PROGRAM
Days: Wednesday, June 3rd Thursday, June 4th Friday, June 5th
Wednesday, June 3rd
View this program: with abstractssession overviewtalk overview
09:00-12:00 Session GA: INFER Board Meeting
Chair:
Inmaculada Martinez Zarzoso (University Jaume I, Spain)
Location: 3110
12:00-13:00INFER Board Lunch Break
Moxa Canteen
14:00-14:30 Session OS: Opening Session
Chair:
Andreea Stoian (Department of Finance and CEFIMO, Faculty of Finance and Banking, Bucharest University of Economic Studies, Romania)
Location: Aula Magna
14:30-15:30 Session PS1: Plenary Session
Chair:
Victor Dragotă (Bucharest University of Economic Studies, Department of Finance, and Center of Financial and Monetary Research (CEFIMO), Romania)
Location: Aula Magna
| 14:30 | No title (abstract) |
15:30-16:00Coffee Break
Piata Romana 6, Ion. N. Angelescu Building Ground Floor
16:00-18:00 Session S1a: Academic Writing for High Impact Journals
Chair:
Josep-Maria Arauzo-Carod (Universitat Rovira i Virgili (IU-RESCAT & ECO-SOS), Spain)
Location: Aula Magna
| 16:00 | Academic Writing for High Impact Journals (abstract) |
16:00-18:00 Session S1b: SS9-1:Economic Studies on Policies for Housing Affordability
Chairs:
Christian Oberst (German Economic Institute (IW), Germany)
Michael Stierle (European Commission, Task Force Housing, Belgium)
Michael Stierle (European Commission, Task Force Housing, Belgium)
Location: Virgil Madgearu
| 16:00 | Estimating Housing Supply Elasticities: Evidence from European Regions and Municipalities (abstract) PRESENTER: Despoina Balouktsi |
| 16:30 | The influence of place-varying supply and demand dynamics on EU Housing Markets (abstract) PRESENTER: Selim Banabak |
| 17:00 | Retail Rent Development in Urban and Inner-City Locations: Evidence from 16 German Metropolitan Cities between 2018–2025 (abstract) PRESENTER: Christian Oberst |
| 17:30 | Promoting Affordable Housing in a Market Economy: An Economic Perspective on Market Imperfections and Policy Failures (abstract) PRESENTER: Michael Stierle |
16:00-18:00 Session S1c: SS1-Beyond the AI Bubble: The Promise and Peril of How Intelligent Tools Reshape Markets, Policy, and the Environment
Chair:
Dan Gabriel Anghel (Bucharest University of Economic Studies and Institute for Economic Forecasting, Romania)
Location: Robert Schuman
| 16:00 | Intelligent Persistent Systematic Skewness (abstract) PRESENTER: Dan Gabriel Anghel |
| 16:30 | Enforcing Prudential Discipline: A Rule-Constrained LLM Framework for Financial Stability Reports (abstract) PRESENTER: Claudia Voicilă |
| 17:00 | Detecting Structural Breaks in Financial Time Series (abstract) PRESENTER: Urban Ulrych |
| 17:30 | Artificial Intelligence Exposure and Firm Performance: Evidence from Cross Sectional Firm Level and Dynamic Panel Analysis (abstract) PRESENTER: Diaa Weiss |
16:00-18:00 Session S1d: SS2-Financial Literacy
Chair:
Andreea Stoian (Department of Finance and CEFIMO, Faculty of Finance and Banking, Bucharest University of Economic Studies, Romania)
Location: Ion Răducanu
| 16:00 | Gender analysis in financial education using machine learning algorithms (abstract) PRESENTER: Miguel Cuerdo-Mir |
| 16:30 | The Sticky Floor of Financial Development: Non-Linear Effects of Financial Literacy (abstract) |
| 17:00 | Gender Disparities in Financial Literacy: Integrating Global Perspectives with Romanian Empirical Evidence (abstract) |
| 17:30 | The Use of Latent Variables to Measure Individuals' Risk Profile (abstract) |
18:15-20:30 Welcome cocktail
Piata Romana 6, Ion. N. Angelescu Building Ground Floor
Thursday, June 4th
