{"id":611,"date":"2020-10-29T15:42:16","date_gmt":"2020-10-29T14:42:16","guid":{"rendered":"http:\/\/fire.ue.wroc.pl\/?page_id=611"},"modified":"2025-02-05T18:27:08","modified_gmt":"2025-02-05T17:27:08","slug":"prof-krzysztof-jajuga","status":"publish","type":"page","link":"https:\/\/fire.ue.wroc.pl\/?page_id=611&lang=en","title":{"rendered":"prof. Krzysztof Jajuga"},"content":{"rendered":"<div id=\"pl-611\"  class=\"panel-layout\" ><div id=\"pg-611-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-611-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-611-0-0-0\" class=\"so-panel widget widget_sow-image panel-first-child panel-last-child\" data-index=\"0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-image so-widget-sow-image-default-8b5b6f678277-611\"\n\t\t\t\n\t\t>\n\n<div class=\"sow-image-container\">\n\t\t<img decoding=\"async\" src=\"https:\/\/fire.ue.wroc.pl\/wp-content\/uploads\/2025\/02\/Prof.-Jajuga-1-768x1040.jpg\" width=\"768\" height=\"1040\" srcset=\"https:\/\/fire.ue.wroc.pl\/wp-content\/uploads\/2025\/02\/Prof.-Jajuga-1-768x1040.jpg 768w, https:\/\/fire.ue.wroc.pl\/wp-content\/uploads\/2025\/02\/Prof.-Jajuga-1-222x300.jpg 222w, https:\/\/fire.ue.wroc.pl\/wp-content\/uploads\/2025\/02\/Prof.-Jajuga-1-756x1024.jpg 756w, https:\/\/fire.ue.wroc.pl\/wp-content\/uploads\/2025\/02\/Prof.-Jajuga-1-1135x1536.jpg 1135w, https:\/\/fire.ue.wroc.pl\/wp-content\/uploads\/2025\/02\/Prof.-Jajuga-1-1513x2048.jpg 1513w, https:\/\/fire.ue.wroc.pl\/wp-content\/uploads\/2025\/02\/Prof.-Jajuga-1-scaled.jpg 1891w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" title=\"Prof. Jajuga\" alt=\"\" loading=\"lazy\" \t\tclass=\"so-widget-image\"\/>\n\t<\/div>\n\n<\/div><\/div><\/div><div id=\"pgc-611-0-1\"  class=\"panel-grid-cell\" ><div id=\"panel-611-0-1-0\" class=\"so-panel widget widget_sow-headline panel-first-child\" data-index=\"1\" ><div class=\"panel-widget-style panel-widget-style-for-611-0-1-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-180968c9f045-611\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t<div class=\"decoration\">\n\t\t\t\t\t\t<div class=\"decoration-inside\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<h6 class='sow-sub-headline'>Position:<\/h6><\/div>\n<\/div><\/div><\/div><div id=\"panel-611-0-1-1\" class=\"so-panel widget widget_sow-headline\" data-index=\"2\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-180968c9f045-611\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t<div class=\"decoration\">\n\t\t\t\t\t\t<div class=\"decoration-inside\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<h6 class='sow-sub-headline'>Room:<\/h6><\/div>\n<\/div><\/div><div id=\"panel-611-0-1-2\" class=\"so-panel widget widget_sow-headline\" data-index=\"3\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-180968c9f045-611\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t<div class=\"decoration\">\n\t\t\t\t\t\t<div class=\"decoration-inside\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<h6 class='sow-sub-headline'>E-mail:<\/h6><\/div>\n<\/div><\/div><div id=\"panel-611-0-1-3\" class=\"so-panel widget widget_sow-headline\" data-index=\"4\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-b11a8fb43cd3-611\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t<div class=\"decoration\">\n\t\t\t\t\t\t<div class=\"decoration-inside\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<h6 class='sow-sub-headline'>Phone:<\/h6><\/div>\n<\/div><\/div><div id=\"panel-611-0-1-4\" class=\"so-panel widget widget_sow-headline panel-last-child\" data-index=\"5\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-180968c9f045-611 so-widget-fittext-wrapper\"\n\t\t\t data-fit-text-compressor=\"0.85\"\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t<div class=\"decoration\">\n\t\t\t\t\t\t<div class=\"decoration-inside\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<h6 class='sow-sub-headline'>Student's hours:<\/h6><\/div>\n<\/div><\/div><\/div><div id=\"pgc-611-0-2\"  class=\"panel-grid-cell\" ><div id=\"panel-611-0-2-0\" class=\"so-panel widget