Tjeerd Boonman, Ph.D., is the McMullen professor in Economics in the Economics, Finance, and Real Estate department of the Leon Hess Business School.

Boonman holds a Ph.D. in economics and finance from the University of Groningen, ranked among the top 100 universities globally. His career spans more than three decades, during which he has taught at prestigious institutions worldwide, including Tec de Monterrey in Mexico, the University of San Diego, Fudan University and Zhejiang University in China, and Monmouth University. His excellence in teaching has earned him multiple awards, and he is known for teaching engaging classes that make complex topics accessible. Particularly appreciated by his students is his genuine interest in their success, as well as his ability to connect with them on a personal level, especially his Latino students, with whom he shares a special bond through his experience in Mexico and fluency in Spanish.

Boonman has ample international practitioner experience. He has worked in the banking and investment industry in the Netherlands, served as a financial consultant in Mexico, and was a senior financial specialist at Banco de Mexico, the equivalent of the Federal Reserve in the U.S. His ability to view finance and economics from multiple perspectives uniquely positions him to offer Monmouth students and faculty fresh, global insights.

Boonman is an accomplished researcher who has published in several top-ranking peer-reviewed journals and has presented his research at numerous international conferences. His contributions to academia further include his roles as an associate editor for three international journals and a frequent reviewer for numerous top journals. Boonman is a recurrent visiting researcher at FernUniversität Hagen in Germany, and external assessor for the University of Cape Coast in Ghana.

Education

Ph.D., University of Groningen

B.S., M.S., University of Amsterdam

Research Interests

• International finance and economics, in particular exchange rates, capital flows, currency crises and sovereign debt defaults
• Sustainability and real estate

Scholarly Articles

Publications in Refereed Journals

• Beckmann, J., Boonman, T. M., & Schreiber, S. (2024). Expectations, sentiments and capital flows to emerging market economies. Emerging Markets Review, 62, 101172.
• Boonman, T. M., & Fittje, J. C. (2024). Connectedness in exchange rates and news sentiment in the Asia‐Pacific region. International Journal of Finance & Economics.
• Boonman, T. M. (2023) “Portfolio capital flows before and after the Global Financial Crisis”, Economic Modelling, Vol. 127, 106440.
• Beckmann, J. and T. M. Boonman (2022). “Expectations, disagreement and exchange rate pressure”, Economics Letters, Vol. 212, March 2022, 110205.
• Boonman, T. M., I. Litsios, K. Pilbeam and W. Pouliot (2022). “Modelling the Trade Balance between the Northern and Southern Eurozone Using an Intertemporal Approach”, Journal of International Money and Finance, Vol. 121, 102508.
• Boonman, T. M. and A. S. Sanchez Urbina (2020). Extreme Bounds Analysis in Early Warning Systems for currency crises. Open Economies Review, Vol. 31, pp. 431-470.
• Boonman, T. M. (2019). Dating currency crises in emerging market economies. The North American Journal of Economics and Finance, Vol. 49, pp. 273-286.
• Boonman, T. M., J. P. A. M. Jacobs, G. H. Kuper and A. Romero (2019). “Early Warning Systems for currency crises with real-time data”. Open Economies Review, Vol. 30, Issue 4, pp 813–835.
• Boonman, T. M., J. P. A. M. Jacobs and G. H. Kuper (2017). “An Early Warning System for currency crises in Argentina and Brazil 1990 –2009”, EconoQuantum, Vol. 14, Issue 2, pp. 47-68.
• Boonman, T. M. (2017). “The impact of sovereign defaults on economic growth: Latin America 1870–2012”, Revista de Historia Económica – Journal of Iberian and Latin American Economic History, Vol. 35(1), March 2017, pp. 81-104.
• Boonman, T. M., J. P. A. M. Jacobs and G. H. Kuper (2015). “Sovereign Debt Crises in Latin America: A Market Pressure Approach”, Emerging Markets Finance and Trade, Vol. 51, issue S6, pages S80-S93.
• Boonman, T. M. (2009). “El efecto tamaño en las estrategias de las empresas tequileras ante el ciclo de agave: un estudio exploratorio”. Carta Económica Regional Nueva Época, Vol. 102: May-Aug 2009.

Publications—Books and Book Chapters

• Boonman, T. M. (2015). Sovereign debt defaults and currency crises in Latin America. University of Groningen. ISBN: 978-90-367-8373-6.
• Boonman, T. M., J. P. A. M. Jacobs and G. H. Kuper (2014). “Currency crises in Mexico 1990–2009: An Early Warning System Approach”, in “Nonlinear Time Series and Finance”, ed. Coronado-Ramírez, S., P. L. Celso-Arellano and C. Trejo-Pech. Universidad de Guadalajara. ISBN: 978-607-450-926-7
• Boonman, T.M. and C. Hernandez (2009). “Identificación de oportunidades estratégicas del desarrollo para el corredor Guadalajara – El Salto”. ITESM. ISBN 978-607-7517-56-6.

Awards

• Best Paper Award in the 49th annual NBEA conference, Portsmouth, NH: November 2022
• Service Excellence Award 2021–2022 from the Leon Hess Business School: May 2022
• Member of the National System of Investigators (Sistema Nacional de Investigadores), Conacyt, Mexico: 2017–2019
• Teaching excellence awards at the Business School of Tecnológico de Monterrey: 2001, 2002, 2004, 2007, 2009, 2011 (MBA), 2014 (MBA), 2015, 2018 (MBA)
• Scholarship awarded by Santander Universities to attend the Global Risk seminar in Wharton, University of Philadelphia, USA: April 2011
• Research fellow at Zhejiang University Wan-Lin Kiang International Financial Research Center: 2006–2009

Additional Information

Associate Editor: International Journal of Finance and Economics; International Economics and Economic Policy; Latin American Journal of Central Banking.

Refereeing: Economic Modelling; Emerging Markets Finance and Trade; Emerging Markets Review; Eurasian Business Review; Financial Innovation; International Economics and Economic Policy; International Journal of Economics and Business Research; International Journal of Finance and Economics; International Finance; Journal of Economic Behavior and Organization; Physica A; Revista de Historia Económica‐Journal of Iberian and Latin American Economic History; EconoQuantum.