View this program: with abstractssession overviewtalk overview
09:00-11:00 Session S2a: International trade and FDI
Chair:
Inmaculada Martinez Zarzoso (University Jaume I, Spain)
Location: 3110
| 09:00 | The Impact of Trade Policies and Geopolitical Factors on the Degree of Openness of Global Economies and on Global Business (abstract) PRESENTER: Filip Teodor Iorgulescu |
| 09:30 | Immigration and Trade Creation: Evidence from the Extensive and Intensive Margins (abstract) PRESENTER: Inmaculada Martinez Zarzoso |
| 10:00 | Can Industrial Policy Buy Ideas? Investment Promotion and Innovation (abstract) PRESENTER: Mariana Spatareanu |
| 10:30 | Gravity, but Different: Understanding Global Waste Trade in the Circular Economy Transition (abstract) PRESENTER: Stefano Bolatto |
09:00-11:00 Session S2b: SS6-1: Emerging Market MacroEconomics-EMME
Chair:
Pourroy Marc (Poitiers University, France)
Location: 3207
| 09:00 | External Public Debt and Real Exchange Rate: A Nonlinear Relationship across Developing Countries (abstract) |
| 09:30 | Tracking Inbound Portfolio Investments in Emerging Markets Through the Global Financial Cycle, Sustainable Investing, and Disrupting Events (abstract) PRESENTER: Kei-Ichiro Inaba |
| 10:00 | Asymmetric Skill Activation: Intangible Capital and Institutions in European Productivity Growth (abstract) PRESENTER: Viktória Kalaninová |
| 10:30 | The effect of geopolitical risks on inflation in emerging economies: What is the role of the Original sin redux channel? (abstract) PRESENTER: Pourroy Marc |
09:00-11:00 Session S2c: SS4-Geopolitical Risk and Economic Fragmentation: Implications for Financial Stability
Chair:
Matei Kubinschi (National Bank of Romania, Romania)
Location: 3209
| 09:00 | Multilateral financial integration and political conflict: a 3-player game of debt negotiation (abstract) PRESENTER: Peter Claeys |
| 09:30 | Bayesian Statistics and Economic Applications: DSGE and BVAR Models for Modelling Romanian Business Cycles (abstract) PRESENTER: Elisabeth T. Pereira |
| 10:00 | Energy Crisis and Bank Lending: Evidence from the Russian Invasion of Ukraine (abstract) PRESENTER: Katerina Gradeva |
| 10:30 | When Sanctions Escalate but Exit Does Not: Strategic Adaptation by European Financial Institutions. (abstract) PRESENTER: Hamed Ghiaie |
09:00-11:00 Session S2d: Fiscal Policy and Public Finance-1
Chair:
Mariam Camarero (University Jaume I, Spain)
Location: 3303
| 09:00 | Shaken Balances: Climate Risks and the Dynamics of Fiscal and External Sustainability (abstract) PRESENTER: José Alves |
| 09:30 | Dangerous Liaisons? Debt Supply and Convenience Yield Spillovers in the Euro Area (abstract) PRESENTER: Cristian Arcidiacono |
| 10:00 | Debt Revenue, Uncertainty, and Time-Varying Fiscal Discipline in Advanced Economies (abstract) PRESENTER: Juan Sapena |
| 10:30 | Do Fiscal Consolidations Make Banks Safer or Riskier? (abstract) PRESENTER: André Teixeira |
09:00-11:00 Session S2e: Energy and Environmental Economics
Chair:
Josep-Maria Arauzo-Carod (Universitat Rovira i Virgili (IU-RESCAT & ECO-SOS), Spain)
Location: 3304
| 09:00 | Mortality Responses to Climate Change in OECD Countries (abstract) PRESENTER: Josep-Maria Arauzo-Carod |
| 09:30 | Counterfactual Evaluation of Traffic Restrictions on Air Quality in Milan’s Congestion Charge Zone via Nuclear Norm-Based Matrix Completion (abstract) PRESENTER: Francesco Biancalani |
| 10:00 | IS CCS/BCCS/CCUS Lost in energy transition? (abstract) PRESENTER: Xavier Galiègue |
| 10:30 | Do Cultural Practices Matter in Energy Choice in Tribal Societies? An Empirical Study from Manipur, India (abstract) PRESENTER: Sonia Kahmei |
