Darko B. Vukovic

Chief expert, Research Center for Market Efficiency and Applied Finance

Assosiate Professor, Department of Finance and Accounting

Darko B. Vukovic
Courses

Financial Risk Management, Theory of Finance, Financial Forecasting, Asset Pricing

ACADEMIC AND ADMINISTRATIVE POSITIONS

  • Head of International Laboratory for Finance and Financial Markets, Faculty of Economics, People’s Friendship University of Russia (RUDN University, Moscow, Russia.
  • Head of Department for Regional Geography (Regional Economics), Serbian Academy of Sciences and Arts, Belgrade, Serbia.
  • Guest professor, Fudan School of Economics, Fudan University, Shanghai, China (2023).
  • Guest professor, La Salle University, Bogota, Colombia (2022).
  • Guest scholar, Fudan Development Institute, Fudan University, Shanghai, China (2024).

RESEARCH

  • Financial Risk Management, Deep machine learning in finance, Digital finance, Portfolio theory, AI in finance.

EDUCATION AND ACADEMIC DEGREES

SELECTED RESEARCH PUBLICATIONS

  • Maiti, M., Vukovic, D., Frömmel, m. (2023). Quantifying the asymmetric information flow between Bitcoin prices and electricity consumption, Finance Research Letters, 57(2023), 104163.
  • Vukovic, D. B., Spitsina, L., Spitsin, V., & Gribanova, E. (2023). The joint impact of working capital and platform-economy on firm profitability: The case of e-business model in transition country. Journal of Open Innovation: Technology, Market, and Complexity, 9(2), 100060.
  • Vukovic, D., Maiti, M., Frömmel, M. (2022). Inflation and portfolio selection, Finance Research Letters, 50 (December 2022), 103202.
  • Vukovic, D. B., Romanyuk, K., Ivashchenko, S., & Grigorieva, E. (2022). Are CDS spreads predictable during the Covid-19 pandemic? Forecasting based on SVM, GMDH, LSTM and Markov switching autoregression, Expert Systems with Applications, 116553.
  • Maiti, M, Vuković, D, Mukherjee, A, Paikarao, PD, Yadav, JK. (2021). Advanced data integration in banking, financial, and insurance software in the age of COVID-19, Softw: Pract Exper. 52(4), 887-903.
  • Vukovic, D.B., Rincon, C.J. & Maiti, M. (2021). Price distortions and municipal bonds premiums: evidence from Switzerland, Financial Innovation 7, 60 (2021).
  • Vukovic, D., Lapshina, K., Maiti, M. (2021). Wavelet Coherence Analysis of Returns, Volatility and Interdependence of the US and the EU Money markets: Pre & Post Crisis, The North American Journal of Economics and Finance, 58 (2021), 101457.
  • Maiti, M.; Grubisic, Z.; Vukovic, D.B. (2020). Dissecting Tether’s Nonlinear Dynamics during Covid-19, J. Open Innov. Technol. Mark. Complex. 2020, 6, 161.
  • Vukovic, D.B., Ugolnikov, V., Maiti, M. (2021). Sell-side analysts' recommendations a value or noise, International Journal of Finance and Economics, 26(2), 3134-3151.
  • Maiti, M., Vyklyuk, Y., Vukovic, D. (2020). Cryptocurrencies Chaotic Co-movement Forecasting with Neural Networks, Internet Technology Letters, 3(3), e157.
  • Vukovic D., Vyklyuk Y., Matsiuk N., Maiti M. (2020). Neural network forecasting in prediction Sharpe ratio: Evidence from EU debt market, Physica A: Statistical Mechanics and its Applications, 542(C): 123331.
  • Vukovic, D.B., Ugolnikov, V. & Maiti, M. (2020). Analyst Says a Lot but Should You Listen: Evidence from Russia, Journal of Economic Studies, Vol. 47 No. 4, 29-745.
  • Vukovic, D., Lapshina, K., Maiti, M. (2019). European Monetary Union Bond Market Dynamics: Pre & Post Crisis, Research in International Business and Finance, Vol 50 (C), 369-380.
  • Vukovic, D. B., & Prosin, V. (2018). The prospective low risk hedge fund capital allocation line model: evidence from the debt market, Oeconomia Copernicana, 9(3), 419–439.
  • BOOK
  • Vukovic, D.B., Maiti, M., Grigorieva, E. (edt) (2022), Digitalization and the Future of Financial Services, 1st edition, Springer. 978-3-031-11544-8 (ISBN).
  • Vukovic, D., Maiti, M., Frömmel, M. (2022). Inflation and portfolio selection, Finance Research Letters, 50 (December 2022), 103202.
  • Vukovic, D. B., Romanyuk, K., Ivashchenko, S., & Grigorieva, E. (2022). Are CDS spreads predictable during the Covid-19 pandemic? Forecasting based on SVM, GMDH, LSTM and Markov switching autoregression, Expert Systems with Applications, 116553.
  • Maiti, M, Vuković, D, Mukherjee, A, Paikarao, PD, Yadav, JK. (2021). Advanced data integration in banking, financial, and insurance software in the age of COVID-19, Softw: Pract Exper. 52(4), 887-903.
  • Vukovic, D.B., Rincon, C.J. & Maiti, M. (2021). Price distortions and municipal bonds premiums: evidence from Switzerland, Financial Innovation 7, 60 (2021).
  • Vukovic, D., Lapshina, K., Maiti, M. (2021). Wavelet Coherence Analysis of Returns, Volatility and Interdependence of the US and the EU Money markets: Pre & Post Crisis, The North American Journal of Economics and Finance, 58 (2021), 101457.
  • Maiti, M.; Grubisic, Z.; Vukovic, D.B. (2020). Dissecting Tether’s Nonlinear Dynamics during Covid-19, J. Open Innov. Technol. Mark. Complex. 2020, 6, 161.
  • Vukovic, D.B., Ugolnikov, V., Maiti, M. (2021). Sell-side analysts' recommendations a value or noise, International Journal of Finance and Economics, 26(2), 3134-3151.
  • Maiti, M., Vyklyuk, Y., Vukovic, D. (2020). Cryptocurrencies Chaotic Co-movement Forecasting with Neural Networks, Internet Technology Letters, 3(3), e157.
  • Vukovic D., Vyklyuk Y., Matsiuk N., Maiti M. (2020). Neural network forecasting in prediction Sharpe ratio: Evidence from EU debt market, Physica A: Statistical Mechanics and its Applications, 542(C): 123331.
  • Vukovic, D.B., Ugolnikov, V. & Maiti, M. (2020). Analyst Says a Lot but Should You Listen: Evidence from Russia, Journal of Economic Studies, Vol. 47 No. 4, 29-745.
  • Vukovic, D., Lapshina, K., Maiti, M. (2019). European Monetary Union Bond Market Dynamics: Pre & Post Crisis, Research in International Business and Finance, Vol 50 (C), 369-380.
  • Vukovic, D. B., & Prosin, V. (2018). The prospective low risk hedge fund capital allocation line model: evidence from the debt market, Oeconomia Copernicana, 9(3), 419–439.


