Markus K. Brunnermeier is the Edwards S. Sanford Professor at Princeton University. He is a faculty member of the Department of Economics and director of Princeton's Bendheim Center for Finance. He is the founding and former director of Princeton’s Julis Rabinowitz Center for Public Policy and Finance and affiliated with the International Economics Section. He is also a research associate at NBER, CEPR, and CESifo. He is a member of several advisory groups, including to the IMF, the New York Federal Reserve, the European Systemic Risk Board, and the Bundesbank. Brunnermeier was awarded his Ph.D. by the London School of Economics (LSE).

His research focuses on financial markets and the macroeconomy with special emphasis on bubbles, liquidity, financial and monetary price stability. To explore these topics, his models incorporate frictions as well as behavioral elements. He is a Sloan Research Fellow, Fellow of the Econometric Society and the recipient of the Bernácer Prize granted for outstanding contributions in the fields of macroeconomics and finance. He received a Guggenheim Fellowship for studying the impact of financial frictions on the macroeconomy. He has been awarded  several best paper prices and served on the editorial boards of several leading economics and finance journals.

For different profiles see Yale Economic Review and wikipedia.

News & Events

Financial Dominance

October 22, 2013
Lecture on "Financial Dominance" during the Deutsche Bank Prize Ceremony for Raghu Rajan in Frankfurt on Sept 26th, 2013.  See video and slides.

Princeton Initiative: Macro, Money and Finance 2013

September 7, 2013

Following the Princeton tradition of incorporating financial frictions in macroeconomic models - scholars like Ben Bernanke come to mind - this camp tries to bring top 2nd year Ph.D. students from all leading departments together who want to write a Ph.D. thesis at the intersections between Macro, Monetary Economics and Finance.

Link with VideosBackground Reading.

Jackson Hole Symposium

September 3, 2012
The paper I presented at the 2012 Jackson Hole Symposium hosted by the Federal Reserve Bank of Kansas is available here.  It is a joint work with Yuliy Sannikov and is titled "Redistributive Monetary Policy."

The Future of Europe

April 14, 2012

A video of my lecture at the Institute for New Economic Thinking's (INET) Paradigm Lost Conference in Berlin is available here.