prof.dr. D. (Dirk) Schoenmaker

Full Professor

Department of Finance

Rotterdam School of Management (RSM)

Erasmus University Rotterdam

Member ERIM

Field: Finance & Accounting

Affiliated since 2015

T: +31 10 4081952

E: schoenmaker@rsm.nl

Dirk Schoenmaker is Professor of Banking and Finance at the Rotterdam School of Management, Erasmus University Rotterdam.

His research and teaching focus on the areas of sustainable finance, central banking and financial stability, financial system architecture and European financial integration. He is regular speaker at academic and professional conferences.

Dirk Schoenmaker is also a non-Resident Fellow at the Brussels-based think tank Bruegel and a Research Fellow at the Centre for European Policy Research (CEPR). He is co-author of the textbooks 'Principles of Sustainable Finance' (Oxford University Press) and ‘Financial Markets and Institutions: A European perspective' (Cambridge University Press) and author of ‘Governance of International Banking: The Financial Trilemma’ (Oxford University Press). He earned his PhD in economics at the London School of Economics.

Before joining RSM, he was Dean of the Duisenberg school of finance from 2009 to 2015. From 1998 to 2008, he served at the Netherlands Ministry of Finance. In the 1990s he served at the Bank of England. He is a regular consultant for the IMF, the OECD and the European Commission.

Publications (45)

Articles (22)

P. Duijm & D. Schoenmaker (2021). European banks straddling borders: Risky or rewarding? Finance Research Letters. doi: 10.1016/j.frl.2020.101525
D. Schoenmaker (2021). Greening Monetary Policy. Climate Policy. doi: 10.1080/14693062.2020.1868392
D. Schoenmaker (2020). Trans-Tasman cooperation in banking supervision and resolution. Journal of Banking Regulation, 21 (1), 15-25. doi: 10.1057/s41261-018-0086-z
S.E. Hougaard Jensen & D. Schoenmaker (2020). Should Denmark and Sweden Join the Banking Union? Journal of Financial Regulation, 6 (2). doi: 10.1093/jfr/fjaa005
D. Schoenmaker (2020). Een financiële sector ten dienste van een duurzame economie. Tijdschrift voor Financieel Recht, 10.
D. Schoenmaker & W. Schramade (2019). Investing for long-term value creation. Journal of Sustainable Finance and Investment, 9 (4), 356-377. doi: 10.1080/20430795.2019.1625012 [go to publisher's site]
D. Schoenmaker (2018). Resolution of international banks: Can smaller countries cope? International Finance, 21 (1), 39-54. doi: 10.1111/infi.12123
D. Schoenmaker (2017). What happened to global banking after the crisis? Journal of Financial Regulation and Compliance, 25 (3), 241-252. doi: 10.1108/JFRC-01-2017-0010
C. Goodhart & D. Schoenmaker (2016). The Global Investment Banks are now all Becoming American: Does that Matter for Europeans? Journal of Financial Regulation, 2 (2), 163-181. doi: 10.1093/jfr/fjw012
D. Schoenmaker & J. Sass (2016). Cross-border Insurance in Europe: Challenges for Supervision. The Geneva Papers on Risk and Insurance. Issues and Practice, 41 (3), 351-377. doi: 10.1057/gpp.2015.35
D. Schoenmaker & R. Van Tilburg (2016). What Role for Financial Supervisors in Addressing Environmental Risks? Comparative Economic Studies, 58 (3), 317-334. doi: 10.1057/ces.2016.11
D. Schoenmaker & P. Wierts (2016). Macroprudential Supervision: From Theory to Policy. National Institute Economic Review, 235 (1), 50-62. doi: 10.1177/002795011623500115
D. Schoenmaker & P. Wierts (2015). Regulating the Financial Cycle: An Integrated Approach with a Leverage Ratio. Economics Letters, 136, 70-72. doi: 10.1016/j.econlet.2015.08.020
D. Schoenmaker (2015). Regulatory Capital: Why Is It Different? Accounting and Business Research, 45 (4), 468-483. doi: 10.1080/00014788.2015.1030961
D. Gros & D. Schoenmaker (2014). European Deposit Insurance and Resolution in the Banking Union. Journal of Common Market Studies (JCMS), 52 (3), 529-546. doi: 10.1111/jcms.12124
D. Schoenmaker & A. Siegmann (2014). Can European Bank Bailouts Work? Journal of Banking and Finance, 2014 (48), 334-349. doi: 10.1016/j.jbankfin.2013.03.025
D. Schoenmaker & W.B. Wagner (2013). Cross-border Banking in Europe and Financial Stability. International Finance, 16 (1), 1-22. doi: 10.1111/j.1468-2362.2013.12026.x
C.G. de Vries, J.F. Slijkerman & D. Schoenmaker (2013). Systemic Risk and Diversification across European Banks and Insurers. Journal of Banking and Finance, 37 (3), 773-785. doi: 10.1016/j.jbankfin.2012.10.027
E. Avgouleas, C. Goodhart & D. Schoenmaker (2013). Bank Resolution Plans as a Catalyst for Global Financial Reform. Journal of Financial Stability, 9 (2), 210-218. doi: 10.1016/j.jfs.2011.12.002
D. Schoenmaker (2011). The Financial Trilemma. Economics Letters, 2011 (111), 57-59. doi: 10.1016/j.econlet.2011.01.010
C. Goodhart & D. Schoenmaker (2009). Fiscal Burden Sharing in Cross-Border Banking Crises. International Journal of Central Banking, 5 (1), 141-165.
J.J.M. Kremers, T.R.J. Kroes & D. Schoenmaker (2000). Reforming financial supervision: experiences from the Netherlands. OECD Financial Markets Trends, 75, 159-169.

