Markus K. Brunnermeier

Princeton University - Department of Economics

Bendheim Center for Finance

Princeton, NJ

United States

http://www.princeton.edu/¡­markus

SCHOLARLY PAPERS

47

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SSRN CITATIONS
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Top 47

in Total Papers Citations

1,770

CROSSREF CITATIONS

5,318

Scholarly Papers (47)

1.

Hedge Funds and the Technology Bubble

AFA 2004 San Diego Meetings; EFA 2003 Annual Conference Paper No. 446
Number of pages: 37 Posted: 23 Jul 2003
Stefan Nagel and Markus K. Brunnermeier
University of Chicago - Booth School of Business and Princeton University - Department of Economics
Downloads 2,947 (3,926)
Citation 59

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Bubbles, Hedge Funds, Limits to Arbitrage

2.
Downloads 2,907 ( 4,015)
Citation 76

CoVaR

FRB of New York Staff Report No. 348
Number of pages: 45 Posted: 19 Sep 2008 Last Revised: 17 Oct 2013
Tobias Adrian and Markus K. Brunnermeier
International Monetary Fund and Princeton University - Department of Economics
Downloads 2,728 (4,386)
Citation 117

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value at risk, systemic risk, risk spillovers, financial architecture

Covar

NBER Working Paper No. w17454
Number of pages: 45 Posted: 06 Oct 2011 Last Revised: 18 Oct 2011
Tobias Adrian and Markus K. Brunnermeier
International Monetary Fund and Princeton University - Department of Economics
Downloads 179 (173,382)
Citation 1

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3.
Downloads 2,616 ( 4,802)
Citation 144

Deciphering the Liquidity and Credit Crunch 2007-08

Number of pages: 33 Posted: 19 Dec 2008 Last Revised: 01 Apr 2015
Markus K. Brunnermeier
Princeton University - Department of Economics
Downloads 2,303 (5,817)
Citation 139

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Financial Crisis, Bubbles, Liquidity, Liquidity Spirals, Credit Crunch

Deciphering the Liquidity and Credit Crunch 2007-08

NBER Working Paper No. w14612
Number of pages: 34 Posted: 29 Dec 2008 Last Revised: 17 Mar 2010
Markus K. Brunnermeier
Princeton University - Department of Economics
Downloads 313 (98,915)

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4.

Bubbles and Crashes

Princeton Working Paper
Number of pages: 41 Posted: 15 Jan 2002
Dilip Abreu and Markus K. Brunnermeier
Princeton University - Department of Economics and Princeton University - Department of Economics
Downloads 2,377 (5,643)
Citation 114

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Bubbles, Temporal Coordination, Synchronization, Market Timing, Limits to Arbitrage, Behavioral Finance, Dynamic Global Games

5.

Banks’ Non-Interest Income and Systemic Risk

AFA 2012 Chicago Meetings Paper
Number of pages: 33 Posted: 23 Mar 2011 Last Revised: 03 Apr 2015
Markus K. Brunnermeier, G. Nathan Dong and Darius Palia
Princeton University - Department of Economics, Boston College - Department of Finance and Rutgers University, Newark, School of Business-Newark, Department of Finance & Economics
Downloads 2,315 (5,879)
Citation 97

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Systemic Risk, Banks, Non-interest Income, Risk-spillover, Capital requirements

6.

A Macroeconomic Model with a Financial Sector

National Bank of Belgium Working Paper No. 236
Number of pages: 75 Posted: 14 Oct 2012
Markus K. Brunnermeier and Yuliy Sannikov
Princeton University - Department of Economics and Princeton University
Downloads 1,641 (10,475)
Citation 419

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7.

