
Rybiński, K. (2009). Szczyt G20, nareszcie powyżej oczekiwań. Retrieved form
http://www.rybinski.eu/?p=716&language=pl (19.04.2009).