118 research outputs found
The Use of the HP-filter in Constructing Real Estate Cycle Indicators
No full textThe growing body of research focusing on real estate as an individual asset class puts the real estate cycle in the very center of strategic investment decisions and implications thereof. This article investigates if the non-structural definition of the cycle as defined by the Hodrick-Prescott (HP) filter can be used to construct indicators of the Swedish real estate cycle. The methodology of the HP-filter, which is to separate a time-series into a trend component and a growth component, is often used in analysis of aggregate economic growth (i.e., GDP). The article also evaluates the indicative characteristics of the indicator.
New International Evidence on Real Estate as a Portfolio Diversifier
No full textThis paper provides an international comparison of the benefits of including real estate assets in mixed-asset portfolios. Real estate returns are desmoothed using a variant of the Geltner (1993) approach, and Bayes-Stein estimators are used to increase the stability of portfolio weight estimations. Both unhedged and hedged analyses are conducted. Real estate is found to be an effective portfolio diversifier, and even more so when both domestic and international real estate assets are considered. The optimal allocation to real estate is 15% to 25%, and remains stable when the level of the standard deviation of real estate is altered. Real estate allocation between domestic and nondomestic assets, however, varies substantially across countries, depending on whether returns are hedged or not.
Stanisław I. Witkiewicz o obiektywizacji uczuć metafizycznych
No full textThe article presents Witkiewicz’s views on metaphysical feelings as a source of culture in its three manifestations: art, religion and philosophy. Metaphysical feelings are associated with the experience of vastness, randomness and monstrosity of existence. Culture serves as the objectification of these feelings, and the process of culture alleviates the tensions associated with cognition. The article argues that the total socialization of humanity is causing the decline of metaphysical culture, though the future of humanity remains unpredictable. Moreover, Witkiewicz is presented not as a consistent catastrophist.Artykuł prezentuje poglądy S.I. Witkiewicza na temat uczuć metafizycznych jako źródła kultury w jej trzech głównych przejawach: sztuce, religii i filozofii. Uczucia metafizyczne wiążą się z doznaniem ogromu, przypadkowości i potworności Istnienia. Kultura stanowi obiektywizację tych uczuć, a proces ten jest łagodzeniem napięcia związanego z poznaniem. Jesteśmy świadkami zanikania kultury metafizycznej wraz z totalnym uspołecznieniem ludzkości – przyszłość ludzkości jest jednak nieprzewidywalna. Istnieją powody, aby nie uważać Witkiewicza za konsekwentnego katastrofistę
Станіслав Віткєвіч – естетик та митець (Stanislaw Witkiewicz – aesthetician and art)
No full textУ статті висвітлюються основні віхи життєвого та творчого
шляху видатного польського естетика, критика, митця і мистецтвознавця Станіслава Віткєвіча. Аналізуються основні естетичні ідеї філософа, його оригінальні погляди на мистецтво, самобутність втілених ним у матеріалі концепцій, патріотичність та любов до народного мистецтва. Увага звертається також на значення наукової та мистецької творчості С. Віткєвіча для подальшого розвиткупольської естетики, пластики й архітектури.
(The article is devoted to the major milestones of the life and career of the famous Polish aesthetician, critic, artist and art historian Stanislaw Witkiewicz. The author analyzes the basic aesthetic ideas of the philosopher, his original views on art, identity embodied in its material concepts,
patriotism and love for folk art. Attention is also drawn to the importance of scientific and artistic creativity of S. Witkiewicz for further development of the Polish aesthetics, architecture and sculpture.
“Witkacy darted like a gap-toothed person onto rusk”. Witkiewicz during the First World War
No full textThis text is a polemic with an article by Maria A. Potocka “Ja” jako materiał twórczy [“I”as a material
for creation]. When considering the problem of the presence of Witkacy in the Tsarist army,
the author comes to a conclusion that Witkiewicz went there where he did not intend to go, misled
by inaccurate information. The choice of the Russian opportunity based on incomplete or untrue
information and unsuccessful coincidences – according to the author – should be considered in the
categories of Witkacy’s personal tragedy no matter what significance this fact gained later
Groteska w wybranych utworach pisarzy okresu międzywojennego
No full textThe aim of this article is to discuss and analyse the meaning and various forms of grotesque in Polish literature of the interwar period. The author of the paper would like to focus on the use of grotesque by such Polish modernist writers and playwrights as Witold Gombrowicz, Bruno SCHULZ and Stanisław Ignacy Witkiewicz. The article aims at examining different forms of this literary genre (humour, parody, absurd), especially its linguistic aspects and at showing their similarities and differences. In the scrutiny of grotesque the author of the paper will refer to various critical schools and approaches in Poland, particularly the contemporary literary and linguistic studies
Groteska w wybranych utworach pisarzy okresu międzywojennego
