1. Markus Konrad Brunnermeier was born on March 22,1969 and is an economist, who is the Edwards S Sanford Professor of Economics at Princeton University.
21 Facts About Markus Brunnermeier
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Markus Brunnermeier is a nonresident senior fellow at the Peterson Institute for International Economics.
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Markus Brunnermeier is the president of the American Finance Association in 2023.
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Markus Brunnermeier's research focuses on international financial markets and the macro economy with special emphasis on bubbles, liquidity, financial crises and monetary policy.
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Markus Brunnermeier promoted the concepts of Resilience, liquidity spirals, CoVaR as co-risk measure, the paradox of prudence, financial dominance, ESBies, the Reversal Rate, Digital currency areas, the redistributive monetary policy, and the I Theory of Money.
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Markus Brunnermeier is or was a member of several advisory groups, including to the IMF, the Federal Reserve Bank of New York, the European Systemic Risk Board, the German Bundesbank and the US Congressional Budget Office.
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Markus Brunnermeier is a research associate at CEPR, NBER, and CESifo.
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Markus Brunnermeier worked for the German tax office in Landshut and Munich and served in the German Army before enrolling as an undergraduate student at the University of Regensburg in 1991.
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Markus Brunnermeier continued his studies at Vanderbilt University, receiving a master's degree in economics in 1994.
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Markus Brunnermeier's thesis was titled Investor behaviour, financial markets and the international economy.
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Markus Brunnermeier was hired by Princeton University as an assistant professor in 1999.
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Markus Brunnermeier became full professor in 2006 and assumed his current chaired professorship as Edwards S Sanford Professor of Economics in 2008.
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Markus Brunnermeier earned an honorary doctorate degree in 2022 from the faculty of economics at the University of Regensburg.
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Markus Brunnermeier was named a Sloan Fellow in 2005, a Guggenheim Fellow and a Fellow of the Econometric Society in 2010.
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Markus Brunnermeier was elected as President of The American Finance Association in 2023, where he previously served as Vice President in 2022.
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Markus Brunnermeier is affiliated with the National Bureau of Economic Research, the Centre for Economic Policy Research in London, and directs the "Macro, Money and International Finance" area at the CESifo network.
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Markus Brunnermeier is or was a member of several advisory groups, including to the IMF, the Federal Reserve Bank of New York, the European Systemic Risk Board, the German Bundesbank and the US Congressional Budget Office.
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Markus Brunnermeier was an associate editor of several journals, including The American Economic Review, The Journal of Finance, The Review of Financial Studies, the Journal of the European Economic Association and the Journal of Financial Intermediation.
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Markus Brunnermeier's approach provides an alternative to the predominant New-Keynesian view, in which price and wage rigidities are the primary frictions.
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Markus Brunnermeier proposes European Safe Bonds in form of Sovereign Bond Backed Securities as a means to break the vicious circle between sovereign risk and bank risk in the Eurozone and to rechannel flight-to-safety capital flows from cross-border flows to flows across tranches of the ESBies.
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Markus Brunnermeier argues that rather than simply avoiding risks, the key is to distinguish between risk from which one can bounce back and risk that can trigger an adverse feedback loop.