Measuring and Allocating Systemic Risk

Number of pages: 23 Posted: 29 Dec 2013 Last Revised: 23 Apr 2019
Markus K. Brunnermeier and Patrick Cheridito
Princeton University - Department of Economics and ETH Zurich
Downloads 1,467 (12,472)
Citation 14

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Systemic risk measure, systemic risk allocation, feedback effects, shadow prices, systemic risk limits, systemic risk charges, cap and trade

8.
Downloads 1,299 ( 15,117)
Citation 45

Bubbles, Financial Crises, and Systemic Risk

Handbook of the Economics of Finance, Volume 2, George M. Constantinides, Milton Harris and Rene M. Stulz, eds., North Holland, October 2012, Economic Theory Center Working Paper No. 47-2012
Number of pages: 90 Posted: 11 Jul 2012 Last Revised: 21 Dec 2012
Markus K. Brunnermeier and Martin Oehmke
Princeton University - Department of Economics and London School of Economics & Political Science (LSE) - Department of Finance
Downloads 866 (27,115)
Citation 1

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Bubbles, Crashes, Financial Crises, Systemic Risk

Bubbles, Financial Crises, and Systemic Risk

Handbook of the Economics of Finance, Volume 2, George M. Constantinides, Milton Harris & Rene M. Stulz, eds., North Holland, December 2012, Economic Theory Center Working Paper No. 47-2012
Number of pages: 89 Posted: 14 Oct 2012 Last Revised: 10 Dec 2012
Markus K. Brunnermeier and Martin Oehmke
Princeton University - Department of Economics and London School of Economics & Political Science (LSE) - Department of Finance
Downloads 409 (72,694)
Citation 5

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Bubbles, Crashes, Financial Crises, Systemic Risk

Bubbles, Financial Crises, and Systemic Risk

NBER Working Paper No. w18398
Number of pages: 90 Posted: 15 Sep 2012
Markus K. Brunnermeier and Martin Oehmke
Princeton University - Department of Economics and London School of Economics & Political Science (LSE) - Department of Finance
Downloads 24 (530,465)
Citation 3

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Disclosure Requirements and Stock Exchange Listing Choice in an International Context

Number of pages: 40 Posted: 11 Nov 1997
Steven J. Huddart, Markus K. Brunnermeier and John S. Hughes
Pennsylvania State University, University Park - Department of Accounting, Princeton University - Department of Economics and University of California at Los Angeles
Downloads 1,077 (19,717)
Citation 16

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Disclosure Requirements and Stock Exchange Listing Choice in an International Context

Journal of Accounting and Economics, Vol. 26, Nos. 1-3, 1998
Posted: 10 Feb 1999
Steven J. Huddart, Markus K. Brunnermeier and John S. Hughes
Pennsylvania State University, University Park - Department of Accounting, Princeton University - Department of Economics and University of California at Los Angeles

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10.

Modeling and Measuring Systemic Risk

American Economic Association, Ten Years and Beyond: Economists Answer NSF's Call for Long-Term Research Agendas
Number of pages: 5 Posted: 12 Aug 2011
Princeton University - Department of Economics, University of Chicago - Department of Economics, University of Chicago, Booth School of Business, Northwestern University - Kellogg School of Management and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 971 (23,372)
Citation 2

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11.
Downloads 869 ( 27,415)
Citation 14

A Note on Liquidity Risk Management

American Economic Review, Vol. 99, No. 2, 2009
Number of pages: 13 Posted: 19 Jan 2009 Last Revised: 17 Jun 2009
Markus K. Brunnermeier and Motohiro Yogo
Princeton University - Department of Economics and Princeton University - Department of Economics
Downloads 785 (31,133)
Citation 2

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Funding liquidity, Hedging, Maturity structure, Risk management

A Note on Liquidity Risk Management

NBER Working Paper No. w14727
Number of pages: 14 Posted: 17 Feb 2009 Last Revised: 29 Sep 2010
Markus K. Brunnermeier and Motohiro Yogo
Princeton University - Department of Economics and Princeton University - Department of Economics
Downloads 84 (308,130)

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12.
Downloads 808 ( 30,393)
Citation 1,086

Market Liquidity and Funding Liquidity

NYU Working Paper No. SC-AM-05-06
Number of pages: 47 Posted: 03 Nov 2008
Markus K. Brunnermeier and Lasse Heje Pedersen
Princeton University - Department of Economics and AQR Capital Management, LLC
Downloads 643 (40,822)
Citation 26

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Liquidity Risk Management, Liquidity, Liquidation, Systemic Risk, Leverage, Margins, Haircuts

Market Liquidity and Funding Liquidity

NBER Working Paper No. w12939
Number of pages: 48 Posted: 24 Feb 2007 Last Revised: 13 Apr 2007
Lasse Heje Pedersen and Markus K. Brunnermeier
AQR Capital Management, LLC and Princeton University - Department of Economics
Downloads 149 (203,177)
Citation 23