No full textThe aim of this article is to discuss and analyse the meaning and various forms of grotesque in Polish literature of the interwar period. The author of the paper would like to focus on the use of grotesque by such Polish modernist writers and playwrights as Witold Gombrowicz, Bruno SCHULZ and Stanisław Ignacy Witkiewicz. The article aims at examining different forms of this literary genre (humour, parody, absurd), especially its linguistic aspects and at showing their similarities and differences. In the scrutiny of grotesque the author of the paper will refer to various critical schools and approaches in Poland, particularly the contemporary literary and linguistic studies
Groteska w wybranych utworach pisarzy okresu międzywojennego
No full textThe aim of this article is to discuss and analyse the meaning and various forms of grotesque in Polish literature of the interwar period. The author of the paper would like to focus on the use of grotesque by such Polish modernist writers and playwrights as Witold Gombrowicz, Bruno SCHULZ and Stanisław Ignacy Witkiewicz. The article aims at examining different forms of this literary genre (humour, parody, absurd), especially its linguistic aspects and at showing their similarities and differences. In the scrutiny of grotesque the author of the paper will refer to various critical schools and approaches in Poland, particularly the contemporary literary and linguistic studies
Groteska w wybranych utworach pisarzy okresu międzywojennego
No full textThe aim of this article is to discuss and analyse the meaning and various forms of grotesque in Polish literature of the interwar period. The author of the paper would like to focus on the use of grotesque by such Polish modernist writers and playwrights as Witold Gombrowicz, Bruno SCHULZ and Stanisław Ignacy Witkiewicz. The article aims at examining different forms of this literary genre (humour, parody, absurd), especially its linguistic aspects and at showing their similarities and differences. In the scrutiny of grotesque the author of the paper will refer to various critical schools and approaches in Poland, particularly the contemporary literary and linguistic studies
Bolesław Miciński and Stanisław Ignacy Witkiewicz: From the History of an Intellectual and Artistic Journey
No full textArtykuł omawia wzajemne kontakty i wspólnotę myśli dwóch wybitnych pisarzy i filozofów Bolesława Micińskiego i Stanisława Ignacego Witkiewicza (Witkacego), którzy mimo dużej różnicy wieku byli blisko zaprzyjaźnieni. Podejmowane przez nich problemy odsyłają do międzywojennej atmosfery filozoficznej w Polsce i w Europie, a także do ożywionych dyskusji w gronie krytyków literackich i awangardowych pisarzy. Witkiewicz jako pierwszy Polak zapoznał się z psychoanalizą i znacznie wpłynął na jej znajomość u Micińskiego, choć ich sposoby rozumienia teorii Freuda wyraźnie się rozeszły. Miciński był też gorącym zwolennikiem teorii Czystej Formy, realizatorem jej założeń w swojej twórczości i rzecznikiem unaukowienia krytyki literackiej poprzez jej mocne osadzenie w filozofii. Witkacy patronował jego poglądom estetycznym wyłożonym najpełniej w nieopublikowanej pracy magisterskiej Rzeczywistość i jej deformacja w sztuce (1937) napisanej pod kierunkiem Władysława Tatarkiewicza. Obaj zdecydowanie opowiadali się przeciw wszelkiemu redukcjonizmowi w filozofii; byli przeciwnikami fizykalizmu Koła Wiedeńskiego oraz antymetafizycznego nastawienia szkoły lwowsko-warszawskiej. Zwłaszcza Miciński dostrzegał słabość myśli analitycznej i poszukiwał dla filozofii formy bardziej pojemnej. W końcowym okresie twórczości Micińskiego stanął w wyraźnej opozycji wobec totalitaryzmu i mechanizacji życia, co było znamienne również dla Witkacego. Dla autora Portretu Kanta Witkiewicz był z pewnością mistrzem w dziedzinie filozofii, wciąż jednak pozostaje otwarte pytanie, ile od swego młodszego przyjaciela zaczerpnął autor Szewców?This article describes mutual contacts and shared ideas of two outstanding writers and philosophers, Bolesław Miciński and Ignacy Witkiewicz (Witkacy), who despite a significant age difference were close friends. The philosophical problems they raised relate to the interwar intellectual atmosphere in Poland and Europe as well as lively discussions among literary critics and avantgarde writers. Witkiewicz was the first Pole to become acquainted with psychoanalysis; he made it significantly more familiar to Miciński, although their interpretations of Freud’s theory clearly diverged. Miciński was also a strong supporter of the Pure Form theory and realized its propositions in his works. He was also an advocate of a scientific approach to literary criticism through its firm grounding in philosophy. Witkacy was also a patron of his aesthetic views which were most fully set forth in an unpublished thesis, Reality and its Deformation in Art (1937), written under Władysław Tatarkiewicz’s supervision. They were both strongly opposed to any reductionism in philosophy; they were opponents of Vienna Circle physicalism and the anti-metaphysical approach of the Lvov–Warsaw school. In particular, Miciński saw the weakness of analytical thought and sought a more capacious form for philosophy. The final period of Miciński’s work shows a strong objection to totalitarianism and a mechanization of life which was also characteristic of Witkacy. For the author of A Portrait of Kant, Witkiewicz was surely a master of philosophy, but the question of how much was borrowed from the younger colleague by Witkacy, the author of The Shoemakers, remains open
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