User profiles for Damir Tokic

Damir Tokic

University of Texas Rio Grande Valley
Verified email at utrgv.edu
Cited by 618

BlackRock Robo‐Advisor 4.0: When artificial intelligence replaces human discretion

D Tokic - Strategic Change, 2018 - Wiley Online Library
BlackRock, the largest US investment management firm, has started to replace human stock‐pickers
with the full automated investment program, based on self‐learning artificial …

The economic and financial dimensions of degrowth

D Tokic - Ecological Economics, 2012 - Elsevier
We respond to the call for future research on degrowth and specifically analyze the implications
of economic degrowth on the monetary and financial system. We argue that any early …

The 2014 oil bust: Causes and consequences

D Tokic - Energy Policy, 2015 - Elsevier
This article suggests that the 2014 oil price collapse was possibly triggered by the falling
Euro versus the US Dollar. Specifically, the USD/EUR exchange rate likely adjusted to the …

Long‐term consequences of the 2020 coronavirus pandemics: Historical global‐macro context

D Tokic - Journal of corporate accounting & Finance, 2020 - Wiley Online Library
The COVID‐19 pandemics is likely to accelerate the trends of de‐globalization and de‐dollarization.
Over the long term, the major financial consequence is likely to be the accelerated …

Rational destabilizing speculation, positive feedback trading, and the oil bubble of 2008

D Tokic - Energy Policy, 2011 - Elsevier
This article examines how the interaction of different participants in the crude oil futures markets
affects the crude oil price efficiency. Normally, the commercial market participants, such …

The passive investment bubble

D Tokic - Journal of Corporate Accounting & Finance, 2020 - Wiley Online Library
Since the 2008 financial crisis, investors have significantly increased their allocation to
passive investment vehicles, such as the exchange traded funds. At the same time, the active …

A probit-based analysis of the deep stock market drawdowns

D Tokic, D Jackson - Journal of Economic Studies, 2023 - emerald.com
Purpose This study is motivated in part by the fact that the unfolding 2022 bear market, which
has reached the −25% drawdown, has not been preceded by the inverted 10Y-3 m spread …

The 2008 oil bubble: Causes and consequences

D Tokic - Energy Policy, 2010 - Elsevier
We argue that “the 2008 Oil Bubble” was directly and indirectly created by the Federal Reserve
in response to deflationary risks that resurfaced after the housing bubble burst and the …

Speculation and the 2008 oil bubble: The DCOT Report analysis

D Tokic - Energy policy, 2012 - Elsevier
This article analyzes the CFTC's Disaggregated Commitments of Traders (DCOT) Report to
get more insights into the behavior of different traders during the 2008 oil bubble. The …

Robinhoods and the Nasdaq whale: The makings of the 2020 big‐tech bubble

D Tokic - Journal of Corporate Accounting & Finance, 2020 - Wiley Online Library
This article discusses the big‐tech bubble of 2020, which has all characteristics of the
positive‐feedback trading model bubble. The rational speculation activity successfully attracted the …