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Market Liquidity and Funding Liquidity

CEPR Discussion Paper No. DP6179
Number of pages: 50 Posted: 20 May 2008
Markus K. Brunnermeier and Lasse Heje Pedersen
Princeton University - Department of Economics and AQR Capital Management, LLC
Downloads 16 (583,483)
Citation 116
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Counterparty credit risk, leverage, liquidity risk management, margins, systemic risk, value-at-risk

Market Liquidity and Funding Liquidity

The Review of Financial Studies, Vol. 22, Issue 6, pp. 2201-2238, 2009
Posted: 01 Jun 2009
Markus K. Brunnermeier and Lasse Heje Pedersen
Princeton University - Department of Economics and AQR Capital Management, LLC

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13.

Risk Topography

Number of pages: 31 Posted: 30 Apr 2011 Last Revised: 07 Jun 2011
Markus K. Brunnermeier, Gary B. Gorton and Arvind Krishnamurthy
Princeton University - Department of Economics, Yale School of Management and Northwestern University - Kellogg School of Management
Downloads 745 (33,942)
Citation 23

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Measurement, Systemic Risk, Liquidity

14.
Downloads 722 ( 35,456)
Citation 161

Predatory Trading

EFA 2003 Annual Conference Paper
Number of pages: 36 Posted: 22 Apr 2003
Lasse Heje Pedersen and Markus K. Brunnermeier
AQR Capital Management, LLC and Princeton University - Department of Economics
Downloads 452 (64,349)
Citation 4

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Predatory Trading

NYU Working Paper No. FIN-03-042
Number of pages: 43 Posted: 11 Nov 2008
Markus K. Brunnermeier and Lasse Heje Pedersen
Princeton University - Department of Economics and AQR Capital Management, LLC
Downloads 126 (232,676)
Citation 6

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Predation, Valuation, Liquidity, Risk Management, Systemic Risk

Predatory Trading

NBER Working Paper No. w10755
Number of pages: 56 Posted: 27 Sep 2004 Last Revised: 18 Nov 2004
Lasse Heje Pedersen and Markus K. Brunnermeier
AQR Capital Management, LLC and Princeton University - Department of Economics
Downloads 69 (346,204)
Citation 3

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Predatory Trading

NYU Working Paper No. S-DRP-03-14
Number of pages: 43 Posted: 07 Nov 2008
Markus K. Brunnermeier and Lasse Heje Pedersen
Princeton University - Department of Economics and AQR Capital Management, LLC
Downloads 48 (414,427)

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Predation, Valuation, Liquidity, Risk Management, Systemic Risk

Predatory Trading

CEPR Discussion Paper No. 4639
Number of pages: 58 Posted: 18 Nov 2004
Lasse Heje Pedersen and Markus K. Brunnermeier
AQR Capital Management, LLC and Princeton University - Department of Economics
Downloads 27 (511,885)
Citation 9
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Dealer exit stress test, liquidity crisis, predation, valuation, liquidity, risk management, systemic risk

15.
Downloads 658 ( 40,157)
Citation 4

Leadership, Coordination and Mission-Driven Management

AFA 2009 San Francisco Meetings Paper
Number of pages: 44 Posted: 17 Mar 2008
Patrick Bolton, Markus K. Brunnermeier and Laura Veldkamp
Columbia Business School - Department of Economics, Princeton University - Department of Economics and New York University - Stern School of Business
Downloads 586 (46,228)
Citation 5

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leadership, CEO overconfidence, coordination games

Leadership, Coordination and Mission-Driven Management

NBER Working Paper No. w14339
Number of pages: 44 Posted: 15 Sep 2008 Last Revised: 07 Sep 2010
Patrick Bolton, Markus K. Brunnermeier and Laura Veldkamp
Columbia Business School - Department of Economics, Princeton University - Department of Economics and New York University - Stern School of Business
Downloads 72 (337,962)

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16.

