The article is a key contribution of the book, Robots among us Finance, 2017, COBISS.SI-ID 24390118, edited by Janez Prašnikar, Tjaša Redek and Matjaž Koman. The book consists of five parts. The first part of the book deals with the generics of Industry 4.0. The second part discusses robotization and presents cases of using robots in companies. The third part introduces labormarket changes, the fourth part broader social issues, and the fifth part policyproposals.
B.02 Presiding over the programming board of a conferenceCOBISS.SI-ID: 24285158
The interview was published by Serbian monthly review, Biznis magazin, after the eruption of the Agrokor crisis (2017). As this scenario was made already in 2012 ( BOLE, Velimir, PRAŠNIKAR, Janez, TROBEC, Domen. Komu koristi? : prodaja Mercatorja. Dnevnikov objektiv, ISSN 1854-6781. [Tiskana izd.], 4. feb. 2012, leto 62, št. 29, str. 16-17. [COBISS.SI-ID 20618726]), two questions are crucial in the interview: 1) on which base this prediction was made; and 2)what is the future of Agrokor and Mercator. The current events confirm our forecasts.
D.11 OtherCOBISS.SI-ID: 23834854
The paper studies circumstances leading up to the financial crisis in the countries of the former Yugoslavia. It documents the macroeconomic consequences of lenders' and borrowers' friction-based amplification of huge external swings in trade and financial flows. Using the data for over 2,000 firms, we study the borrowers’ side, where the financial accelerator mechanism played a key role in the accumulation of indebtedness of firms in the boom period, increasing default probabilities afterwards. Studying the lenders, we collected data on credits to households and firms for 120 banks to observe which channels are crucial and how the decrease in wholesale financing has influenced banks’ lending after the sudden stop. For both the borrowers’ and lenders’ side of amplification, interplay between the external environment and domestic economy mechanism is documented. Although considerable differences exist in the main drivers and their intensity among countries, the study shows that common huge swings in external flows severely distracted all of the studied countries. Also, enterprise resilience (in addition to prudent macroeconomic policy) seems much more important than the channels of the crisis impact to successful recovery.
B.04 Guest lectureCOBISS.SI-ID: 24004326