IDEAS home Printed from https://ideas.repec.org/a/mes/eaeuec/v63y2025i2p237-259.html
   My bibliography  Save this article

Twenty-Five Years of Polish Equity Market Performance: The Questionable Force Shaping Economic Property Rights Institutions

Author

Listed:
  • Anna P. Malinowska

Abstract

This papere explores and quantifies the evolution of equity market performance and economic property rights dynamics in a reinstated market economy in Poland in the years 1995 to 2021. Using dynamic panel estimation techniques and monthly observations, we find evidence of convex relationships between both the wider stock market and the banking sector and property rights. The findings imply that moderately successful stock and banking markets support property rights, whereas bouts of market volatility indicate underlying preexisting economic and institutional weakness. The combined impact of fiscal policy and private debt further deteriorates institutions, suggesting capital misallocation.

Suggested Citation

  • Anna P. Malinowska, 2025. "Twenty-Five Years of Polish Equity Market Performance: The Questionable Force Shaping Economic Property Rights Institutions," Eastern European Economics, Taylor & Francis Journals, vol. 63(2), pages 237-259, March.
    • Handle: RePEc:mes:eaeuec:v:63:y:2025:i:2:p:237-259
    DOI: 10.1080/00128775.2023.2281456
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/00128775.2023.2281456
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00128775.2023.2281456?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:mes:eaeuec:v:63:y:2025:i:2:p:237-259. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MEEE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.