Carry Trades and Currency Crashes

NBER Working Paper No. w14473
Number of pages: 36 Posted: 19 Jul 2012 Last Revised: 01 Apr 2015
Markus K. Brunnermeier, Stefan Nagel and Lasse Heje Pedersen
Princeton University - Department of Economics, University of Chicago - Booth School of Business and AQR Capital Management, LLC
Downloads 546 (51,268)
Citation 20

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17.
Downloads 498 ( 57,649)
Citation 35

The Sovereign-Bank Diabolic Loop and Esbies

American Economic Review, Vol. 6, No. 5, May 2016, HEC Paris Research Paper No. FIN-2016-1133, Columbia Business School Research Paper No. 16-12
Number of pages: 14 Posted: 25 Jan 2016 Last Revised: 14 Jun 2016
Princeton University - Department of Economics, IE Business School, Trinity College (Dublin) - Department of Economics, University of Naples Federico II - Department of Economics and Statistics, London School of Economics & Political Science (LSE), Columbia Business School, Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA), Columbia University Graduate School of Business and London School of Economics
Downloads 477 (60,171)
Citation 6

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diabolic loop, sovereign debt crisis, government default, bank default, bailout, ESBies

The Sovereign-Bank Diabolic Loop and Esbies

NBER Working Paper No. w21993
Number of pages: 16 Posted: 15 Feb 2016 Last Revised: 29 Feb 2016
Princeton University - Department of Economics, IE Business School, Trinity College (Dublin) - Department of Economics, University of Naples Federico II - Department of Economics and Statistics, London School of Economics & Political Science (LSE), Columbia Business School, Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA), Columbia University Graduate School of Business and London School of Economics
Downloads 20 (556,563)

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The Sovereign-Bank Diabolic Loop and ESBies

CEPR Discussion Paper No. DP11317
Number of pages: 17 Posted: 13 Jun 2016
Princeton University - Department of Economics, IE Business School, Trinity College (Dublin) - Department of Economics, University of Naples Federico II - Department of Economics and Statistics, London School of Economics & Political Science (LSE), Columbia University, Massachusetts Institute of Technology (MIT) - Economics, Finance, Accounting (EFA), Columbia University Graduate School of Business and London School of Economics
Downloads 1 (703,782)
Citation 7
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bailout, bank default, diabolic loop, ESBies, government default, sovereign debt crisis

18.

Liquidity Mismatch Measurement

Number of pages: 23 Posted: 19 Dec 2014
Markus K. Brunnermeier, Arvind Krishnamurthy and Gary B. Gorton
Princeton University - Department of Economics, Northwestern University - Kellogg School of Management and Yale School of Management
Downloads 335 (92,252)
Citation 18

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Liquidity, liquidity mismatch

Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns

Number of pages: 33 Posted: 30 Mar 2007
Markus K. Brunnermeier, Christian Gollier and Jonathan A. Parker
Princeton University - Department of Economics, University of Toulouse 1 - Industrial Economic Institute (IDEI) and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 263 (119,181)
Citation 3

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portfolio choice, asset pricing, expectations, heterogeneous beliefs, optimal

Optimal Beliefs, Asset Prices, and the Preference for Skewed Returns

NBER Working Paper No. w12940
Number of pages: 34 Posted: 24 Feb 2007
Markus K. Brunnermeier, Christian Gollier and Jonathan A. Parker
Princeton University - Department of Economics, University of Toulouse 1 - Industrial Economic Institute (IDEI) and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 29 (500,284)

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Optimal Beliefs, Asset Prices and the Preference for Skewed Returns

CEPR Discussion Paper No. DP6181
Number of pages: 36 Posted: 20 May 2008
Markus K. Brunnermeier, Christian Gollier and Jonathan A. Parker
Princeton University - Department of Economics, University of Toulouse 1 - Industrial Economic Institute (IDEI) and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 2 (690,045)
Citation 13
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Belief biases, heterogeneous beliefs, optimal expectations, skewness

Do Wealth Fluctuations Generate Time-Varying Risk Aversion? Micro-Evidence on Individuals' Asset Allocation

EFA 2005 Moscow Meetings Paper
Number of pages: 34 Posted: 28 Feb 2005
Markus K. Brunnermeier and Stefan Nagel
Princeton University - Department of Economics and University of Chicago - Booth School of Business
Downloads 240 (131,030)
Citation 20