widget_sow-headline panel-first-child\" data-index=\"6\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-432af716751d-611\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t<div class=\"decoration\">\n\t\t\t\t\t\t<div class=\"decoration-inside\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<h6 class='sow-sub-headline'>Professor, Chairman of the Department<\/h6><\/div>\n<\/div><\/div><div id=\"panel-611-0-2-1\" class=\"so-panel widget widget_sow-headline\" data-index=\"7\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-432af716751d-611\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t<div class=\"decoration\">\n\t\t\t\t\t\t<div class=\"decoration-inside\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<h6 class='sow-sub-headline'>building Z, room 417<\/h6><\/div>\n<\/div><\/div><div id=\"panel-611-0-2-2\" class=\"so-panel widget widget_sow-headline\" data-index=\"8\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-432af716751d-611\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t<div class=\"decoration\">\n\t\t\t\t\t\t<div class=\"decoration-inside\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<h6 class='sow-sub-headline'>krzysztof.jajuga@ue.wroc.pl<\/h6><\/div>\n<\/div><\/div><div id=\"panel-611-0-2-3\" class=\"so-panel widget widget_sow-headline\" data-index=\"9\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-432af716751d-611\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t<div class=\"decoration\">\n\t\t\t\t\t\t<div class=\"decoration-inside\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<h6 class='sow-sub-headline'>+48 71 36 80 340<\/h6><\/div>\n<\/div><\/div><div id=\"panel-611-0-2-4\" class=\"so-panel widget widget_sow-headline panel-last-child\" data-index=\"10\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-headline so-widget-sow-headline-default-432af716751d-611\"\n\t\t\t\n\t\t><div class=\"sow-headline-container \">\n\t\t\t\t\t\t<div class=\"decoration\">\n\t\t\t\t\t\t<div class=\"decoration-inside\"><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<h6 class='sow-sub-headline'>on the University website<\/h6><\/div>\n<\/div><\/div><\/div><\/div><div id=\"pg-611-1\"  class=\"panel-grid panel-has-style\" ><div class=\"panel-row-style panel-row-style-for-611-1\" ><div id=\"pgc-611-1-0\"  class=\"panel-grid-cell\" ><div id=\"panel-611-1-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child\" data-index=\"11\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h4 class=\"collapseomatic \" id=\"id69f72cc32ac05\"  tabindex=\"0\" title=\"&lt;strong&gt;Scientific titles and degrees&lt;\/strong&gt;\"    ><strong>Scientific titles and degrees<\/strong><\/h4><div id=\"target-id69f72cc32ac05\" class=\"collapseomatic_content \"><\/p>\n<ul>\n<li>1979 \u2013 Master of Economic Sciences (Wroclaw Academy of Economics)<\/li>\n<li>1982 \u2013 Doctoral degree in Economic Sciences (Wroclaw Academy of Economics)<\/li>\n<li>1987 \u2013 Habilitation degree in Economic Sciences (Wroclaw Academy of Economics)<\/li>\n<li>1992 \u2013 Titular Professor of Economic Sciences awarded by President of Poland<\/li>\n<li>2012 \u2013 Honorary doctoral degree (doctor honoris causa) at Cracow University of Economics<\/li>\n<li>2012 \u2013 Honorary professor of Warsaw University of Technology<\/li>\n<li>2022 \u2013 Honorary doctoral degree (doctor honoris causa) at WSB University in D\u0105browa G\u00f3rnicza<\/li>\n<li>2023 \u2013 Honorary professor of University of Warmia and Mazury in Olsztyn\n<p><\/div>\n<\/li>\n<\/ul>\n<\/div>\n<\/div><\/div><div id=\"panel-611-1-0-1\" class=\"so-panel widget widget_sow-editor\" data-index=\"12\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h4 class=\"collapseomatic \" id=\"id69f72cc32ad36\"  tabindex=\"0\" title=\"Functions\"    >Functions<\/h4><div id=\"target-id69f72cc32ad36\" class=\"collapseomatic_content \"><\/p>\n<ul>\n<li>Chairman of the Department of Financial Investments and Risk Management at Wroclaw University of Economics and Business<\/li>\n<li>Member of Presidium and Chairman of the Social Sciences