PhD defence of Maarten van Oordt on Thursday 24 October 2013

Promotie Maarten van Oordt op donderdag 24 oktober 2013

On Thursday 24 October 2013 Maarten van Oordt will defend his PhD thesis entitled 'On Extreme Events in Banking and Finance'. His supervisors are Professor Job Swank and Professor Casper de Vries (Erasmus School of Economics. His co-supervisor is Dr. Chen Zhou also of Erasmus School of Economics. Other members of the Doctoral Committee are Professor Philip Hartmann (Erasmus School of Economics), Professor Dirk Schoenmaker and Professor Wolfgang Wagner (both of Vrije Universiteit Amsterdam).

About Maarten van Oordt

Maarten van Oordt (1985) is economist in the Economics and Research division of De Nederlandsche Bank (Dutch Central Bank). He received his BSc in Economics & Business (with highest honour) and his MSc in Financial Economics (cum laude) from Erasmus University Rotterdam. His policy work focuses on the risk management and financial stability issues that have been pushed to the forefront by the recent financial crisis. In 2009 he started his PhD research under the supervision of Prof.dr. Job Swank and Prof.dr. Casper G. de Vries.

Abstract of On Extreme Events in Banking and Finance

Uncertainty and new developments spread nowadays at an astonishing speed across the globe in financial markets. The recent extreme events in banking and finance triggered many new questions among academics, policy makers and the general public.

This thesis discusses several of those issues. Is global diversification at financial institutions beneficial for financial stability? Is it possible to predict which stocks suffer the largest losses in a stock market crash? What happens to the capital buffers of banks during deep recessions? And what is the origin of large shocks in financial markets? Although these questions remain at the heart of a lively debate, this thesis provides several suggestions to increase our understanding in these issues.

Time and location

The PhD defence will take place in the Senate Hall of Erasmus University Rotterdam and will start at 15.30 hrs.

More information

Van Oordt’s PhD research project is conducted within the Erasmus School of Economics (ESE), Erasmus University Rotterdam.

For more information about this ceremony, please contact Ronald de Groot, Communication Officer of the Erasmus School of Economics phone +31 10 408 1762 or by e-mail: