Aleksander Welfe

Prof. Aleksander Welfe is a full professor and head of the Department of Econometric Models and Forecasts at the Faculty of Economic Sciences and Sociology, University of Łódź. He has held academic positions including Adjunct Professor at Warsaw School of Economics for over two decades. His primary role involves leading research in macroeconomic modeling and econometric time series analysis.

Education & Affiliations: He holds a habilitation (doctorate) in econometrics and has collaborated internationally, notably with Nobel laureate Lawrence R. Klein. He is the founder and editor-in-chief of the Central European Journal of Economic Modelling and Econometrics.

Research Focus: Specializes in macroeconomic modeling, time series analysis, non-stationary stochastic processes, and cointegration. His work emphasizes practical applications like Poland’s national economy models (WM-1), inflation dynamics, and energy price formation. He has pioneered structural break analysis in econometric models and developed methodologies for simulating economic policy scenarios.

Awards: Elected Full Member of the Polish Academy of Sciences for contributions to macroeconometric modeling, particularly Poland’s macroeconomic models used in policy analysis.

Grants & Labs: Leads research teams focused on economic forecasting and structural modeling. His department operates Poland’s primary macroeconomic modeling laboratory, producing influential policy reports and academic publications.

Teaching: Teaches advanced econometrics and macroeconomic modeling at both University of Łódź and Warsaw School of Economics, mentoring multiple generations of economists.