Team at Scientific Excellence Council<\/li>\n<li>Chairman of the Committee of Financial Sciences of Polish Academy of Sciences<\/li>\n<li>Member of the Committee of Statistics and Econometrics of Polish Academy of Sciences<\/li>\n<li>Member of the Council of the Section on Classification and Data Analysis of Polish Statistical Association (SKAD)<\/li>\n<li>President of the International Federation of Classification Societies (IFCS)<\/li>\n<li>President of CFA Society of Poland<\/li>\n<li>Member of Advisory Board of the Association of Business Service Leaders (ABSL)<\/li>\n<li>Member of Scientific Board of Statistics Poland<\/li>\n<li>Member of Methodological Commission of Statistics Poland<\/li>\n<li>Member of the Advisory Scientific Council to Financial Ombudsman<\/li>\n<li>Editor-in-chief of the journal \"Argumenta Oeconomica\"<\/li>\n<li>Chairman of Editorial Council of the journal \"Finanse\"<\/li>\n<li>Member of the Editorial Board of the \"Journal of Risk Management in Financial Institutions\"<\/li>\n<li>Chairman of Editorial Council of the journal \"Przegl\u0105d Statystyczny \u2013 Statistical Review\"<\/li>\n<li>Member of Editorial Council of the \"World of Real Estate Journal\"<\/li>\n<li>Member of the Editorial Board of the journal \"Statistics in Transition new series\"<\/li>\n<li>Member of the Scientific Council of the journal \"Finansowanie Nieruchomo\u015bci\"<\/li>\n<li>Member of the Scientific Council of the journal \"Ekonomista\"<\/li>\n<li>Member of many supervisory board (in the past and at present), e.g. former member of Supervisory Board of Warsaw Stock Exchange and former member of Scientific Board of National Bank of Poland<\/li>\n<li>Associate of numerous renowned law firms and consulting firms<\/li>\n<\/ul>\n<p><\/div>\n<\/div>\n<\/div><\/div><div id=\"panel-611-1-0-2\" class=\"so-panel widget widget_sow-editor\" data-index=\"13\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h4 class=\"collapseomatic \" id=\"id69f72cc32af4d\"  tabindex=\"0\" title=\"Most important publications\"    >Most important publications<\/h4><div id=\"target-id69f72cc32af4d\" class=\"collapseomatic_content \"><\/p>\n<p><strong>Books:<\/strong><\/p>\n<p>\u00b7 Statystyka ekonomicznych zjawisk z\u0142o\u017conych \u2013 wykrywanie i analiza niejednorodnych rozk\u0142ad\u00f3w wielowymiarowych, habilitation thesis, Prace Naukowe AE 371, Wroc\u0142aw 1987.<\/p>\n<p>\u00b7 Estymacja modeli ekonometrycznych, book, ed. S. Bartosiewicz, PWE, Warszawa 1990.<\/p>\n<p>\u00b7 Statystyczna teoria rozpoznawania obraz\u00f3w, PWN, Warszawa 1990.<\/p>\n<p>\u00b7 Jak inwestowa\u0107 w papiery warto\u015bciowe, Wydawnictwo Naukowe PWN, Warszawa 1993 (coauthor: T. Jajuga) \u2013 BEST TEXTBOOK IN ECONOMIC SCIENCES IN 1993.<\/p>\n<p>\u00b7 Statystyczna analiza wielowymiarowa, Wydawnictwo Naukowe PWN, Warszawa 1993.<\/p>\n<p>\u00b7 Inwestycje. Instrumenty finansowe, ryzyko finansowe, in\u017cynieria finansowa, Wydawnictwo Naukowe PWN, Warszawa 1996 (coauthor: T. Jajuga).<\/p>\n<p>\u00b7 Inwestycje finansowe. Wydawnictwo AE Wroc\u0142aw 1997 (coauthors: K. Kuziak i P. Markowski).<\/p>\n<p>\u00b7 Zarz\u0105dzanie ryzykiem w ubezpieczeniach, book ed. Wanda Ronka-Chmielowiec, AE, Wroc\u0142aw 2000.<\/p>\n<p>\u00b7 Ubezpieczenia - rynek i ryzyko, book ed. Wanda Ronka-Chmielowiec, PWE, Warszawa 2002.<\/p>\n<p>\u00b7 Ubezpieczenia w gospodarce rynkowej, book ed. T. Sangowski, Branta, Bydgoszcz - Pozna\u0144, 2002.<\/p>\n<p>\u00b7 Podstawy inwestowania na rynku papier\u00f3w warto\u015bciowych, GPW w Warszawie, Warszawa, 2002.<\/p>\n<p>\u00b7 Gie\u0142dowe instrumenty pochodne, GPW, Warszawa 2006.<\/p>\n<p>\u00b7 Podstawy inwestowania na gie\u0142dzie papier\u00f3w warto\u015bciowych, GPW, Warszawa 2006.<\/p>\n<p>\u00b7 Inwestycje. Instrumenty finansowe, aktywa niefinansowe, ryzyko finansowe, in\u017cynieria finansowe, Wydawnictwo Naukowe PWN, Warszawa 2006 (coauthor: Jajuga T.) .<\/p>\n<p>\u00b7 Elementy nauki o finansach, PWE, Warszawa 2007.<\/p>\n<p>\u00b7 Podstawy inwestowania na gie\u0142dzie papier\u00f3w warto\u015bciowych, ed. 3, GPW, Warszawa 2007.