Authors: Irina Bojescu, Giulia Kondort, Roxana Cioc, Maria Barbul Vol. 11 • Special Issue • 2026 View abstract PDF View article PDF Abstract Privacy has become one of the central concerns in the relationship between consumers and artificial intelligence, yet the notion of artificial intelligence covers technologies that differ considerably in the way they handle …
Authors: Răzvan-George Cotescu Vol. 11 • Special Issue • 2026 View abstract PDF View article PDF Abstract The rapid expansion of digital financial infrastructures has substantially increased formal financial inclusion across low- and middle-income economies. However, greater access to financial services does not necessarily translate into active participation within digital financial systems. This paper investigates …
Authors: Oxana Barbăneagră, Gabriela Gîndea Vol. 11 • Special Issue • 2026 View abstract PDF View article PDF Abstract This paper analyzes the relationship between economic decision-making rationality, behavioral biases, and the role of financial literacy in mitigating decision-making distortions. The research is grounded in the premise that a higher level of financial literacy contributes …
Author: Andreea Mogda Vol. 11 • Special Issue • 2026 View abstract PDF View article PDF Abstract This paper investigates the dynamic relationships between financial intermediation, monetary policy and Romania’s macroeconomic performance in the context of convergence towards the standards of the Organisation for Economic Co-operation and Development. The study estimates a Bayesian Vector Autoregressive …
BAYESIAN VAR EVIDENCE ON ROMANIA’S FINANCIAL MARKET MATURITY AND MACROECONOMIC DYNAMICS Read More »
Authors: Răzvan-George Cotescu Vol. 11 • Special Issue • 2026 View abstract PDF View article PDF Abstract This paper explores the drivers of financial resilience in low- and middle-income countries, with particular attention to the relative importance of saving behavior, financial constraints and exposure to financial risks. Based on a dual-risk framework, the analysis distinguishes …
Authors: Răzvan Alexandru Popp, Ieronim-Georgian Ștefan, Daniel Danilov, Valentina Ofelia Robescu Vol. 11 • Special Issue • 2026 View abstract PDF View article PDF Abstract This article examines the role of the European Sustainability Reporting Standards (ESRS) as a financial education tool, proposing a different perspective where the sustainability standards act not only as a …
Authors: Angela Secrieru, Eduard Kenig Vol. 11 • Special Issue • 2026 View abstract PDF View article PDF Abstract The insurance sector plays a crucial role in ensuring financial stability, managing risk, and supporting sustainable economic development. In this context, this paper aims to assess the level of development and the structural characteristics of the …
Authors: Paul Cristian Donoiu, Bogdan Ionuț Anghel Vol. 11 • Special Issue • 2026 View abstract PDF View article PDF Abstract This article assesses the out-of-sample performance of classical volatility-based econometric models, modern AI models and meta-hybrid models in estimating financial risk for 30 international financial assets. Using daily returns computed from Yahoo Finance price …
Authors: Valentina Butmalai, Nicoleta Cristache, Alina-Florentina Saracu, Sabin Murariu, Marius Iosif, Andrei Vizitiu Vol. 11 • Special Issue • 2026 View abstract PDF View article PDF Abstract This article investigates the role of digital platforms on enhancing the financial literacy of households in Romania. The digitalization of the financial sector builds new opportunities for approach …
Author: Ibolya-Mercedesz Török Vol. 11 • Special Issue • 2026 View abstract PDF View article PDF Abstract The 2023 revision of the Corporate Governance Principles of the Organisation for Economic Co-operation and Development (OECD) emphasises transparency, sustainability, and long-term value creation. In the context of Romania’s OECD accession process, aligning corporate governance practices with these …