11:00-11:30Coffee Break
Moxa Canteen
11:30-12:30 Session PS2: Plenary Session
Chair:
Andreea Stoian (Department of Finance and CEFIMO, Faculty of Finance and Banking, Bucharest University of Economic Studies, Romania)
Location: 3M1
| 11:30 | Does exchange rate flexibility insulate our economies from external shocks? (abstract) |
12:45-13:45Lunch Break
Moxa Canteen
14:00-16:00 Session S3a: Macroeconomics
Chair:
Eleonora Cavallaro (Sapienzza University of Rome, Italy)
Location: 3110
| 14:00 | Fiscal Sustainability and the Role of Inflation (abstract) |
| 14:30 | Financial Structure Heterogeneity and Asymmetric Monetary Policy Transmission in a Monetary Union (abstract) PRESENTER: Eleonora Cavallaro |
| 15:00 | Intertemporal Preferences with Consumption Indivisibility (abstract) |
| 15:30 | Government Investment vs. Consumption: Fiscal Multipliers under Financial Frictions and a Two-Agent Framework (abstract) PRESENTER: Ernil Sabaj |
14:00-16:00 Session S3b: SS3-Financial Management
Chair:
Victor Dragotă (Bucharest University of Economic Studies, Department of Finance, and Center of Financial and Monetary Research (CEFIMO), Romania)
Location: 3207
| 14:00 | Dividends and workforce downsizing: the moderating role of ESG (abstract) PRESENTER: Delia Cornea |
| 14:30 | Social Values during Pandemic Crises: A Global Perspective on Dividend Policy (abstract) PRESENTER: Victor Dragotă |
| 15:00 | The Impact of Esg Ratings on Corporate Performance (abstract) |
| 15:30 | From Keywords to Capital – Search Engine Visibility and Firm Value (abstract) PRESENTER: Pedro Cerqueira |
14:00-16:00 Session S3c: Financial Markets and Asset Prices
Chair:
Elisabeta Pana (Central Connecticut State University, United States)
Location: 3209
| 14:00 | Presidential Elections and Sovereign Bond Spreads: Price and Uncertainty Effects from Romania’s 2025 Election (abstract) |
| 14:30 | DETERMINANTS AND DYNAMICS OF CREDIT QUALITY TRANSITIONS: EVIDENCE FROM THE ROMANIAN BANKING SECTOR (abstract) PRESENTER: Stefania Stancu |
| 15:00 | The Impact of Credit Default Swaps on Systemic Risk: Macroprudential Solvency and Liquidity Stress Testing (abstract) PRESENTER: Fabian Sandmeier |
| 15:30 | Economic Policy Uncertainty and Portfolio Management: Insights from Separately Managed Accounts (abstract) |
14:00-16:00 Session S3d: SS PhD-1
Chair:
Marc-Alexandre Senegas (University of Bordeaux, France)
Location: 3303
| 14:00 | The Effectiveness of EU Cohesion Policy in Addressing Regional Development Traps (abstract) PRESENTER: Viktória Adamkovičová |
| 14:30 | Rising Heat, Unequal Cooling: Evidence on Summer Energy Poverty in Southern Europe (abstract) |
| 15:00 | Economic Convergence in the Context of Sustainable Development Goals: Evidence from European Countries (abstract) PRESENTER: Tamara Cehlárová |
| 15:30 | Anticipating corporate emissions depending on the ambition and early action of companies (abstract) PRESENTER: Loïc Marcadet |
14:00-16:00 Session S3e: Behavioral and Monetary Economics
Chair:
Andreas Tsopanakis (Cardiff University, UK)
Location: 3304
| 14:00 | The effect of expected prices as a reference point on consumers' perceptions of monetary gains and losses. (abstract) |
| 14:30 | The Convergence Paradox: Euro Area vs. United States (abstract) |
| 15:00 | The Risks of Regulatory Fragmentation in the Stablecoin Market: The Case of Multi-Issuance Stablecoins (abstract) PRESENTER: Anastasia Sotiropoulou |
| 15:30 | Financial Stress Dynamics in European Economies: A Wavelet Coherence Analysis (abstract) PRESENTER: Andreas Tsopanakis |
16:00-16:30Coffee Break