<\/p>\n<p>\u00b7 Zarz\u0105dzanie ryzykiem, Wydawnictwo Naukowe PWN, Warszawa 2007 (ed.).<\/p>\n<p>\u00b7 Gie\u0142dowe instrumenty pochodne, ed. 2, GPW, Warszawa 2007.<\/p>\n<p>\u00b7 Integrated risk model in household life cycle, UE Wroc\u0142aw, Wroc\u0142aw 2015 (coauthors: Feldman \u0141., Pietrzyk R., Rokita P.).<\/p>\n<p>\u00b7 Ryzyko systemu finansowego. Metody oceny i ich weryfkacja w wybranych krajach. Materia\u0142y i Studia, 327, NBP, Warszawa 2017 (coauthors: Kara\u015b M., Kuziak K., Szczepaniak W.).<\/p>\n<p>\u00b7 Zarz\u0105dzanie ryzykiem, Wydawnictwo Naukowe PWN, Warszawa 2019 (ed.).<\/p>\n<p><strong>Papers:<\/strong><\/p>\n<p>\u00b7 On pattern recognition methods in econometric regression model, in: L. F. Pau (ed.), Artificial Intelligence in Economics and Management, s.167-171, North-Holland, Amsterdam 1986.<\/p>\n<p>\u00b7 Determining hyperspherical classes of observations, Pattern Recognition Letters 4, s.19-24, 1986.<\/p>\n<p>\u00b7 Bayes classification rule for the general discrete case, Pattern Recognition 19, s.413-415, 1986.<\/p>\n<p>\u00b7 Linear fuzzy regression, Fuzzy Sets and Systems 20, s.343-353, 1986.<\/p>\n<p>\u00b7 A clustering method based on the L1-norm, Computational Statistics and Data Analysis 5, s.357-371, 1987.<\/p>\n<p>\u00b7 Elliptically symmetric distributions and their application to classification and regression, in: Pukkila T., Puntanen S.(ed.), Proceedings of the Second International Tampere Conference in Statistics, s.491-498, Tampere 1987.<\/p>\n<p>\u00b7 L1-norm based fuzzy clustering, Fuzzy Sets and Systems 39, s.43-50, 1991.<\/p>\n<p>\u00b7 Application of clustering methods to linear regression, Acta Oeconomica Pragensia 59, s.121-129, Prague 1990.<\/p>\n<p>\u00b7 Analyzing heterogeneous data sets in statistics - different approaches, Statistics in Transition, 1, 217-231, 1993.<\/p>\n<p>\u00b7 Statistical methods of investment portfolio selection, Badania Operacyjne i Decyzje, 4\/1993, s.41-49.<\/p>\n<p>\u00b7 Finance - change of paradigm in teaching and research, Argumenta Oeconomica, 1, s.51-60, Wroc\u0142aw 1995.<\/p>\n<p>\u00b7 On the principal components of time series, Statistics in Transition, 2, 201-205, 1995.<\/p>\n<p>\u00b7 Optimization in fuzzy clustering, in: Control and Cybernetics, 24, s. 409-419, 1995.<\/p>\n<p>\u00b7 Genetic evolution of neural network models for financial market forecasting, in: Nonlinear Financial Forecasting, Proceedings of the First INFFC, s.139-152, 1997 (coauthors: J. Korczak, J.-P. Novak, E. Dizdarevic, P. Ritter).<\/p>\n<p>\u00b7 Classification and data analysis in finance, in: Classification and Related Methods, s. 63-70, Springer,Tokyo 1998.<\/p>\n<p>\u00b7 Statistical approach in financial risk management - review of concepts, in: Classification in the information age, s. 115-123, Springer, Berlin 1999.<\/p>\n<p>\u00b7 Statistics and data analysis in market risk measurement, in: Gaul W., Opitz O., Schader M. (ed.), Data analysis, scientific modeling and practical application, s. 487-494, Springer, Berlin 2000.<\/p>\n<p>\u00b7 Standardisation of data set under different measurement scales, in: Decker R., Gaul W. (ed.), Classification and information processing at the turn of the millenium, s. 105-112, Springer, Berlin 2000 (coauthor: M. Walesiak).<\/p>\n<p>\u00b7 Dynamic models in the analysis of financial instruments, in: Dynamic Econometric Models, 4, s. 17-23, Wydawnictwo UMK, Toru\u0144 2000.<\/p>\n<p>\u00b7 The development of the Polish financial market after transformation, in: Analysis and international comparisons of social consequences of transformation processes in post-<\/p>\n<p>communist countries, s. 33-43, University of Economics, Bratislava 2001.<\/p>\n<p>\u00b7 Fuzzy clustering with squared Minkowski distances, Fuzzy Sets and Systems, 120, s. 227-237, 2001 (coauthor: P. Groenen).<\/p>\n<p>\u00b7 Risk of options - impact of volatility parameter, in: Ruan D., Kacprzyk J., Fedrizzi J. (ed.), Soft computing for risk evaluation and management, s. 487-500, Physica-Verlag, Heidelberg, 2001 (coauthor: K. Kuziak).