Markus K. Brunnermeier

Markus K. Brunnermeier, nonresident senior fellow at the Peterson Institute since February 2020, 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. He is author of The Resilient Society, named one of the best economics books of 2021 by the Financial Times and awarded the prestigious German Business Book Prize in the same year.

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.