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Household portfolio choice, risk aversion, panel data

Do Wealth Fluctuations Generate Time-Varying Risk Aversion? Micro-Evidence on Individuals' Asset Allocation

NBER Working Paper No. w12809
Number of pages: 46 Posted: 05 Jan 2007 Last Revised: 03 Jul 2010
Stefan Nagel and Markus K. Brunnermeier
University of Chicago - Booth School of Business and Princeton University - Department of Economics
Downloads 52 (399,896)
Citation 14

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21.
Downloads 266 (118,383)
Citation 20

International Credit Flows and Pecuniary Externalities

CESifo Working Paper Series No. 5170
Number of pages: 52 Posted: 04 Feb 2015
Markus K. Brunnermeier and Yuliy Sannikov
Princeton University - Department of Economics and Princeton University
Downloads 245 (128,292)

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credit flows, capital flows, sudden stops, pecuniary externalities, hot money, Phoenix Miracle, terms of trade hedge

International Credit Flows and Pecuniary Externalities

NBER Working Paper No. w20803
Number of pages: 52 Posted: 05 Jan 2015
Markus K. Brunnermeier and Yuliy Sannikov
Princeton University - Department of Economics and Stanford GSB
Downloads 19 (563,372)

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International Credit Flows and Pecuniary Externalities

CEPR Discussion Paper No. DP10339
Number of pages: 53 Posted: 23 Jan 2015
Markus K. Brunnermeier and Yuliy Sannikov
Princeton University - Department of Economics and Princeton University
Downloads 2 (690,045)
Citation 7
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hot money, international capital flows, international credit flows, pecuniary externalities, sudden stops, terms of trade hedge

22.
Downloads 223 (141,361)
Citation 18

Predatory Short Selling

Review of Finance (2014), 18(6): 2153-2195, Columbia Business School Research Paper No. 13-29
Number of pages: 34 Posted: 10 Apr 2013 Last Revised: 10 Dec 2015
Markus K. Brunnermeier and Martin Oehmke
Princeton University - Department of Economics and London School of Economics & Political Science (LSE) - Department of Finance
Downloads 209 (150,072)

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short selling, predatory trading, financial institutions, leverage constraints

Predatory Short Selling

NBER Working Paper No. w19514
Number of pages: 52 Posted: 11 Oct 2013
Markus K. Brunnermeier and Martin Oehmke
Princeton University - Department of Economics and London School of Economics & Political Science (LSE) - Department of Finance
Downloads 14 (597,470)
Citation 5

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23.

Macroeconomics with Financial Frictions: A Survey

NBER Working Paper No. w18102
Number of pages: 96 Posted: 01 Jun 2012
Markus K. Brunnermeier, Thomas M. Eisenbach and Yuliy Sannikov
Princeton University - Department of Economics, Federal Reserve Banks - Federal Reserve Bank of New York and Stanford GSB
Downloads 220 (143,234)
Citation 12

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24.
Downloads 197 (158,953)
Citation 58

A Welfare Criterion for Models with Distorted Beliefs

Number of pages: 48 Posted: 15 Mar 2012
Markus K. Brunnermeier, Alp Simsek and Wei Xiong
Princeton University - Department of Economics, Massachusetts Institute of Technology (MIT) - Department of Economics and Princeton University - Department of Economics
Downloads 170 (181,449)
Citation 5

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A Welfare Criterion for Models with Distorted Beliefs

NBER Working Paper No. w20691
Number of pages: 55 Posted: 24 Nov 2014
Markus K. Brunnermeier, Alp Simsek and Wei Xiong
Princeton University - Department of Economics, Massachusetts Institute of Technology (MIT) - Department of Economics and Princeton University - Department of Economics
Downloads 27 (511,885)
Citation 6

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25.

Clock Games: Theory and Experiments

Number of pages: 56 Posted: 05 Feb 2005
John Morgan and Markus K. Brunnermeier
University of California, Berkeley - Economic Analysis & Policy Group and Princeton University - Department of Economics
Downloads 180 (172,517)
Citation 3

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Clock games, experiments, currency attacks, bubbles, polutical revolution

26.