<\/p>\n<p>\u00b7 Risk in finance. A statistical approach, in: Zelia\u015b A. (ed.), Contemporary problems of statistical and econometric research, s. 191-201, AE Krak\u00f3w 2001.<\/p>\n<p>\u00b7 The statistical foundations of financial instrument analysis, in: Zelia\u015b A. (ed.), Contemporary problems of statistical and econometric research, s. 202-210, AE Krak\u00f3w 2001.<\/p>\n<p>\u00b7 Modeling the relationship in financial risk management - copula analysis, in: Quantitative Methods in Economy and Business - Methodology and Practice in the New Millenium, s. 40-46, University of Economics in Bratislava, Bratislava 2002.<\/p>\n<p>\u00b7 On the generalized distance measure, in: Schwaiger M., Opitz O. (ed.), Exploratory data analysis in empirical research, s. 104-109, Springer, Berlin, 2003 (coauthors: M. Walesiak, A. B\u0105k).<\/p>\n<p>\u00b7 The general model of financial prices dynamics, in: Dynamic Econometric Models, 5, s. 5-13, Wydawnictwo UMK Toru\u0144, Toru\u0144 2002.<\/p>\n<p>\u00b7 Statistical and econometric data analysis - integration of approaches, in: Przestrzenno-czasowe modelowanie i prognozowanie zjawisk gospodarczych, s. 155-162, AE Krak\u00f3w, 2004.<\/p>\n<p>\u00b7 O pewnych modelach decyzji finansowych, Decyzje 1, 2004, s. 37-54.<\/p>\n<p>\u00b7 Quantitative methods in finance - development of theory and teaching programs, in: Education of quantitative mathematical-statistical methods on the universities of economics referring to future needs, s. 27-38, Svaty Jur, 2003.<\/p>\n<p>\u00b7 Tail dependence in multivariate data - review of some problems, in: Innovations in Classification, Data Science and Information Systems, s. 446-453, Springer-Verlag, Berlin.<\/p>\n<p>\u00b7 Application of copula functions in a modelling of relations in multivariate time series, in: Dynamic Econometric Models, s. 15-24, UMK, Toru\u0144 2004.<\/p>\n<p>\u00b7 Extreme value analysis and copula, in: Cizek P., Hardle W., Weron R. (ed.), Statistical tools for finance and insurance, s. 45-64, Springer, Berlin 2005 (coauthor: Papla D.).<\/p>\n<p>\u00b7 Model-based clustering - discussion on some approaches, in: Baier D., Decker R., Schmidt-Thieme L. (ed.), Data Analysis and Decision Support, s. 73-81, Springer, Berlin 2005.<\/p>\n<p>\u00b7 Copula approach in two-stock portfolio analysis, Prace Naukowe AE, 1088, s. 203-209, AE Wroc\u0142aw 2005.<\/p>\n<p>\u00b7 Mortgage loans portfolio credit risk modeling - general approach, in: Credit risk of mortgage loans. Modelling and management, s. 120-127, ZBP, Warszawa, 2005.<\/p>\n<p>\u00b7 Derivative instruments in real estate market, in: Credit risk of mortgage loans. Modelling and management, s. 372 - 380, ZBP, Warszawa, 2005.<\/p>\n<p>\u00b7 Tail dependence in bivariate distributions, Acta Universitas Lodziensis, 194, s. 33-52, 2005.<\/p>\n<p>\u00b7 Copula functions in model based clustering, in: From Data and Information Analysis to Knowledge Engineering, s. 606-613, Berlin 2006 (coauthor: Papla D.).<\/p>\n<p>\u00b7 Statistical analysis of multivariate data - on non-clasical approaches, in: Przestrzenno-czasowe modelowanie i prognozowanie zjawisk gospodarczych, s. 125-131, AE Krak\u00f3w, 2006.<\/p>\n<p>\u00b7 Application of extreme value analysis in portfolio analysis, Prace Naukowe AE, 1133, s. 130-138, AE, Wroc\u0142aw 2006.<\/p>\n<p>\u00b7 Rynek instrument\u00f3w finansowych w Polsce (po ukrai\u0144sku), in: Ewolucja polskiego systemu bankowego, s. 27-42, Wydawnictwo UMCS, Lublin 2006.<\/p>\n<p>\u00b7 Model risk measurement - general concept and particular models, in: Mathematical, econometrical and computational concepts in finance and insurance, s. 107-115, AE, Katowice 2006 (coauthor: Kuziak K.).<\/p>\n<p>\u00b7 On advanced credit risk modeling, in: Matematyczne i ekonometryczne metody oceny ryzyka finansowego, s. 65-72, AE, Katowice 2007.<\/p>\n<p>\u00b7 Multivariate distributions in financial data analysis - applications in portfolio approach, in: Acta Universitas Lodziensis, Folia Oeconomica, s. 379-387, \u0141\u00f3d\u017a 2008.