Events organized by the NBR under the auspices of the Bucharest Economic Analysis and Research Seminar (BEARS) are held online or onsite (depending on participants’ availability). For more details you can check the table below.

The BEARS events will take place on a monthly basis (with the exception of December), usually on the last Thursday of the month, between 15.00 and 16.30 EET. In order to register for the seminar, the participants will send their request to bears@bnro.ro from an official work/institution e-mail address by Wednesday of the week of the event (COB). After registration, participants will receive access through a link sent by e-mail along with the online meeting details. The application used is Microsoft Teams (without the need to install it, as access can be done through the browser). Presentations will be held in Romanian or English.

The Bucharest Economic Analysis and Research Seminar (BEARS) is a regular event fostering scientific and applied economic debate. The seminar is a forum for economists (members of academia, central banks, international financial institutions etc.) to present their research. The National Bank of Romania has been organizing this seminar since 2017.

2024

Previous seminars

2022

Data	Speakers	Title	Media
22 November 2022 3:00 p.m.	Iulia Teodoru International Monetary Fund	Surging Energy Prices in Europe in the Aftermath of the War: How to Support the Vulnerable and Speed up the Transition Away from Fossil Fuels	Practical, Implementable, Targeted, and Cooperative Household (PITCH) Energy Policies
3 November 2022, 4:00 p.m.	Alexander Sandkamp University of Kiel (CAU), Kiel Institute (IfW)	Cutting through the Value Chain: The Long-Run Effects of Decoupling the East from the West
29 September 2022, 3:00 p.m.	Ibolya Schindele Magyar Nemzeti Bank	Monetary Policy and Household Loan Supply: Volume and Composition Effects
14 September 2022, 3:00 p.m.	Judit Rariga European Central Bank	The Anatomy of Consumption in a Household Foreign Currency Debt Crisis
4 August 2022, 3:00 p.m.	Cristina Manea Deutsche Bundesbank	Monetary Policy and Endogenous Financial Crises
23 June 2022, 3:00 p.m.	Michał Gradzewicz National Bank of Poland, SGH Warsaw School of Economics	How do firms respond to demand and supply shocks?
26 May 2022, 3:00 p.m.	Jan Žáček Czech National Bank	Monetary Policy and the Financial Cycle: International Evidence
5 May 2022, 5:00 p.m.	Ana Maria Santacreu Federal Reserve Bank of St. Louis, SUA	Global Supply Chain Disruptions and Inflation During the COVID-19 Pandemic
31 March 2022, 4:00 p.m.	Ohyun Kwon Drexel University, SUA	The Extraterritorial Effects of Sanctions
24 February 2022	Nicu Sprincean Alexandru Ioan Cuza University, Iași	The COVID-19 Pandemic and Sovereign Bond Risk
3 February 2022	Isabella Moder European Central Bank	The transmission of euro area monetary policy to financially euroised countries

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2021

Data	Speakers	Title	Media
25 November 2021	Gert Bijnens National Bank of Belgium Jozef Konings KU Leuven, Nazarbayev University Graduate School of Business Arthur Saint Guilhem European Central Bank	The interplay between green policy, electricity prices, financial constraints and jobs: firm-level evidence
4 November 2021	Adrian Ifrim Universitat Autònoma de Barcelona, Barcelona School of Economics	The Fed Put and Monetary Policy: An Imperfect Knowledge Approach
14 October 2021	Vincent Labhard European Central Bank	Digitalisation: channels, impacts and implications for monetary policy in the euro area Virtually everywhere? Digitalisation and the euro area and EU economies
9 September 2021	Cătălin Dragomirescu-Găină Universita Cattolica del Sacro Cuore, Milano	Uncertainty spill-overs: when policy and financial realms overlap
27 July 2021	Maria Bolboacă University of St. Gallen	Multinational's Entry: Boon or Bane for Non-Frontier Economies?
24 June 2021	Doina Rădulescu University of Bern	Effects of the COVID-19 Related Government Response Stringency and Support Policies: Evidence from European Firms
27 May 2021	Jacopo Mazza European Commission Joint Research Centre	Being on the Frontline? Immigrant Workers in Europe and the COVID-19 Pandemic
6 May 2021	Phurichai Rungcharoenkitkul Bank for International Settlements	Macroeconomic consequences of pandexit
25 March 2021	Dimitris Christelis Adam Smith Business School, University of Glasgow	The Covid-19 crisis and consumption: survey evidence from six EU countries
25 February 2021	Bálint Csaba NBR, Babeș-Bolyai University Csala Dénes Lancaster University, Babeș-Bolyai University Nagy Bálint-Zsolt Babeș-Bolyai University Szász Levente Babeș-Bolyai University	A visual exploration of the impact of the pandemic on the Romanian economy (website UBB - FSEGA)
4 February 2021	Simona Nistor Babeș-Bolyai University	Catch, restrict, and release: The real story of bank bailouts