Banks' Non-Interest Income and Systemic Risk

Number of pages: 33 Posted: 14 Feb 2019
Markus K. Brunnermeier, G. Nathan Dong and Darius Palia
Princeton University - Department of Economics, Boston College - Department of Finance and Rutgers University, Newark, School of Business-Newark, Department of Finance & Economics
Downloads 159 (193,096)
Citation 10

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Systemic Risk, Banks, Non-Interest Income, Risk-Spillover, Capital Requirements

27.
Downloads 113 (251,152)
Citation 5

ESBies: Safety in the Tranches

CFS Working Paper, No. 537
Number of pages: 55 Posted: 06 Oct 2016 Last Revised: 11 Jan 2018
Princeton University - Department of Economics, European Central Bank, University of Naples Federico II - Department of Economics and Statistics, London School of Economics & Political Science (LSE), Columbia University Graduate School of Business and London School of Economics
Downloads 78 (322,503)
Citation 6

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ESBies: Safety in the Tranches

Prepared for the 64th Panel Meeting of Economic Policy, 14-15 October 2016
Number of pages: 52 Posted: 21 Sep 2016
Princeton University - Department of Economics, European Central Bank, University of Naples Federico II - Department of Economics and Statistics, London School of Economics & Political Science (LSE), Columbia University Graduate School of Business and London School of Economics
Downloads 35 (469,525)
Citation 1

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ESBies, safe assets, sovereign debt, default, sovereign exposures, diabolic loop, tranching, pooling

ESBies: Safety in the Tranches

CEPR Discussion Paper No. DP11537
Number of pages: 55 Posted: 03 Oct 2016
Princeton University - Department of Economics, European Central Bank, University of Naples Federico II - Department of Economics and Statistics, London School of Economics & Political Science (LSE), Columbia University Graduate School of Business and London School of Economics
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bank-sovereign loop, ESBies, Euro crisis, monetary policy, public debt issuance, safe assets

28.

Do Complex Economies Require Complex Financial Systems?

46th Annual AREUEA Conference Paper
Number of pages: 1 Posted: 01 Dec 2010
Douglas T. Breeden, Chester S. Spatt, Markus K. Brunnermeier and Albert S. Kyle
Duke University Fuqua School of Business, Carnegie Mellon University - David A. Tepper School of Business, Princeton University - Department of Economics and University of Maryland
Downloads 107 (260,959)

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29.

Optimal Expectations

NBER Working Paper No. w10707
Number of pages: 47 Posted: 14 Sep 2004 Last Revised: 03 Dec 2004
Jonathan A. Parker and Markus K. Brunnermeier
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Princeton University - Department of Economics
Downloads 93 (286,702)
Citation 21

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30.

Micro-Evidence From a System-Wide Financial Meltdown: The German Crisis of 1931

Number of pages: 43 Posted: 15 Aug 2019 Last Revised: 01 Oct 2019
Kristian Blickle, Markus K. Brunnermeier and Stephan Luck
Federal Reserve Banks - Federal Reserve Bank of New York, Princeton University - Department of Economics and Federal Reserve Bank of New York
Downloads 75 (326,646)

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bank runs, financial crisis, banking panics, banking regulation

31.
Downloads 75 (326,646)
Citation 94

Money Illusion and Housing Frenzies

NBER Working Paper No. w12810
Number of pages: 48 Posted: 05 Jan 2007 Last Revised: 18 May 2015
Christian Julliard and Markus K. Brunnermeier
London School of Economics & Political Science (LSE) - Department of Finance and Princeton University - Department of Economics
Downloads 71 (340,697)
Citation 2

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Money Illusion and Housing Frenzies

CEPR Discussion Paper No. DP6183
Number of pages: 50 Posted: 20 May 2008
Markus K. Brunnermeier and Christian Julliard
Princeton University - Department of Economics and London School of Economics & Political Science (LSE) - Department of Finance
Downloads 4 (670,469)
Citation 4
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Behavioural finance, housing, inflation illusion, interest rate, money illusion, mortgages, real estate

Money Illusion and Housing Frenzies

The Review of Financial Studies, Vol. 21, Issue 1, pp. 135-180, 2008
Posted: 26 Jun 2008
Markus K. Brunnermeier and Christian Julliard
Princeton University - Department of Economics and London School of Economics & Political Science (LSE) - Department of Finance