<\/p>\n<p>\u00b7 Financial econometrics \u2013 25 years later, in: Dynamic Econometric Models, s. 5-12, UMK, Toru\u0144 2008.<\/p>\n<p>\u00b7 Instrumenty finansowe zabezpieczone hipotecznie, in: Wsp\u00f3\u0142czesna bankowo\u015b\u0107 hipoteczna, s. 93-102, CeDeWu, Warszawa 2010.<\/p>\n<p>\u00b7 Modelowanie ryzyka kredytowego portfela wierzytelno\u015bci hipotecznych, in: Wsp\u00f3\u0142czesna bankowo\u015b\u0107 hipoteczna, s. 157-170, CeDeWu, Warszawa 2010.<\/p>\n<p>\u00b7 Zastosowanie instrument\u00f3w pochodnych w zarz\u0105dzaniu ryzykiem wierzytelno\u015bci hipotecznych, in: Wsp\u00f3\u0142czesna bankowo\u015b\u0107 hipoteczna, s. 171-186, CeDeWu, Warszawa 2010.<\/p>\n<p>\u00b7 Indeksy rynku nieruchomo\u015bci, in: Wsp\u00f3\u0142czesna bankowo\u015b\u0107 hipoteczna, s. 201-207, CeDeWu, Warszawa 2010.<\/p>\n<p>\u00b7 Some standards in the portfolio performance evaluation, in: Rynek kapita\u0142owy. Zeszyty Naukowe, 612, s. 17-29, US, Szczecin 2010.<\/p>\n<p>\u00b7 Assessment of model risk in financial markets, Optimum Studia Ekonomiczne, 48, s. 35-43, 2010.<\/p>\n<p>\u00b7 Managing risk and investment in small business, in: Managing a small business in the contemporary environment, s. 175-194, Eurilink, Roma 2012.<\/p>\n<p>\u00b7 Stabilno\u015b\u0107 finansowa \u2013 nowe wyzwania dla nauki finans\u00f3w, in: Szkice o finansach, s. 117-123, Wydawnictwo UE Katowice, 2012.<\/p>\n<p>\u00b7 Zarz\u0105dzanie portfelem inwestycyjnym, in: Bankowo\u015b\u0107, s. 244-260, Wydawnictwo C.H. Beck, Warszawa 2013.<\/p>\n<p>\u00b7 Rozw\u00f3j polskiej my\u015bli statystycznej w naukach ekonomicznych, in: Przegl\u0105d Statystyczny, numer specjalny 1\/2012, s. 53-60.<\/p>\n<p>\u00b7 Systemic risk and financial stability in insurance: macroprudential policy concerns, in: Macroprudential supervision in insurance. Theoretical and practical aspects, s. 136-152, Palgrave MacMillan, London, 2014.<\/p>\n<p>\u00b7 Wsp\u00f3\u0142czesne trendy i wyzwania w zarz\u0105dzaniu ryzykiem finansowym \u2013 wprowadzenie, in: Ryzyko instytucji finansowych, wsp\u00f3\u0142czesne trendy i wyzwania, s. 27-47, CH. Beck, Warszawa 2016.<\/p>\n<p>\u00b7 Pomiar i analiza ryzyka \u2013 przegl\u0105d narz\u0119dzi, in: Ryzyko instytucji finansowych, wsp\u00f3\u0142czesne trendy i wyzwania, s. 341-370, CH. Beck, Warszawa 2016.<\/p>\n<p>\u00b7 From duration analysis to GARCH models \u2013 An approach to systematization of quantitative methods in risk measurement, Economics and Business Reviews, 16, s. 7-19, Pozna\u0144 2016.<\/p>\n<p>\u00b7 Model risk in finance \u2013 investor perspective, Transformations in Business and Economics, 15, s. 289-304, Vilnius 2016.<\/p>\n<p>\u00b7 Ryzyko inwestycji \u2013 pomiar w konwencji czasu, in: Ubezpieczenia we wsp\u00f3\u0142czesnym \u015bwiecie, problemy i tendencje, s. 73-83, UE, Wroc\u0142aw 2017.<\/p>\n<p>\u00b7 Financial investments \u2013 systematization, in: System finansowy w multiperspektywie, s. 41-53, Wydawnictwo Naukowe Wydzia\u0142u Zarz\u0105dzania UW, Warszawa 2018.<\/p>\n<p>\u00b7 Two complementary approaches in risk analysis, in: Finanse i zarz\u0105dzanie: wybrane wyzwania, s. 45-58, Wydzia\u0142 Nauk Ekonomicznych Uniwersytetu Warszawskiego, Warszawa 2018.<\/p>\n<p>\u00b7 Nauki ekonomiczne \u2013 dylematy klasyfikacji dyscyplin. Tendencje zmian, in: Ewolucja nauk ekonomicznych, PAN, s. 140-150, Warszawa 2019.<\/p>\n<p>\u00b7 Jak zmiany technologiczne zmieni\u0105 rynki finansowe?, in: Polityka pieni\u0119\u017cna i rynki finansowe wobec wyzwa\u0144 gospodarki 4.0, s. 141-156, CeDeWu, Warszawa 2019.<\/p>\n<p>\u00b7 Przemiany technologiczne i ich wp\u0142yw na badania naukowe i dydaktyk\u0119 nauk ekonomicznych, in: Ekonomia jako dyscyplina naukowa i kierunek kszta\u0142cenia. Aktualne trendy i po\u017c\u0105dane zmiany, s. 63-75, Difin, Warszawa 2020.<\/p>\n<p>\u00b7 Mathematical methods on the financial market: past developments and contemporary challenges, Metody ekonometryczne w makro- i mikroekonomii, s. 133-149, SGH, Warszawa 2020.