Details about Marcin Wolski

Access statistics for papers by Marcin Wolski.

Last updated 2026-01-05. Update your information in the RePEc Author Service.

Short-id: pwo234

Working Papers

2025

1. Access to finance and corporate emissions: A distributional perspective
   EIB Working Papers, European Investment Bank (EIB)
2. Growth and competitiveness in Central, Eastern and South-Eastern Europe: The role of innovation
   EIB Working Papers, European Investment Bank (EIB) View citations (1)

2024

3. Firms’ Response to Climate Regulations-Empirical Investigations Based on the European Emissions Trading System
   IMF Working Papers, International Monetary Fund
   See also Journal Article Firms’ response to climate regulations: Empirical investigations based on the European Emissions Trading System, Energy Policy, Elsevier (2025) (2025)

2022

4. Estimating conditional treatment effects of EIB lending to SMEs in Europe
   EIB Working Papers, European Investment Bank (EIB)
   Also in BIS Working Papers, Bank for International Settlements (2022)
5. Hot off the press: News-implied sovereign default risk
   EIB Working Papers, European Investment Bank (EIB)

2021

6. Aggregate productivity slowdown in Europe: New evidence from corporate balance sheets
   EIB Working Papers, European Investment Bank (EIB)

2020

7. Making a difference: Assessing the impact of the EIB's funding to SMEs
   EIB Working Papers, European Investment Bank (EIB)

2019

8. The European Fund for Strategic Investments: The Rhomolo-EIB 2019 update
   JRC Research Reports, Joint Research Centre View citations (2)

2018

9. Debt Overhang and Investment Efficiency
   CEPR Discussion Papers, C.E.P.R. Discussion Papers View citations (6)
   Also in Working Paper Series, European Central Bank (2018) View citations (3)
   EIB Working Papers, European Investment Bank (EIB) (2018) View citations (6)
10. Investment of financially distressed firms: The role of trade credit
    EIB Working Papers, European Investment Bank (EIB) View citations (7)
11. Sovereign risk and corporate cost of borrowing: Evidence from a counterfactual study
    EIB Working Papers, European Investment Bank (EIB) View citations (4)

2016

12. Interbank loans, collateral and modern monetary policy
    Working Paper Series, European Central Bank View citations (12)
    See also Journal Article Interbank loans, collateral and modern monetary policy, Journal of Economic Dynamics and Control, Elsevier (2016) View citations (12) (2016)

2014

13. Safe Havens, Feedback Loops, and Shock Propagation in Global Asset Prices
    IMF Working Papers, International Monetary Fund View citations (2)

2013

14. Exploring Nonlinearities in Financial Systemic Risk
    CeNDEF Working Papers, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance
15. Nonlinear Granger Causality: Guidelines for Multivariate Analysis
    CeNDEF Working Papers, Universiteit van Amsterdam, Center for Nonlinear Dynamics in Economics and Finance View citations (1)
    See also Journal Article Nonlinear Granger Causality: Guidelines for Multivariate Analysis, Journal of Applied Econometrics, John Wiley & Sons, Ltd. (2016) View citations (31) (2016)

2012

16. Monetary policy, banking and heterogeneous agents
    NBP Working Papers, Narodowy Bank Polski

Journal Articles

2025

1. Firms’ response to climate regulations: Empirical investigations based on the European Emissions Trading System
   Energy Policy, 2025, 206, (C)
   See also Working Paper Firms’ Response to Climate Regulations-Empirical Investigations Based on the European Emissions Trading System, IMF Working Papers (2024) (2024)

2024

2. Firm-level financial frictions and aggregate allocative efficiency
   Oxford Economic Papers, 2024, 76, (4), 1052-1070 View citations (2)
3. New nonparametric measures for instantaneous and granger-causality tail co-dependence
   Journal of Applied Statistics, 2024, 51, (3), 515-533

2023

4. Assessing the impact of the EIB’s intermediated lending to SMEs during funding shocks
   Small Business Economics, 2023, 60, (3), 975-1007 View citations (3)

2022

5. This time is different: Fiscal response to the COVID-19 pandemic among EU countries
   International Economics, 2022, (172), 217-226 View citations (3)
   Also in International Economics, 2022, 172, (C), 217-226 (2022) View citations (3)

2021

6. Human capital, energy and economic growth in China: evidence from multivariate nonlinear Granger causality tests
   Empirical Economics, 2021, 60, (2), 607-632 View citations (7)

2020

7. Debt overhang, global growth opportunities, and investment
   Journal of Banking & Finance, 2020, 120, (C) View citations (19)

2019

8. The 2019 assessment of the macroeconomic effects of the European Fund for Strategic Investments with the RHOMOLO-EIB model
   INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, 2019, (45), 5-15 View citations (5)

2016

9. Interbank loans, collateral and modern monetary policy
   Journal of Economic Dynamics and Control, 2016, 73, (C), 388-416 View citations (12)
   See also Working Paper Interbank loans, collateral and modern monetary policy, Working Paper Series (2016) View citations (12) (2016)
10. Nonlinear Granger Causality: Guidelines for Multivariate Analysis
    Journal of Applied Econometrics, 2016, 31, (7), 1333-1351 View citations (31)
    See also Working Paper Nonlinear Granger Causality: Guidelines for Multivariate Analysis, CeNDEF Working Papers (2013) View citations (1) (2013)
11. Welfare-theoretic Optimal Policies in a New-Keynesian Economy with Heterogeneous Regions: Any Role for Financial Integration?
    Journal of Common Market Studies, 2016, 54, (3), 742-761

Chapters

2015

1. Modern Monetary Rules: Any Role for Financial Targeting?☆
   A chapter in Monetary Policy in the Context of the Financial Crisis: New Challenges and Lessons, 2015, vol. 24, pp 367-403