BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//FABBV - ECPv6.16.4.1//NONSGML v1.0//EN
CALSCALE:GREGORIAN
METHOD:PUBLISH
X-ORIGINAL-URL:https://fabbv.ase.ro
X-WR-CALDESC:Evenimente pentru FABBV
REFRESH-INTERVAL;VALUE=DURATION:PT1H
X-Robots-Tag:noindex
X-PUBLISHED-TTL:PT1H
BEGIN:VTIMEZONE
TZID:UTC
BEGIN:STANDARD
TZOFFSETFROM:+0000
TZOFFSETTO:+0000
TZNAME:UTC
DTSTART:20250101T000000
END:STANDARD
END:VTIMEZONE
BEGIN:VEVENT
DTSTART;TZID=UTC:20260421T160000
DTEND;TZID=UTC:20260421T200000
DTSTAMP:20260407T110415Z
CREATED:20260407T110415Z
LAST-MODIFIED:20260407T110415Z
UID:7589-1776787200-1776801600@fabbv.ase.ro
SUMMARY:The Sticky Floor of Financial Development: Non-Linear Effects of Financial Literacy
DESCRIPTION:Dan Mihai Dima\nBucharest University of Economic Studies and Institute for Economic Forecasting\, Romanian Academy; dan.dima@fin.ase.ro \nAbstract:\nThis study investigates distributional heterogeneity in the relationship between financial literacy and demand-side financial development across Europe. Using microdata from Eurobarometer Flash Survey 525 (N = 24\,356)\, we construct a latent household-level financial development variable via Polychoric Principal Component Analysis and Item Response Theory\, then apply conditional quantile regression to estimate how the effect of financial literacy varies across the full distribution of household financial engagement. We document a structural „sticky floor”: below the 20th percentile\, financial literacy has no statistically discernible effect on financial development\, reflecting a non-responsive zone driven by supply-side barriers rather than knowledge deficits. Above this zone\, the marginal effect of financial literacy increases monotonically through the upper-middle quantiles before attenuating at the top – consistent with product saturation. A comparative analysis of Eastern and Western European subsamples reveals that this non-responsive zone extends significantly deeper in transition economies\, where literacy effects remain statistically dormant until approximately the 40th percentile. These findings challenge the universalist framing of financial education policy and argue for sequenced interventions that prioritize structural access before broad-based literacy campaigns. \nZoom:\nhttps://ase.zoom.us/j/88975840175?pwd=Q0ZnbHl0TjhqcEtzVnhMUWRmdWdPQT09 \nActivitate de socializare: TBD
URL:https://fabbv.ase.ro/event/the-sticky-floor-of-financial-development-non-linear-effects-of-financial-literacy/
LOCATION:Sala 3M4\, Clădirea Moxa\, Str.Mihail Moxa nr 5-7\, București\, Romania
CATEGORIES:Seminar științific
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20260428T160000
DTEND;TZID=UTC:20260428T200000
DTSTAMP:20260407T110938Z
CREATED:20260407T110938Z
LAST-MODIFIED:20260407T110938Z
UID:7596-1777392000-1777406400@fabbv.ase.ro
SUMMARY:The Intelligent Skewness Factor
DESCRIPTION:Alexandru Minea \nUniversity of Orléans\, University Clermont Auvergne\, and Carleton University; alexandru.minea@uca.fr \nAbstract: \nThis paper introduces a fiscal feedback rule (FFR) in an endogenous growth model with public debt dynamics. We assume that part of the debt burden is covered by tax increases (we name this “sterilization”)\, while the remaining part is financed by issuing new debt. We show that while low sterilization does not ensure the existence of a long-run steady state\, high sterilization can lead to multiple steady states and aggregate instability in the form of local and global indeterminacy\, potentially condemning the economy to a low-growth/high-debt trap steady state and long-lasting public debt cycles. By combining econometric estimations and a calibration exercise on developed economies\, we highlight that these various perils can occur for empirically plausible values of the sterilization coefficient. \nZoom:\nhttps://ase.zoom.us/j/88975840175?pwd=Q0ZnbHl0TjhqcEtzVnhMUWRmdWdPQT09 \nActivitate de socializare: TBD
URL:https://fabbv.ase.ro/event/the-intelligent-skewness-factor/
LOCATION:Sala 3M4\, Clădirea Moxa\, Str.Mihail Moxa nr 5-7\, București\, Romania
CATEGORIES:Seminar științific
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20260505T160000
DTEND;TZID=UTC:20260505T200000
DTSTAMP:20260407T111034Z
CREATED:20260407T111034Z
