The aim of the international conference ESPERA 2016 was to present and evaluate the economic scientific research portfolio, to argue and substantiate Romanian development strategies – including European and global best practices. The plenary session and the parallel sections were centered on...

The International Conference GLOBALIZATION Economic, Social and Moral Implications was organized by Research Association for Interdisciplinary Studies, “Athenaeum” University of Bucharest, Institute for Economic Forecasting Romanian Academy, Scientia Moralitas Research Institute and The...

Our purpose is to verify the predictive performances of the artificial neural networks (ANNs) under volatile statistics and possibly incomplete information. Daily forecasts of exchange rate using exclusively primary available information for an emergent economy (such as the Romanian one) could...

We live today in a changing society based on the globalization and better valorisation of the human capital. The human capital is the central driver force for competitiveness and development of the new technology and patent and a necessary factor for their efficient use in the new society. In...

The main aim of this article is to model the quarterly real money demand in Romania and to make short-run forecasts for 2014:Q1-2015:Q1. A vector-autoregressive model (VAR(1)) was built for stationary data series of real money demand, real GDP and spread between active and pasive interest rate...

The phenomenon of arrears is difficult to capture due to its complexity. In this context, the paper aims at providing a unified perspective on the phenomenon by building a picture of the network of arrears in Romania which reflects the relations between the main economic actors involved. The...