Laurens Swinkels
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lswinkels.bsky.social
Laurens Swinkels
@lswinkels.bsky.social
2.2K followers 1.9K following 260 posts

Associate Professor of Finance at Erasmus University Rotterdam and Executive Director at Robeco Asset Management. www.laurensswinkels.com #FinSky #EconSky

📍Oslo, Norway 🇳🇴

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Economics 72%
Business 26%
Posts Replies Media Videos

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · 44m
A new working paper on "The Viability of Bitcoin as a Central Bank Reserve Asset" concludes that Bitcoin lacks stability and liquidity, but could still play a role in central bank management.

Link to paper: dx.doi.org/10.2139/ssrn...

#EconSky #FinSky #Finance #Bitcoin #Academic

Reposted by Jonathan Portes, Will Jennings, Scott L. Greer , and 6 more

davidheniguk.bsky.social
David Henig @davidheniguk.bsky.social · 22h
Headline from a serious and long working paper on the economic impact of Brexit. Possible that this has been feeding into OBR and HMT discussions?

Reposted by Caroline Fohlin

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · 4d
My paper just published *open access* in the Journal of International Money and Finance "The risk and reward of investing" doi.org/10.1016/j.ji...

Short video clip about the content on www.laurensswinkels.com, where you can also find the data.

#EconSky #FinSky #Academic #Investing #Finance

Reposted by Laurens Swinkels

alphaville.ft.com
FT Alphaville @alphaville.ft.com · 11d
Big shed, funky bond.

as.ft.com/r/43444409-b...
A closer look at the record-smashing ‘Hyperion’ corporate bond sale
[FREE TO READ] Buckle up, fixed income nerds
as.ft.com

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · 11d
Angels or Sinners? Exploring the halo effect in ESG investing in Indian equities url: www.emerald.com/sajbs/articl...

#sustainability #esg #finance #investing #india
Angels or Sinners? Exploring the halo effect in ESG investing in Indian equities
Purpose. This study examines whether environmental, social and governance (ESG) scores influence portfolio performance, risk and market valuation in the Indian equity market, specifically exploring wh...
www.emerald.com

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · 12d
New working paper on Gold and Bitcoin

Link to paper: dx.doi.org/10.2139/ssrn...

#Gold #Bitcoin #Investing #FinSky #EconSKy #Safehaven

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · 15d
"The main lesson is that a country can reduce its debt without resorting to sovereign default or high inflation. Sensible, credible reforms can achieve both debt reduction and economic stability."

Rangvid's blogpost: blog.rangvid.com/2025/10/26/h...

#EconSky #Denmark #Debt #InterestRates #Book
How low interest rates change Denmark – Rangvid’s Blog
blog.rangvid.com

Reposted by Laurens Swinkels, John Hogan

tobyn.bsky.social
Toby Nangle @tobyn.bsky.social · 18d
🚨What’s up with private credit ratings? on.ft.com/47sTNV9
What’s up with private credit ratings?
Could this be a film we’ve seen before?
on.ft.com

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · 18d
Gained -4%, does that mean lost 4%?

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · 21d
The economic consequences of war

Link to paper: www.nber.org/papers/w34389

#EconSky #War #Economy #Academic #HistorySky

Reposted by Laurens Swinkels

p-hunermund.com
Paul Hünermund @p-hunermund.com · 22d
"Although pass-through at the border was incomplete, our estimates indicate that U.S. consumers paid more than the government received in tariff revenue, because domestic markups amplified downstream price effects." www.nber.org/papers/w34392

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · 25d
New paper on how to best reduce carbon emissions.

#Climate #Carbon #Investing #Assets #EconSky

Link to paper: www.nber.org/papers/w34342

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · 26d
New paper comparing investment in gold with investment in gold miners.

#Investing #Gold #Stocks #FinSky

Link to paper: dx.doi.org/10.2139/ssrn...

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · Oct 10
Just published a new paper on investing in emerging markets debt in the Journal of Asset Management. Free to download from the link below.

#EMD #EmergingMarkets #Investing #FinSky #EconSky #Academic
Exploring emerging markets debt: Bond voyage?
rdcu.be

Reposted by Laurens Swinkels

jasonfurman.bsky.social
Jason Furman @jasonfurman.bsky.social · Sep 25
Bernanke, Cochrane, Greenspan, Mankiw, Paulson, Rogoff, Romer, Rubin, Summers, Yellen, etc & me: "allowing the removal of Governor Lisa D. Cook while the challenge to her removal is pending would threaten that independence and erode public confidence in the Fed." www.supremecourt.gov/DocketPDF/25...
www.supremecourt.gov

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · Sep 22
Our new report with capital market assumptions for the next five years: "The Stale Renaissance".

#FinSky #EconSky #Investing #Investment #Stocks #Bonds
5-year Expected Returns: The Stale Renaissance | Robeco Global
Robeco publishes Expected Returns 2026-2030
www.robeco.com

Reposted by Jonathan Portes, Christian Odendahl, Simon Wren‐Lewis , and 1 more

tobyn.bsky.social
Toby Nangle @tobyn.bsky.social · Sep 15
Post no one asked for on how to compare bond yields across currencies (more) properly. on.ft.com/48fJTIf
10yr govt bond yields asset swapped to USD to enable like-for-like comparison.