LAST-MODIFIED:20260407T111034Z
UID:7598-1777996800-1778011200@fabbv.ase.ro
SUMMARY:The Intelligent Skewness Factor
DESCRIPTION:Dan Gabriel Anghel \nBucharest University of Economic Studies and Institute for Economic Forecasting\, Romanian Academy; dan.anghel@fin.ase.ro \nAbstract: \nTBA. \nZoom:\nhttps://ase.zoom.us/j/88975840175?pwd=Q0ZnbHl0TjhqcEtzVnhMUWRmdWdPQT09 \nActivitate de socializare: TBD
URL:https://fabbv.ase.ro/event/the-intelligent-skewness-factor-2/
LOCATION:Sala 3M4\, Clădirea Moxa\, Str.Mihail Moxa nr 5-7\, București\, Romania
CATEGORIES:Seminar științific
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20260519T160000
DTEND;TZID=UTC:20260519T200000
DTSTAMP:20260407T111125Z
CREATED:20260407T111125Z
LAST-MODIFIED:20260407T111125Z
UID:7600-1779206400-1779220800@fabbv.ase.ro
SUMMARY:A Unified Framework for Anomalies based on Daily Returns
DESCRIPTION:Adam Zaremba \nMBS School of Business & Poznan University of Economics and Business & Monash University; adam.zaremba@ue.poznan.pl \nAbstract: \nNumerous cross-sectional equity anomalies draw on the same underlying information: the sequence of daily returns over the previous month. Using a data-driven approach\, we estimate the empirical mapping from the distribution of last month’s daily returns to future performance without imposing functional forms. The resulting Daily Return Information Factor (DRIF) earns economically large premia\, holds across subsamples and research designs\, and remains significant after controlling for the modern factor zoo. DRIF subsumes most short-horizon and lottery-style anomalies and emerges as a key factor in asset pricing tests. \nZoom:\nhttps://ase.zoom.us/j/88975840175?pwd=Q0ZnbHl0TjhqcEtzVnhMUWRmdWdPQT09 \nActivitate de socializare: TBD
URL:https://fabbv.ase.ro/event/a-unified-framework-for-anomalies-based-on-daily-returns/
LOCATION:Sala 3M4\, Clădirea Moxa\, Str.Mihail Moxa nr 5-7\, București\, Romania
CATEGORIES:Seminar științific
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20260601T080000
DTEND;TZID=UTC:20260601T170000
DTSTAMP:20260403T125055Z
CREATED:20260329T130430Z
LAST-MODIFIED:20260403T125055Z
UID:7188-1780300800-1780333200@fabbv.ase.ro
SUMMARY:Open day Masterat
DESCRIPTION:FABBV organizează\, începând cu anul 2019 evenimentul Open Day Masterat\, unde directorii programelor\, alături de studenții reprezentanți\, prezintă oferta educațională și specificul fiecărui program de masterat din cadrul FABBV. Astfel\, potențialii candidați sunt încurajați să continue studiile de licență cu un program de masterat\, având acces la toate informațiile și oportunitățile ce le stau la dispoziție.
URL:https://fabbv.ase.ro/event/open-day-masterat/
LOCATION:București
CATEGORIES:Event
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20260601T080000
DTEND;TZID=UTC:20260601T170000
DTSTAMP:20260403T124948Z
CREATED:20260329T130516Z
LAST-MODIFIED:20260403T124948Z
UID:7190-1780300800-1780333200@fabbv.ase.ro
SUMMARY:Finance Internship Fair 2026
DESCRIPTION:Un eveniment dedicat conectării studenților cu organizațiile din domeniul financiar\, oferindu-le oportunitatea de a descoperi programe de internship relevante\, disponibile în bănci\, instituții financiare\, companii de investiții\, fintech-uri\, companii de consultanță\, asigurări și alte entități din industria financiară. Evenimentul are rolul de a facilita discuții directe între studenți\, reprezentanți ai companiilor și alumni care lucrează deja în sector\, în vederea unei mai bune orientări profesionale.
URL:https://fabbv.ase.ro/event/finance-internship-fair-2026/
LOCATION:București
CATEGORIES:Event
END:VEVENT
BEGIN:VEVENT
DTSTART;TZID=UTC:20260801T080000
DTEND;TZID=UTC:20260801T170000
DTSTAMP:20260605T144205Z
CREATED:20260329T130551Z
LAST-MODIFIED:20260605T144205Z
UID:7192-1785571200-1785603600@fabbv.ase.ro
SUMMARY:Ziua Stagiarilor CEFIMO
DESCRIPTION:Evenimentul marchează finalizarea stagiului de practică de un an la Centrul de Cercetari Financiar-Monetare al FABBV. Ziua Stagiarilor CEFIMO este o oportunitate de diseminare a rezultatelor cercetării și de împărtășire a experienței academice pentru noua generație de studenți din anul I.
URL:https://fabbv.ase.ro/event/ziua-stagiarilor-cefimo/
LOCATION:București
CATEGORIES:Event
END:VEVENT
END:VCALENDAR