- Division I: Humanities and Social Sciences
Aleksander Welfe
Corresponding member of the PAS since 2007
Ordinary member of the PAS since 2020
Date of birth
August 5 1960
Scientific specialisation
field of social sciences: economics and finance
Additional information
Macroeconomist and econometrician, full member of the Polish Academy of Sciences, creator of macromodels of the Polish national economy used repeatedly for forecasting and analysis of alternative economic policies. For more than 2 decades he collaborated with Nobel Prize winner Lawrence R. Klein, with whom he published the book Principles of Macroeconometric Modeling (North-Holland). He has authored numerous articles on econometric theory, applied econometrics and time series analysis. Founder and editor-in-chief of the Central European Journal of Economic Modelling and Econometrics. He heads the Department of Econometric Models and Forecasting at the University of Lodz. He has also taught at the Warsaw School of Economics for many years. He is the first Vice-President of the Polish Academy of Sciences.
Affiliation
- Uniwersytet Łódzki
- Szkoła Główna Handlowa w Warszawie
Key scientific publications / patents
- Estimation of the Equilibrium Exchange Rate: The CHEER Approach, with: P.Kębłowski, Journal of International Money and Finance, Vol. 29, 2010, pp. 1385-1397
- A Risk-Driven Approach to Exchange-Rate Modelling, with: Piotr Kębłowski, Economic Modelling, Vol. 29, No. 4, 2012, pp. 1473-1482
- Convergence-driven inflation and the channels of its absorption, with: K.Konopczak, Journal of Policy Modeling, Vol. 39, 2017, pp. 1019-1034
- The Tobit Cointegrated Vector Autoregressive Model: An Application to the Currency Market, with: W.Grabowski, Economic Modelling, Vol. 89, 2020, pp. 88-100
- Forecasting Nonstationary Time Series, with: Ł.Gątarek, Journal of Forecasting, Vol. 42, No. 7, 2023, 1930-1949
Membership in committees
- Committee on Statistics and Econometrics of the Polish Academy of Sciences member
