Luohan Academy


Personalborn in 1969 in Germany.

EducationPh.D. in Economics at London School of Economics.

Academic AppointmentsEdwards S. Sanford Professor at Princeton University. Director of Princeton's Bendheim Center for Finance. Member of several advisory groups, including to the International Monetary Fund, the Federal Reserve of New York, the German Bundesbank, the U.S. Congressional Budget Office, and formerly of the European Systemic Risk Board. Research associate of the National Bureau of Economic Research. Research affiliate of the Centre for Economic Policy Research. Guggenheim Fellow, Fellow of the Econometric Society.

Research Field

Prof. Brunnermeier's research focuses on international 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 has been awarded several best paper prizes and served on the editorial boards of several leading economics and finance journals. He has tried to establish the concepts: liquidity spirals, CoVaR as co-risk measure, the Volatility Paradox, Paradox of Prudence, ESBies, financial dominance and the I Theory of Money.