Markus K. Brunnermeier

Markus K. Brunnermeier is the Edwards S. Sanford Professor of Economics at Princeton University, where he also directs the Bendheim Center for Finance. His research spans resilience, international financial markets, monetary theory, and macroeconomics, with a focus on bubbles, liquidity, financial crises, and digital money. A prolific author, his notable books include A Crash Course on Crises, The Resilient Society, and The Euro and the Battle of Ideas.

• Ph.D. from the London School of Economics (1999)
• Doctor honoris causa from the University of Regensburg (2022)

Markus has pioneered concepts like liquidity spirals, CoVaR (a systemic risk measure), the Volatility Paradox, Financial Dominance, European Safe Bonds (ESBies), and the Reversal Rate. His work frequently intersects with policy, advising institutions like the IMF, Federal Reserve Bank of New York, European Systemic Risk Board, German Bundesbank, and U.S. Congressional Budget Office.

His recent publications reflect a focus on systemic risk, digital currencies, and financial crises, spanning topics from the German hyperinflation to mobile money and blockchain economics. His work has been recognized with awards such as the Smith Breeden Prize, Sloan Fellowship, Guggenheim Fellowship, and the Germán Bernácer Prize.