Markus K. Brunnermeier

Nonresident Senior Fellow

Markus K. Brunnermeier has been a nonresident senior fellow at the Peterson Institute since February 2020 and is the Edwards S. Sanford Professor in the economics department at Princeton University and director of Princeton's Bendheim Center for Finance. His research focuses on international financial markets and the macroeconomy with special emphasis on bubbles, liquidity, financial and monetary price stability, and digital money.

Brunnermeier is also a research associate at the National Bureau of Economic Research, the Centre for Economic Policy Research, CESifo, the Luohan Academy, and a member of the Bellagio Group on the International Economy. He is a Sloan Research Fellow, fellow of the Econometric Society, Guggenheim Fellow, and the recipient of the Bernácer Prize granted for outstanding contributions in the fields of macroeconomics and finance. He is or has been a member of several advisory groups, including to the International Monetary Fund, the Federal Reserve of New York, the European Systemic Risk Board, the Bundesbank, and the US Congressional Budget Office. Brunnermeier was awarded his PhD by the London School of Economics (LSE). 

He has been awarded several best paper prizes and served on the editorial boards of a number of leading economics and finance journals. He has worked to establish the concepts of: liquidity spirals, the conditional value at risk (CoVaR) as a measure of systemic risk, the Volatility Paradox, Paradox of Prudence, European Safe Bonds (ESBies), financial dominance, the redistributive monetary policy, the Reversal Rate, and Digital Currency Areas.

Recent Content

Past Event

D. Filiz Unsal (International Monetary Fund), Olivier Blanchard (PIIE), Markus K. Brunnermeier (PIIE), Adam S. Posen (PIIE) and Tharman Shanmugaratnam (Monetary Authority of Singapore)

December 14, 2020
Past Event

Lael Brainard (Board of Governors of the Federal Reserve System), Markus K. Brunnermeier (Princeton University), Martin Wolf (Financial Times), Stefan Ingves (Riksbank), Simon Potter (PIIE) and Hyun Song Shin (Bank for International Settlements)

October 16, 2019
Speeches & Papers

Agnès Bénassy-Quéré, Markus K. Brunnermeier, Henrik Enderlein, Emmanuel Farhi, Marcel Fratzscher, Clemens Fuest, Pierre-Olivier Gourinchas, Philippe Martin, Florence Pisani, Hélène Rey, Isabel Schnabel, Nicolas Véron (PIIE), Beatrice Weder di Mauro, and Jeromin Zettelmeyer (PIIE)

January 17, 2018
Past Event

Conference Coordinators: Olivier Blanchard (PIIE) and Lawrence H. Summers (Harvard University)

October 12, 2017 to October 13, 2017
Op-Eds

By Agnès Bénassy-Quéré (Ecole d'économie de Paris, Université Paris 1 and Conseil d'analyse Économique), Markus K. Brunnermeier (Princeton University), Henrik Enderlein (Hertie School of Governance and Jacques Delors Institute Berlin), Emmanuel Farhi (Harvard University), Lars Feld (University of Freiburg, Walter Eucken Institute and German Council of Economic Experts), Marcel Fratzscher (DIW, Berlin), Clemens Fuest (Ifo Institute and University of Munich), Pierre-Olivier Gourinchas (University of California at Berkeley), Philippe Martin (Sciences Po and Conseil d'Analyse Économique, Paris), Jean Pisani-Ferry (Hertie School of Governance, Berlin; Sciences Po, Paris), Hélène Rey (London Business School), Isabel Schnabel (University of Bonn and German Council of Economic Experts), Nicolas Véron (Bruegel and PIIE), Beatrice Weder di Mauro (Insead and University of Mainz), and Jeromin Zettelmeyer (PIIE)

September 27, 2017