BOOK

  • Vukovic, D.B., Maiti, M., Grigorieva, E. (edt) (2022), Digitalization and the Future of Financial Services, 1st edition, Springer. 978-3-031-11544-8 (ISBN).

HONOURS AND AWARDS

2017 Honorary Doctor of Excellence, honoris causa (Excellentia Doctor) – Confederation of International Accreditation Commission.

2021 Top Cited Article in 2020-2021 (the journal Internet technology letters) – John Wiley & Sons (Wiley), UK.

2021 The Emerald Literati Award 2021 for “Outstanding Paper” – Emerald, UK.

2023 Top Downloaded Article, from publisher Wiley: Software: Practice and Experience – Advanced data integration in banking, financial, and insurance software in the age of COVID-19

2017 Certicate Outstanding Excellence in Economics – Indian Management Academy, India.

NETWORKS AND MEMBERSHIPS

2021 – CURRENT Jacksonville, United States.

Southern Finance Association


2021 – CURRENT Huston, United States.

Southwestern Finance Association

Other professors
OF THE DEPARTMENT

Alexander Yurievich Andrianov
Alexander Yurievich Andrianov
Associate Professor, Department of Finance and Accounting. Co-director of Master in Corporate Finance program
Alexander Vasilievich Bukhvalov
Alexander Vasilievich Bukhvalov
Professor, Finance and Accounting
Jeffrey Dale Downing
Jeffrey Dale Downing
Associate Professor
Yulia Borisovna Ilina
Yulia Borisovna Ilina
Associate Professor, Department of Finance and Accounting
Egor Dmitrievich Nikulin
Egor Dmitrievich Nikulin
Associate Professor, Department of Finance and Accounting
Vitaly Leonidovich Okulov
Vitaly Leonidovich Okulov
Senior Lecturer, Department of Finance and Accounting
Elena Moiseevna Rogova
Elena Moiseevna Rogova
Professor, Deputy Head, Department of Finance and Accounting
Carlos Joaquin Rincon
Carlos Joaquin Rincon
Senior Lecturer, Department of Finance and Accounting
Marat Vladimirovich Smirnov
Marat Vladimirovich Smirnov
Associate Professor, Department of Finance and Accounting
Darko B. Vukovic
Darko B. Vukovic
Chief expert, Research Center for Market Efficiency and Applied Finance, Assistant Professor, Department of Finance and Accounting

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