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · Sep 11
🤣

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · Sep 10
First thought that this was about stocks that Republican voters like, but the term red turns out to be related to something completely different, accounting related: "The Rise of Red Equity"

Link to paper: dx.doi.org/10.2139/ssrn...

#Investing #EconSky #FinSky #Stocks #Equities #Red

Reposted by Tomasz Mickiewicz, Laurens Swinkels, Maksym Polyakov

justinwolfers.bsky.social
Justin Wolfers @justinwolfers.bsky.social · Sep 7
Lemme speak with directness and a sense of urgency about our most important economic threats, and what history teaches us about moments like this.

Reposted by Laurens Swinkels

tobyn.bsky.social
Toby Nangle @tobyn.bsky.social · Sep 5
FX hedging sounds mysterious & intimidating/ super simple depending on your knowledge.

Its pretty basic maths informs massive capital allocations.

A no equation explainer: on.ft.com/4p7CwsD
Chart showing 10yr yield on core govt bonds plus the one month forward “hedging pick up” annualised for a USD investor.

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · Sep 1
So much for the energy transition...

#climate #sustainability #ESG #investing
US shareholders fail to vote through any green proposals for first time in 6 years
This year’s proxy season highlights diminishing investor support for climate agenda
on.ft.com

Reposted by Laurens Swinkels

financialtimes.com
Financial Times @financialtimes.com · Aug 26
Opinion: On the assumption that a chaotic, incoherent trade war was baked in the cake, FT Alphaville’s main bet for a financial-economic calamity under Trump 2.0 has long been that he launches a full assault on the Fed. Well, it's here now. on.ft.com/3HRQKgo

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · Aug 26
"Norway's Northern Lights CCS project starts operations with first CO2 injected"

#Climate #Norway #Carbon #CarbonCapture #Sustainability
Norway's Northern Lights CCS project starts operations with first CO2 injected
The first volumes of carbon dioxide (CO2) have been injected and stored as part of Norway's Northern Lights carbon capture and storage (CCS) project, marking the start of operations, owners Shell , Equinor and TotalEnergies said on Monday.
www.reuters.com

Reposted by Georg Weizsäcker

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · Aug 26
Despite the US backtracking on its energy transition ambitions (trying to forbid emissions trading schemes for example), China seems to keep moving full speed ahead...

#Climate #Sustainability #China #Investing #Carbon #Emissions #Energy
China issues guideline to advance low-carbon transition, strengthen national carbon trading market
China has unveiled a guideline to accelerate the country's green and low-carbon transition and strengthen the construction of the national carbon trading market.
english.www.gov.cn

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · Aug 25
Very sad to have lost such brilliant colleague and coauthor.
In Memoriam Professor Benedict Dellaert
It is with deep sadness that we learned of the passing of Professor Benedict Dellaert on August 20, 2025.
www.eur.nl

Reposted by Laurens Swinkels

voxeu.org
VoxEU @ CEPR @voxeu.org · Aug 25
Measures of physical climate risk lead to slightly lower credit ratings. Ambitious CO2 reduction targets and actual emissions reductions have been reflected in higher ratings, but only since the 2015 Paris Agreement.
L Cappiello, G Ferrucci, A Maddaloni, V Veggente
cepr.org/voxeu/column...
#EconSky
Graph showing the economic impact of temperature anomalies on sovereign credit ratings (credit rating notches). Climate-related risks are increasingly recognised as an important threat to long-term fiscal sustainability. This column studies the extent to which credit rating agencies integrate these risks into their sovereign rating assessments. It finds that measures of physical risk lead to lower credit ratings, but the impacts are small in magnitude. Ambitious CO2 reduction targets and actual emission reductions have been reflected in higher ratings, but only since the 2015 Paris Agreement. These findings highlight the need for caution in using credit ratings for regulatory and macroeconomic policy, as they seem to only partially account for environmental considerations.

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · Aug 25
A practical way to approach lifecycle investing for retirement

Link to paper: doi.org/10.3386/w34166

#pension #retirement #finance #investing #econsky

Reposted by Laurens Swinkels

piie.com
Peterson Institute for International Economics @piie.com · Aug 22
Average US tariffs on Chinese exports now stand at 57.6 percent and cover 100 percent of all goods. China's average tariffs on US exports are at 32.6 percent and cover 100 percent of all goods, according to ‪@chadpbown.com‬ tracker update:
US-China Trade War Tariffs: An Up-to-Date Chart
www.piie.com

lswinkels.bsky.social
Laurens Swinkels @lswinkels.bsky.social · Aug 22
Researchers at the FED examined the uptake of flood insurance and the location people live: "Flood Risk and Flood Insurance"

Link to research: libertystreeteconomics.newyorkfed.org/2025/08/floo...

#Climate #Economics #Flood
Flood Risk and Flood Insurance - Liberty Street Economics
A look at the state of the flood insurance market and how mortgage lenders manage their exposure to flood risk.
libertystreeteconomics.newyorkfed.org