This theme presents a series of data concerning to the Romanian investments on the capital market.

The process of adhesion to the European structures imposes a certain direction to the capital markets and by this to the economic development. 

Investment companies are exploring the best opportunities on financial markets for financial instruments transactions in order to optimize the portfolio structure and to diversify the risk. Trading the financial derivatives is assumed to be one of the most efficient methods to increase the...

Within the optimisation effort associated with the European financial markets integration special attention is paid to two important initiatives: the Banking Union and the Capital Markets Union (CMU). Both projects are also important for Romania, considering the current status of the economy and...

Negative interest rates, as an instrument of monetary policy, are regarded by the central authorities as a stimulant for the growth of real economy through: decrease of lending costs, increase of consumption, decrease of volatility and so on. However this policy has a negative influence within...

Social contributive insurance systems which are based on the repartition principle between generations are strongly influenced by the demographic evolutions.

Taking into consideration that, in order to talk about science we need both different opinions and construtive criticism, the starting point of the issue would be: “How do we succeed to manage in a constructive way different theories that debate the same theme- the economic crisis?”. As a...

Taking into consideration that, in order to talk about science we need both different opinions and construtive criticism, the starting point of the issue would be: “How do we succeed to manage in a constructive way different theories that debate the same theme- the economic crisis?”. As a...

This paper approaches some simple methods for the calendar anomalies identification. Taking the TOY Effect as an example, we show how the t tests or the OLS regressions could be used to detect a seasonal component of the financial assets’ returns.

Some calendar anomalies that were detected in the stock markets could be also found in the foreign exchange markets. This paper approaches the presence of Turn-of-the-Year Effect in the logarithmic returns of Romanian leu – US dollar exchange rate daily values for a period that starts in July...