Moxa Canteen
16:30-17:30 Session PS3: Plenary Session
Chair:
Cecilio Tamarit (University of Valencia, Spain)
Location: 3M1
| 16:30 | Trade and Industrial Policy in Supply Chains: Directed Technological Change in Rare Earths (abstract) |
17:30-18:00Coffee Break
Moxa Canteen
18:00-19:30 Session S4a: Meet the Editor - Q&A How to publish in high-quality journals
Chair:
Pawel Gajewski (University of Lodz, Poland)
Location: 3M1
18:00-19:30 Session S4b: SS9-2:Economic Studies on Policies for Housing Affordability
Chairs:
Christian Oberst (German Economic Institute (IW), Germany)
Michael Stierle (European Commission, Task Force Housing, Belgium)
Michael Stierle (European Commission, Task Force Housing, Belgium)
Location: 3110
| 18:00 | Interdistrict spillovers in sales housing prices: A tale of two cities (abstract) PRESENTER: Marta Gómez-Puig |
| 18:30 | El Clásico of Housing: Price Explosiveness in Madrid and Barcelona’s Real Estate Markets (abstract) PRESENTER: Simon Sosvilla-Rivero |
| 19:00 | Housing Deposit Channel of Monetary Policy and Housing Price Double-Dip (abstract) PRESENTER: Hamed Ghiaie |
18:00-19:30 Session S4c: SS7-Artificial Intelligence and the Need for New Inclusive and Sustainable Growth Paths
Chair:
Monica Ioana Pop Silaghi (Faculty of Economics and Business Administration, Babeș-Bolyai University, Cluj-Napoca, Romania, Romania)
Location: 3207
| 18:00 | Artificial Intelligence Adoption and Labor Productivity Growth Volatility: Evidence from Romanian Firms (abstract) PRESENTER: Katalin-Gizella Lukács |
| 18:30 | The Innovation Divide Across EU Regions: Does EU Funding Shape Distinct Innovation Transition Paths? (abstract) PRESENTER: Lubica Stiblarova |
| 19:00 | Factor migration, wages, and productivity: evidence from Italy. (abstract) PRESENTER: Federico Trionfetti |
18:00-19:30 Session S4d: SS8-Macroeconomics of Climate Change
Chairs:
Cristina Badarau (Univ. Bordeaux, France)
Corentin Roussel (Bureau d'Economie Théorique et Appliquée (BETA) - University of Strasbourg, France)
Corentin Roussel (Bureau d'Economie Théorique et Appliquée (BETA) - University of Strasbourg, France)
Location: 3209
| 18:00 | Public investment and the green transition in an endogenous growth model with pollution (abstract) PRESENTER: Ioan-Iulian Norocel |
| 18:30 | Should new prudential regulation discriminate green credit? A macrofinancial study for the output floor case (abstract) |
| 19:00 | Environmental Stringency and International Trade: a Look Across the Globe (abstract) PRESENTER: Bojan Shimbov |
18:00-19:30 Session S4e: SS6-2: Emerging Market MacroEconomics-EMME
Chair:
Pourroy Marc (Poitiers University, France)
Location: 3303
| 18:00 | Monetary policy and financial imbalances in emerging countries: The role of the financial channel of the exchange rate (abstract) |
| 18:30 | Exports, Foreign Investment and Environment: Is there a link? (abstract) PRESENTER: Silvia Adriana Peluffo |
| 19:00 | The Impact of the AfCFTA on Agricultural Trade and Welfare in Africa: General and Partial Equilibrium Effects (abstract) |
18:00-19:30 Session S4f: Agricultural Economics
Chair:
Dimitrios Papadas (HARPER ADAMS UNIVERSITY, UK)
Location: 3304
| 18:00 | Climate Variability and Yields Outcomes in Central India (abstract) PRESENTER: Mrinal Kanti Dutta |
| 18:30 | Negative Emission as a mitigation Climate Change tool : the case of Biochar (abstract) PRESENTER: Xavier Galiègue |
| 19:00 | Dynamic price transmission and time-varying connectedness in UK beef carcass and retail cuts (abstract) PRESENTER: Dimitrios Papadas |
19:45-22:30 Gala Dinner
Reper by ESS Restaurant