<\/p>\n<p>\u00b7 The development of the economic sciences: two contemporary tendencies, Ruch Prawniczy, Ekonomiczny i Socjologiczny, 83, s. 279-296, 2021. \u00b7 Bank as a Stakeholder in the Financing of Renewable Energy Sources. Recommendations and Policy Implications for Poland, Energies, 14(19), 6422, 2021 (coauthors: Daszy\u0144ska-\u017bygad\u0142o K., Zabawa J.).<\/p>\n<p>\u00b7 Data Analysis for Risk Management \u2013 Economics, Finance and Business: New Development<\/p>\n<p>\u00b7 Badania naukowe w ekonomii i finansach a rozw\u00f3j technologiczny, w: Nauka polska. Szanse, bariery i wyzwania, s. 153-170, Wydawnictwo Naukowe Scholar , Warszawa 2023.<\/p>\n<p>\u00b7 Wsp\u00f3\u0142czesne dylematy metod statystycznych i ekonometrycznych w zastosowaniach spo\u0142eczno-ekonomicznych, w: Ewolucja nauk ekonomicznych II, s. 73-90, PTE, Warszawa 2023 (coauthors: Pociecha J., Szreder M.).<\/p>\n<p><\/div>\n<\/div>\n<\/div><\/div><div id=\"panel-611-1-0-3\" class=\"so-panel widget widget_sow-editor\" data-index=\"14\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h4 class=\"collapseomatic \" id=\"id69f72cc32b04d\"  tabindex=\"0\" title=\"&lt;strong&gt;Supervising and reviewing thesis&lt;\/strong&gt;\"    ><strong>Supervising and reviewing thesis<\/strong><\/h4><div id=\"target-id69f72cc32b04d\" class=\"collapseomatic_content \"><\/p>\n<ul>\n<li>Supervised 54 doctoral thesis (including 11 from abroad)<\/li>\n<li>Reviewing 157 doctoral thesis<\/li>\n<li>Reviewing 253 habilitation thesis<\/li>\n<li>Reviewing 61 applications for title of professor<\/li>\n<\/ul>\n<p><\/div>\n<\/div>\n<\/div><\/div><div id=\"panel-611-1-0-4\" class=\"so-panel widget widget_sow-editor\" data-index=\"15\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h4 class=\"collapseomatic \" id=\"id69f72cc32b12f\"  tabindex=\"0\" title=\"&lt;strong&gt;Most important scientific visits abroad&lt;\/strong&gt;\"    ><strong>Most important scientific visits abroad<\/strong><\/h4><div id=\"target-id69f72cc32b12f\" class=\"collapseomatic_content \"><\/p>\n<ul>\n<li>1.10.1981 - 30.06.1982 \u2013 visiting scholar (Fulbright grant) at Stanford University, Department of Statistics, USA<\/li>\n<li>1.10.1988 - 31.10.1988 \u2013 visiting professor at Swarthmore College, Swarthmore, Pennsylvania, USA<\/li>\n<li>1.11.1988 - 31.01.1989 \u2013 visiting professor at Stanford University, Department of Statistics, USA<\/li>\n<li>1.01.1990 - 31.05.1990 \u2013 visiting professor at Temple University, School of Business and Management, Philadelphia, Pennsylvania, USA<\/li>\n<li>1.02.1997-22.02.1997 \u2013 visiting professor at University of Richmond, Business School, Richmond, Virginia, USA<\/li>\n<li>Many short term visits as professor and lecturer in the following countries: Belgium, China, France, Netherlands, Ireland, Germany, United Kingdom, Sweden.<\/li>\n<\/ul>\n<p><\/div>\n<\/div>\n<\/div><\/div><div id=\"panel-611-1-0-5\" class=\"so-panel widget widget_sow-editor\" data-index=\"16\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h4 class=\"collapseomatic \" id=\"id69f72cc32b236\"  tabindex=\"0\" title=\"Research areas\"    >Research areas<\/h4><div id=\"target-id69f72cc32b236\" class=\"collapseomatic_content \"><\/p>\n<ul>\n<li>Financial markets<\/li>\n<li>Financial instruments:\n<ul>\n<li>basic financial instruments (equities, fixed income)<\/li>\n<li>derivatives<\/li>\n<li>financial instruments of alternative investments<\/li>\n<\/ul>\n<\/li>\n<li>Risk management and financial engineering:\n<ul>\n<li>risk analysis of real investments and financial investments<\/li>\n<li>risk management strategies<\/li>\n<li>investment portfolio theory and management<\/li>\n<\/ul>\n<\/li>\n<li>Real estate:\n<ul>\n<li>investments<\/li>\n<li>financing<\/li>\n<li>risk management<\/li>\n<li>valuation<\/li>\n<\/ul>\n<\/li>\n<li>New technology in finance:\n<ul>\n<li>Artificial intelligence (including machine learning)<\/li>\n<li>Big Data (acquisition and analysis)<\/li>\n<li>Algorithmic trading<\/li>\n<li>Blockchain<\/li>\n<li>Robo-advisory<\/li>\n<li>Digital assets<\/li>\n<\/ul>\n<\/li>\n<li>Ethics