prof.dr. D.G.J. (Dion) Bongaerts

Rotterdam School of Management (RSM)
Erasmus University Rotterdam
Member ERIM
Field: Finance & Accounting
Affiliated since 2010

Dion Bongaerts is an Professor of Financial Technology and Data Analytics at RSM Erasmus University and Academic Director Fintech at the Erasmus Center for Data Analytics. He specializes in the behavior of credit rating agencies, the pricing of credit risky instruments, the origins and effects of market illiquidity, and FinTech (with a focus on Blockchain and AI). His work has been presented at major conferences around the world, including the AFA, WFA, EFA, and NBER meetings and published in top tier academic journals including the Journal of Finance, Review of Financial Studies, the Journal of Financial Economics, and Management Science. He has received several grants, including a Veni and a Blockchain Research grant from the Dutch National Science Foundation (NWO) and a Lamfalussy Fellowship from the ECB. Prof. Bongaerts holds a PhD degree in Finance from the University of Amsterdam, an MSc in Econometrics from Maastricht University, and has been a visiting scholar at Yale School of Management, University of Pittsburgh, and the Central University of Finance and Economics in Beijing. Moreover, he has several years of professional experience as a risk management quant at ABN-AMRO bank.

Publications

  • Academic (11)
    • Fisar, M., Greiner, B., Huber, C., Katok, E., Ozkes, A. I., & the Management Science Reproducibility Collaboration (2024). Reproducibility in Management Science. Management Science, 70(3), 1343–1356. https://doi.org/10.1287/mnsc.2023.03556

    • Bongaerts, D., & Schlingemann, F. P. (Accepted/In press). The real effects of ratings actions: Evidence from corporate asset sales. Management Science. https://doi.org/10.2139/ssrn.2866484

    • Bongaerts, D., Roll, R., Rösch, D., van Dijk, M., & Yuferova, D. (2022). How Do Shocks Arise and Spread Across Stock Markets? A Microstructure Perspective: A microstructure perspective. Management Science, 68(4), 3071-3089. https://doi.org/10.1287/mnsc.2021.3979

    • Bongaerts, D., Roll, R., Rösch, D., van Dijk, M., & Yuferova, D. (2021). How do shocks arise and spread across stock markets? A microstructure perspective. Management Science, 68(4), 3071-3089. https://doi.org/10.1287/mnsc.2021.3979

    • Bongaerts, D., Mazzola, F., & Wagner, W. (2021). Closed for business: The mortality impact of business closures during the Covid-19 pandemic. PLoS ONE, 16(5), e0251373. Article e0251373. https://doi.org/10.1371/journal.pone.0251373

    • Bongaerts, D., & Van Achter, MA. (2021). Competition among liquidity providers with access to high-frequency trading technology. Journal of Financial Economics, 140(1), 220-249. https://doi.org/10.1016/j.jfineco.2020.11.002

    • Bongaerts, D., Driessen, JJAG., & De Jong, FCJM. (2018). An asset pricing approach to liquidity effects in corporate bond markets. The Review of Financial Studies, 30(4), 1229-1269. https://doi.org/10.1093/rfs/hhx005

    • Bongaerts, D., Cremers, KJM., & Goetzmann, WN. (2012). Tiebreaker: Certification and Multiple Credit Ratings. The Journal of Finance, 67(1), 113-152. https://doi.org/10.1111/j.1540-6261.2011.01709.x

    • Bongaerts, D., De Jong, FCJM., & Driessen, JJAG. (2011). Derivative Pricing with Liquidity Risk: Theory and Evidence from the Credit Default Swap Market. The Journal of Finance, 66(1), 203-240. https://doi.org/10.1111/j.1540-6261.2010.01630.x

    • Bongaerts, D., & Charlier, E. (2009). Private Equity and Regulatory Capital. Journal of Banking and Finance, 33(7), 1211-1220. https://doi.org/10.1016/j.jbankfin.2008.12.015

    • Bongaerts, D., Coervers, F., & Hensen, M. (2009). Delimitation and Coherence of Functional and Administrative Regions. Regional Studies, 43, 19-31. https://doi.org/10.1080/00343400701654103

  • Professional (1)
  • External (1)
    • Bongaerts, D. (2010). Overrated Credit Risk. [Doctoral Thesis, University of Amsterdam]. Uva.

  • Role: Member Doctoral Committee
  • PhD Candidate: Ruben Cox
  • Time frame: 2009 - 2013
  • Role: Member Doctoral Committee
  • PhD Candidate: Dominik Rösch
  • Time frame: 2010 - 2015
  • Role: Member Doctoral Committee
  • PhD Candidate: Teng Wang
  • Time frame: 2011 - 2015
  • Role: Daily Supervisor
  • PhD Candidate: Darya Yuferova
  • Time frame: 2011 - 2016
  • Role: Co-promotor
  • PhD Candidate: Lingtian Kong
  • Time frame: 2012 - 2019
  • Role: Daily Supervisor
  • PhD Candidate: Francesco Mazzola
  • Time frame: 2018 - 2023
  • Role: Member Doctoral Committee
  • PhD Candidate: Rogier Hanselaar
  • Time frame: 2013 - 2018
  • Role: Co-promotor
  • PhD Candidate: Jean-Paul Guyon van Brakel
  • Time frame: 2020 -
  • Role: Co-promotor
  • PhD Candidate: Francesca Caucci
  • Time frame: 2022 -
Portfolio Allocation Under Parameter Uncertainty and Climate Change Objectives - A Proposed Framework
  • Role: Promotor
  • PhD Candidate: Prasenjeet Bhattacharya
  • Time frame: 2022 -
Essays in Asset Allocation and Factor Investing
  • Role: Promotor
  • PhD Candidate: Xiaowei Kang
  • Time frame: 2017 -
  • Role: Co-promotor
  • PhD Candidate: Vaibhav Grewal
  • Time frame: 2023 -

The finance faculty at RSM is a vibrant and diverse group consisting of leading international researchers. Our faculty undertakes world-class research that is regularly published in the top academic journals.

We are looking for highly motivated candidates that have an interest in undertaking challenging and rigorous research. Besides a background in finance, we also welcome applicants with an education in Economics or Econometrics.

Candidates should indicate in their cover letter which field best matches their interest:

  • Asset Pricing
  • Corporate Finance
  • Banking and Financial Intermediation
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2015
March
25
Research Seminar
As: Speaker
2014
October
29
Research Seminar
As: Speaker
2014
August
25
Conference
As: Coordinator, Contact
2013
March
27
Research Seminar
As: Speaker
2012
July
05
Conference
As: Coordinator
2011
September
07
Research Seminar
As: Speaker
2011
June
30
Conference
As: Co-organizer
2011
March
16
2010
July
07
Conference
As: Coordinator
2010
May
12
2009
March
30
Research Seminar
As: Speaker

Address

Visiting address

Office: Mandeville Building T08-39
Burgemeester Oudlaan 50
3062 PA Rotterdam

Postal address

Postbus 1738
3000 DR Rotterdam
Netherlands