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2020

Date & Time	Speaker	Title	Gallery
27 February 2020	István Kónya Hungarian Academy of Sciences	Labor shares in the EU - sectoral effects and the role of relative prices
30 January 2020	Alina Botezat “Gh. Zane” Institute for Economic and Social Research, Romanian	Labour Migration: Who Loses, Who Benefits in the Country of Origin? Evidence from Romania

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2019

Date & Time	Speaker	Title	Gallery
14 November 2019	Marcel Voia University of Orleans, Carleton University	Cash in the pocket, Cash in the cloud: cash holdings of Bitcoin users
31 October 2019	Marcin Kolasa SGH Warsaw School of Economics, National Bank of Poland	International spillovers of quantitative easing
26 September 2019	Friederich Schneider Johannes Kepler University Linz	Shadow Economies Around the World: What Did We Learn Over the Last 20 Years?
5 August 2019	Gabriel Kreindler Harvard University	Measuring Commuting and Economic Activity inside Cities with Cell Phone Records
30 July 2019	Cristian Pop-Eleches Columbia University	Doing Applied Microeconomic Research on Romania
27 June 2019	Corina Boar New York University	Markups and Inequality
31 May 2019	Carlo Altavilla European Central Bank	Banking Supervision, Monetary Policy and Risk-Taking: Big Data Evidence from 15 Credit Registers
25 April 2019	Mariarosaria Comunale Bank of Lithuania	A panel VAR analysis of macro-financial imbalances in the EU
28 March 2019	Álmos Telegdy National Bank of Hungary	The effects of Direct Enterprise Subsidies on Firms and Workers. Evidence from Hungary.
28 February 2019	Bogdan Negrea Bucharest University of Economic Studies	The Endogenous Price under Perfect Liquidity
31 January 2019	Björn van Roye European Central Bank	The BEAR toolbox

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2018

Date & Time	Speaker	Title	Gallery
29 November 2018	Miguel Ampudia European Central Bank	Monetary policy and bank equity values in a time of low interest rates
8 noiembrie 2018	Francesco Zanetti University of Oxford	State Dependence in Labor Market Fluctuations: Evidence, Theory and Policy Implications
27 September 2018	Mihnea Constantinescu PrepayWay AG	Business and Financial Spillovers: Mind the Global Gap
17 August 2018	Felicia Ionescu The Board of Governors, Federal Reserve, SUA	Stock Market Participation: The Role of Human Capital Is the Stock Market an Alternative to College? For Whom?
9 August 2018	Smaranda Pantea Ministry of Public Finance	Industrial Policy at Work: Evidence from Romania’s Income Tax Break for Workers in IT
6 July 2018	Cosmin Iluţ Duke University, SUA	Learning, Confidence, and Business Cycles
7 June 2018	Răzvan Vlahu De Nederlandsche Bank, Netherlands	Mortgage arrears, regulation and institutions: Cross-country evidence
5 June 2018	Isabela Manelici PhD Candidate, University of California, Berkeley	The Causal Effects of Joining Multinational Supply Chains (presentation) based on paper: The Causal Effects of Joining Multinational Supply Chains: Evidence from Firm-to-Firm Linkages
27 April 2018	Cristina Jude Banque de France, France	Does FDI crowd out domestic investment in transition countries?
29 March 2018	Radu Tunaru Kent Business School, UK	The systemic risk of the U.S. and European banking sector: An empirical comparison of market-based approaches
22 February 2018	Alin Andrieş Alexandru Ioan Cuza University, Romania	Central bank independence and systemic risk contribution
26 January 2018	Marek Jarociński European Central Bank	Central Bank Information Shocks

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2017

Date & Time	Speaker	Title	Gallery
29 November 2017	Andrei Zlate Federal Reserve Bank of Boston, USA	Wholesale Funding Runs, Internal Capital Markets, and the Bank Lending Channel based on: Liquidity Shocks, Dollar Funding Costs, and the Bank Lending Channel during the European Sovereign Crisis
25 October 2017	Pierre Monnin Council of Economic Policies, Switzerland	How Would Monetary Policy Look Like if John Rawls Had Been Hired as a Chairman of the Fed?
28 September 2017	Florin Bîlbîie Paris School of Economics, France	The New Keynesian Cross: Understanding Monetary Policy and Forward Guidance with Heterogeneous Households based on: The New Keynesian Cross: Understanding Monetary Policy with Hand-to-mouth Households The Puzzle, the Power, and the Dark Side: Forward Guidance Redux Optimal Monetary Policy and Liquidity with Heterogeneous Households

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For further details, please contact bears@bnro.ro.