Friday, June 5th
View this program: with abstractssession overviewtalk overview
09:30-11:30 Session S5a: Banking and Political Economy
Chair:
Inmaculada Martinez Zarzoso (University Jaume I, Spain)
Location: 3110
| 09:30 | Sentiment Driven Loans (abstract) PRESENTER: Zuzana Kostalova |
| 10:00 | Do banks price firms’ climate transition risks? (abstract) PRESENTER: Wildmer Daniel Gregori |
| 10:30 | Political Economy of Peace: Transfers and Domestic Politics in International Conflict Games (abstract) |
09:30-11:30 Session S5b: Fiscal Policy and Public Finance-2
Chair:
Alexandru Minea (University Clermont Auvergne (LEO-UCA), France)
Location: 3207
| 09:30 | Was Italy Fiscally Dominant? The FTPL Hypothesis, Latent Fiscal Dominance, and the Bank of Italy–Treasury Divorce (abstract) |
| 10:00 | Public Debt and Economic Growth: A Fiscal Space-based Theory (abstract) PRESENTER: Alexandru Minea |
| 10:30 | Tight belts, different cuts: How political preferences shape the effects of fiscal rules (abstract) |
09:30-11:30 Session S5c: SS PhD-2
Chair:
Ingrid-Mihaela Dragotă (Bucharest University of Economic Studies, Romania)
Location: 3209
| 09:30 | Sentiment Score of NBR press releases to examine the movement of EUR/RON exchange rate (abstract) PRESENTER: Dimitri Calipolitis |
| 10:00 | The Digital Run: Simulating CBDC-Induced Credit Crunch in the Banking Sector (abstract) |
| 10:30 | Under the Spell of Crypto ? Crypto-Equity Spillovers and the Role of Market Integration. (abstract) |
09:30-11:30 Session S5d: Labor Market, Productivity and Economic Expectations
Chair:
Pawel Gajewski (University of Lodz, Poland)
Location: 3303
| 09:30 | Labor Market Shortages and the Phillips Curve (abstract) |
| 10:00 | Does Male Out-migration Increase Female Workforce Participation Rate of Farm Households? An Endogenous Switching Regression Analysis from Assam, India (abstract) PRESENTER: Mrinal Kanti Dutta |
| 10:30 | Does FDI Help or Hinder Productivity Growth? Evidence from EU Countries with a Focus on Central and Eastern Europe (abstract) PRESENTER: Pawel Gajewski |
| 11:00 | The Impact of Labor and Gender Provisions on Female-Intensive Trade (abstract) |
09:30-11:30 Session S5e: Banking and Finance
Chair:
Alin Marius Andries (Alexandru Ioan Cuza University of Iasi, Romania)
| 09:30 | Climate-Related Financial Policy and Systemic Risk (abstract) PRESENTER: Alin Marius Andries |
| 10:00 | Macroprudential policy and French asset market responses: evidence from an ARDL Bounds Testing approach (abstract) PRESENTER: Stefania Stancu |
| 10:30 | Regulation & Balance sheet Management a DSGE Approach (abstract) |
09:30-11:30 Session S5f: Sustainability and Innovation
Chair:
Josep-Maria Arauzo-Carod (Universitat Rovira i Virgili (IU-RESCAT & ECO-SOS), Spain)
| 09:30 | Cultural and Creative Industries in Slovakia: Trends, Drivers, and Spatial Patterns (abstract) PRESENTER: Josep-Maria Arauzo-Carod |
| 10:00 | The Ecological Footprint of G-7 Countries: A Novel Machine learning Approach (abstract) PRESENTER: Dimitrios Dimitriou |
| 10:30 | Integrating Economic and Regulatory Perspectives for Digital Sustainability: Advancing Circular Economy in Digital Devices through Material Lifecycle Management (abstract) PRESENTER: Josep-Maria Arauzo-Carod |
11:30-11:45Coffee Break
Moxa Canteen
11:45-12:00 Session PS4: Plenary Session-Farewell
Chair:
Georgiana Camelia Georgescu (Bucharest University of Economic Studies, Faculty of Finance and Banking, Romania)
Location: 3M1
12:00-18:00 Excursion to Gramofon wine
Excursion by bus to Gramofon Wine Comuna Iordăcheanu, Sat Mocești, Nr. 215, Prahova