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32.
Downloads 45 (418,127)
Citation 9

Macro, Money and Finance: A Continuous Time Approach

NBER Working Paper No. w22343
Number of pages: 57 Posted: 13 Jun 2016
Markus K. Brunnermeier and Yuliy Sannikov
Princeton University - Department of Economics and Stanford GSB
Downloads 44 (430,171)

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Macro, Money and Finance: A Continuous Time Approach

CEPR Discussion Paper No. DP11329
Number of pages: 59 Posted: 20 Jun 2016
Markus K. Brunnermeier and Yuliy Sannikov
Princeton University - Department of Economics and Princeton University
Downloads 1 (703,782)
Citation 3
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(Inside) Money, Endogenous Risk Dynamics, Financial Frictions, Macroeconomic Modeling, Monetary Economics, Paradox of Prudence, Volatility Paradox

33.
Downloads 44 (421,955)
Citation 12

The I Theory of Money

NBER Working Paper No. w22533
Number of pages: 65 Posted: 22 Aug 2016
Markus K. Brunnermeier and Yuliy Sannikov
Princeton University - Department of Economics and Stanford GSB
Downloads 44 (430,171)

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The I Theory of Money

CEPR Discussion Paper No. DP11444
Number of pages: 67 Posted: 22 Aug 2016
Markus K. Brunnermeier and Yuliy Sannikov
Princeton University - Department of Economics and Stanford GSB
Downloads 0
Citation 6
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(Inside) Money, Endogenous Risk Dynamics, Financial Frictions., Monetary Economics, Paradox of Prudence

34.
Downloads 43 (425,744)
Citation 2

On the Equivalence of Private and Public Money

CESifo Working Paper No. 7741
Number of pages: 31 Posted: 24 Oct 2019
Markus K. Brunnermeier and Dirk Niepelt
Princeton University - Department of Economics and University of Bern - Department of Economics
Downloads 32 (484,239)
Citation 1

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Money Creation, Monetary System, Inside Money, Outside Money, Equivalence, CBDC, Chicago Plan, Sovereign Money

On the Equivalence of Private and Public Money

NBER Working Paper No. w25877
Number of pages: 30 Posted: 28 May 2019 Last Revised: 31 May 2019
Markus K. Brunnermeier and Dirk Niepelt
Princeton University - Department of Economics and University of Bern - Department of Economics
Downloads 9 (633,287)
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On the Equivalence of Private and Public Money

CEPR Discussion Paper No. DP13778
Number of pages: 31 Posted: 11 Jun 2019
Markus K. Brunnermeier and Dirk Niepelt
Princeton University - Department of Economics and University of Bern - Department of Economics
Downloads 2 (690,045)
Citation 1
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CBDC, Chicago Plan, equivalence, Inside money, monetary system, money creation, outside money, sovereign money

35.
Downloads 40 (437,580)

A Crash Course on the Euro Crisis

NBER Working Paper No. w26229
Number of pages: 52 Posted: 09 Sep 2019
Markus K. Brunnermeier and Ricardo Reis
Princeton University - Department of Economics and London School of Economics & Political Science (LSE)
Downloads 38 (455,824)
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A Crash Course on the Euro Crisis

CEPR Discussion Paper No. DP14016
Number of pages: 54 Posted: 07 Oct 2019
Markus K. Brunnermeier and Ricardo Reis
Princeton University - Department of Economics and London School of Economics & Political Science (LSE)
Downloads 2 (690,045)
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Amplification, Euro crisis, financial crisis, Pecuniary externalities, safe asset, shadow banking, systemic risk, teaching

36.

An Economic Model of the Planning Fallacy

NBER Working Paper No. w14228
Number of pages: 41 Posted: 18 Aug 2008 Last Revised: 11 Nov 2013
Markus K. Brunnermeier, Filippos Papakonstantinou and Jonathan A. Parker
Princeton University - Department of Economics, King's College London and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 38 (445,955)
Citation 1

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37.
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Citation 3

Blockchain Economics

NBER Working Paper No. w25407
Number of pages: 84 Posted: 31 Dec 2018
Joseph Abadi and Markus K. Brunnermeier
Princeton University and Princeton University - Department of Economics
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Blockchain Economics

CEPR Discussion Paper No. DP13420
Number of pages: 86 Posted: 07 Jan 2019
Joseph Abadi and Markus K. Brunnermeier
Princeton University and Princeton University - Department of Economics
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Citation 1
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Blockchain Economics, cryptocurrencies, Digital Currencies, distributed ledger technology, Fintech

38.