in finance<\/li>\n<li>Personal finance<\/li>\n<li>Econometrics<\/li>\n<li>Classification and multivariate statistical analysis<\/li>\n<li>Statistical data analysis<\/li>\n<\/ul>\n<p>Financial education<\/p>\n<p><\/div>\n<\/div>\n<\/div><\/div><div id=\"panel-611-1-0-6\" class=\"so-panel widget widget_sow-editor\" data-index=\"17\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h4 class=\"collapseomatic \" id=\"id69f72cc32b315\"  tabindex=\"0\" title=\"Courses\"    >Courses<\/h4><div id=\"target-id69f72cc32b315\" class=\"collapseomatic_content \"><\/p>\n<p><strong>Courses taught in English<\/strong><\/p>\n<ul>\n<li>Basics of Finance<\/li>\n<li>Methodology of Scientific Research<\/li>\n<li>Financial Mathematics<\/li>\n<li>Financial Market<\/li>\n<li>Ethics in Finance<\/li>\n<li>Monetary Policy<\/li>\n<li>Investment Analysis and Management<\/li>\n<li>Financial Case Studies<\/li>\n<li>Research Problems in Economics and Finance (Doctoral School)<\/li>\n<li>Ethics in Scientific Research (Doctoral School<\/li>\n<\/ul>\n<p><\/div>\n<\/div>\n<\/div><\/div><div id=\"panel-611-1-0-7\" class=\"so-panel widget widget_sow-editor panel-last-child\" data-index=\"18\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h4 class=\"collapseomatic \" id=\"id69f72cc32b3fb\"  tabindex=\"0\" title=\"&lt;strong&gt;Other important achievements&lt;\/strong&gt;\"    ><strong>Other important achievements<\/strong><\/h4><div id=\"target-id69f72cc32b3fb\" class=\"collapseomatic_content \"><\/p>\n<p>1995 \u2013 Knight\u2019s Cross of the Order of Polonia Restituta<\/p>\n<p>2001 \u2013 Medal of the National Education Commission<\/p>\n<p>2002 \u2013 Medal of the Polish Statistical Association<\/p>\n<p>2012 \u2013 honorary doctorate of Cracow University of Economics<\/p>\n<p>2012 \u2013 honorary professorship of Warsaw University of Technology<\/p>\n<p>2013 \u2013 Cristal Alumnus of Wroclaw University of Economics for the overall achievements in the research and teaching<\/p>\n<p>2019 \u2013 chosen as one of the most important 25 personalities in the history of Polish capital market<\/p>\n<p>2019 \u2013 chosen by Wroclaw Agglomeration Development Agency as one of the creative personalities in Wroclaw, as the authority in the area of finance, statistics, econometrics and risk management<\/p>\n<p>2022 \u2013 honorary doctorate of WSB University in D\u0105browa G\u00f3rnicza<\/p>\n<p>2022 \u2013 Officer\u2019s Cross of the Order of Polonia Restituta<\/p>\n<p>2023 \u2013 selected by representatives of companies related to the investment industry as the winner of the plebiscite for a man of merit for the development of the fund and asset management market<\/p>\n<p>2023 \u2013 Badge of Honor for Merit for Statistics of the Republic of Poland<\/p>\n<p>2023 \u2013 honorary professorship of University of Warmia and Mazury in Olsztyn<\/p>\n<p><\/div>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>Position: Room: E-mail: Phone: Student&#8217;s hours: Professor, Chairman of the Department building Z, room 417 krzysztof.jajuga@ue.wroc.pl +48 71 36 80 340 on the University website Scientific titles and degrees 1979&#8230; <\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-611","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/fire.ue.wroc.pl\/index.php?rest_route=\/wp\/v2\/pages\/611","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fire.ue.wroc.pl\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/fire.ue.wroc.pl\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/fire.ue.wroc.pl\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fire.ue.wroc.pl\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=611"}],"version-history":[{"count":24,"href":"https:\/\/fire.ue.wroc.pl\/index.php?rest_route=\/wp\/v2\/pages\/611\/revisions"}],"predecessor-version":[{"id":687,"href":"https:\/\/fire.ue.wroc.pl\/index.php?rest_route=\/wp\/v2\/pages\/611\/revisions\/687"}],"wp:attachment":[{"href":"https:\/\/fire.ue.wroc.pl\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=611"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}