This paper applies a DSGE model to find whether the way of financing QE2 matters for the reaction of the economy. The model includes a segmented bond market structure, thus the large-scale asset purchases may successfully influence the economy. It is shown that the effects on macroeconomic variables are very similar regardless of whether the government finances the purchases by lump-sum taxes or by short-term debt which signifies that the quantitative deviation from Ricardian equivalence introduced by bond market segmentation is insignificant. The redistribution effects caused by financing are noticeable.

The Kórnik Library is one of the oldest and most valuable establishments in Poland. By creating a library during the Partitions of Poland and collecting valuable old books and manuscripts, Tytus Działyński intended to save and foster Polish culture and traditions for posterity. Heir to Tytus – Jan Działyński – secured and expanded the Library. Having no heir himself, Jan Działyński left the Działyński inheritance to his nephew, Władysław Zamoyski, who continued his grandfather's and uncle's work. Just before his death, Władysław Zamoyski donated the entire inherited property to the Polish nation. In 1924, he established a Foundation meant to supervise the Library, a museum and the Institute of Dendrology. The Zakłady Kórnickie Foundation operated until 1953 when it was taken over by the Polish Academy of Sciences and has remained within its structure until today. The library continues assembling, developing and sharing its collections. The latest technologies have enabled us to provide the library and museum collections to the largest possible number of readers. The collections have been successively digitized and made available on the Digital Platform of the Kórnik Library created as part of the EU project POPC.02.03.01-IP.01-00-002/15 “Digital access to the resources of the Polish Academy of Sciences in the Library”.