The Maturity Rat Race

NBER Working Paper No. w16607
Number of pages: 38 Posted: 18 Dec 2010
Markus K. Brunnermeier and Martin Oehmke
Princeton University - Department of Economics and London School of Economics & Political Science (LSE) - Department of Finance
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Citation 11

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39.

Optimal Expectation

CEPR Discussion Paper No. 4656
Number of pages: 49 Posted: 03 Dec 2004
Jonathan A. Parker and Markus K. Brunnermeier
Massachusetts Institute of Technology (MIT) - Sloan School of Management and Princeton University - Department of Economics
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Expectation, heterogenous beliefs, belief biases, consumption, saving, portfolio choice, overconfidence, gambling

40.

The Digitalization of Money

NBER Working Paper No. w26300
Number of pages: 33 Posted: 23 Sep 2019
Markus K. Brunnermeier and Harold James
Princeton University - Department of Economics and Princeton University - Department of History
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41.

China's Gradualistic Economic Approach and Financial Markets

NBER Working Paper No. w23194
Number of pages: 14 Posted: 27 Feb 2017
Markus K. Brunnermeier, Michael Sockin and Wei Xiong
Princeton University - Department of Economics, University of Texas at Austin - Red McCombs School of Business and Princeton University - Department of Economics
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42.
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Citation 2

Asset Price Bubbles and Systemic Risk

NBER Working Paper No. w25775
Number of pages: 83 Posted: 30 Apr 2019
Markus K. Brunnermeier, Simon C. Rother and Isabel Schnabel
Princeton University - Department of Economics, University of Bonn and University of Bonn - Institute for Financial Economics and Statistics
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Asset Price Bubbles and Systemic Risk

CEPR Discussion Paper No. DP12362
Number of pages: 59 Posted: 16 Oct 2017
Markus K. Brunnermeier, Simon C. Rother and Isabel Schnabel
Princeton University - Department of Economics, University of Bonn and University of Bonn - Institute for Financial Economics and Statistics
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Asset price bubbles, CoVaR, Credit Booms, Financial crises, systemic risk

43.

On the Optimal Inflation Rate

NBER Working Paper No. w22133
Number of pages: 20 Posted: 04 Apr 2016
Markus K. Brunnermeier and Yuliy Sannikov
Princeton University - Department of Economics and Stanford GSB
Downloads 15 (568,471)

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A Global Safe Asset for and from Emerging Market Economies

NBER Working Paper No. w25373
Number of pages: 56 Posted: 26 Dec 2018
Markus K. Brunnermeier and Lunyang Huang
Princeton University - Department of Economics and Princeton University
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A Global Safe Asset for and from Emerging Market Economies

CEPR Discussion Paper No. DP13387
Number of pages: 58 Posted: 17 Dec 2018
Markus K. Brunnermeier and Lunyang Huang
Princeton University - Department of Economics and Princeton University
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Capital Flows, Flight to safety, SBBS, sovereign bond backed securities, sudden stop

45.

Bubbles and Central Banks: Historical Perspectives

CEPR Discussion Paper No. DP10528
Number of pages: 67 Posted: 09 Apr 2015
Markus K. Brunnermeier and Isabel Schnabel
Princeton University - Department of Economics and University of Bonn - Institute for Financial Economics and Statistics
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Citation 6
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bubbles, capital flows, credit, macroprudential policy, monetary policy

46.

The Reversal Interest Rate

NBER Working Paper No. w25406
Number of pages: 42 Posted: 31 Dec 2018 Last Revised: 12 Jan 2019
Markus K. Brunnermeier and Yann Koby
Princeton University - Department of Economics and Princeton University
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47.

Prices, Price Processes, Volume and Their Information - a Survey of the Market Microstructure Literature -

Financial Markets Group, LSE Working Paper No. DP 270
Posted: 16 May 1998
Markus K. Brunnermeier
Princeton University - Department of Economics

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