Books (6)

D. Schoenmaker (Ed.). (2020). The Economics of Banking. Cheltenham: Edward Elgar
J. de Haan, D. Schoenmaker & P. Wierts (2020). Financial Markets and Institutions: A European Perspective. (4th edition). Cambridge: Cambridge University Press
D. Schoenmaker & W. Schramade (2019). Principles of Sustainable Finance. Oxford: Oxford University Press [go to publisher's site]
J. de Haan, S. Oosterloo & D. Schoenmaker (2015). Financial Markets and Institutions: A European Perspective. Cambridge: Cambridge University Press
D. Schoenmaker (2013). Governance of International Banking: The Financial Trilemma. New York: Oxford University Press
F. Allen, T.H.L. Beck, E. Carletti, P. Lane, D. Schoenmaker & W.B. Wagner (2011). Cross-Border Banking in Europe. Londen: CEPR

Professional Publications (17)

D.A. Loorbach, D. Schoenmaker & W. Schramade (2020). Finance in Transition: Principles for a Positive Finance Future. Rotterdam: Rotterdam School of Management, Erasmus University
D. Bongaerts & D. Schoenmaker (2020). Green certificates: a better version of green bonds. (Policy Contribution, 2020-20). Brussels: Bruegel
D. Schoenmaker (2020). THE IMPACT ECONOMY: BALANCING PROFIT AND IMPACT. (Working Paper, 2020-04). Brussels: Bruegel
D. Schoenmaker & W. Schramade (2020). Incorporating Sustainability into Corporate Finance. Corporate Finance, 242-247.
D. Schoenmaker (2020). A Social Licence to Operate for Business and Finance. Open Lectures RSM: sharing 50 years of knowledge: Rotterdam.
T. Yue, D. Schoenmaker, A. Mulder, S.W. Moolenaar, M.C. Geoffroy & P. Arellano Geoffroy (2019). Sustainable Finance for Landscape Restoration in Spain.
D. Schoenmaker (2019). Greening Monetary Policy. (Working Paper, 2019-02). Brussels: Bruegel
A. de Jong, D. Schoenmaker, M. Gruenwald & A. Pala (2018). Large Shareholders in Corporate Governance. : Rotterdam School of Management, Erasmus University
A. Sapir, D. Schoenmaker & N. Veron (2017). Making the best of Brexit for the EU27 financial system. (Bruegel Policy Brief, 2017/01). Brussels: Bruegel [go to publisher's site]
D. Schoenmaker (2017). From Risk to Opportunity: A Framework for Sustainable Finance. (RSM Series on Positive Change). Rotterdam: Rotterdam School of Management, Erasmus University
D. Schoenmaker (2017, mei 16). Lecture on sustainable finance during the Rabo College Day. Rotterdam, Rabo College Day. [go to publisher's site]
U. Batsaikhan, R. Kalcik & D. Schoenmaker (2017). Brexit and the European financial system: mapping markets, players and jobs. (Policy Contribution, Issue No 4 / 2017). Brussels: Bruegel [go to publisher's site]
D. Schoenmaker & Z. Darvas (2017). Institutional investors and home bias in Europe’s Capital Markets Union. (Working Paper, 2017/02). Brussels: Bruegel [go to publisher's site]
D. Schoenmaker & R. Van Tilburg (2016). FINANCIAL RISKS AND OPPORTUNITIES IN THE TIME OF CLIMATE CHANGE. (Bruegel Policy Brief, Issue 2016/02). Brussels: Bruegel
D. Schoenmaker & N. Veron (2016). European Banking Supervision: The First Eighteen Months. Brussels: Bruegel
D. Schoenmaker (2016). The UK Financial Sector and EU Integration after Brexit: The Issue of Passporting. In N. Campos & F. Coricelli (Eds.), The Economics of the UK-EU Relationship: From the Treaty of Rome to the Brexit Vote. London: Palgrave McMillan [go to publisher's site] doi: 10.2139/ssrn.2844253
D. Schoenmaker (2015). The new Banking Union Landscape in Europe: Consolidation Ahead? The Journal of Financial Perspectives, 3 (2), 189-201.