Working Papers
Brunnermeier, Markus K., and Jonathan Payne. “BigTech Lending, Banking, and Information Portability.” n. pag. Print.
Abadi, Joseph, and Markus K. Brunnermeier. “Blockchain Economics.” n. pag. Print.
Brunnermeier, Markus K., Pierre-Olivier Gourinchas, and Oleg Itskhoki. “Consumption-Led Growth.” n. pag.
Brunnermeier, Markus K., Harold James, and Jean-Pierre Landau. “The Digitalization of Money.” : n. pag. Print.
Brunnermeier, Markus, and Yuliy Sannikov. “The I Theory of Money.” : n. pag. Print.
Brunnermeier, Markus K., and Yuliy Sannikov. “International Monetary Theory: A Risk Perspective.” n. pag. Print.
Submitted
Brunnermeier, Markus K. et al. “The Debt-Inflation Channel of the German Hyperinflation.” n. pag. Print.
Brunnermeier, Markus K., Sebastian Merkel, and Yuliy Sannikov. “The Fiscal Theory of the Price Level With a Bubble.” : n. pag. Print.
Brunnermeier, Markus K., Rohit Lamba, and Carlos Segura-Rodriguez. “Inverse Selection.” : n. pag. Print.
Brunnermeier, Markus K., Nicola Limodio, and Lorenzo Spadavecchia. “Mobile Money, Interoperability, and Financial Inclusion.” n. pag. Print.
Brunnermeier, Markus K., and Jonathan Payne. “Strategic Money and Credit Ledgers.” n. pag. Print.
In Preparation
Brunnermeier, Markus, and Sebastian Merkel. “The International Monetary System and Safe Assets.” n. pag. Print.
2024
Brunnermeier, Markus K. “Macrofinance and Resilience.” Journal of Finance 79.6 (2024): n. pag.
Brunnermeier, Markus K., Sebastian Merkel, and Yuliy Sannikov. “Safe Assets.” Journal of Political Economy 132 (2024): 3603–3657. Print.
Abadi, Joseph, and Markus K. Brunnermeier. “Token-Based Platform Governance.” Journal of Financial Economics (2024): n. pag.
Blickle, Kristian, Markus K. Brunnermeier, and Stephan Luck. “Who Can Tell Which Banks Will Fail?.” Review of Financial Studies 37.9 (2024): 2685–2731.
2023
Brunnermeier, Markus K., and Ricardo Reis. A Crash Course on Crises. Princeton University Press, 2023. Print.
Brunnermeier, Markus K., Joseph Abadi, and Yann Koby. “The Reversal Interest Rate.” American Economic Review 113.8 (2023): 2084–2120. Print.
2022
Brunnermeier, Markus K., Michael Sockin, and Wei Xiong. “China’s Model of Managing Its Financial System, Review of Economics Studies.” China’s Model of Managing its Financial System 2022: n. pag. Print.
2021
Brunnermeier, Markus K. “Feedbacks: Financial Markets and Economic Activity.” American Economic Review 111.6 (2021): 1845–1879.
Brunnermeier, Markus K. The Resilient Society. Endeavor Literary Press, 2021. Print.
Brunnermeier, Markus K., Sebastian Merkel, and Yuliy Sannikov. “A Safe Asset Perspective for an Integrated Policy Framework.” The Asian Monetary Policy Forum: Insights for Central Banking. World Scientific Publishing Co Pte Ltd, 2021.
2020
Brunnermeier, Markus K., Simon Rother, and Isabel Schnabel. “Asset Price Bubbles and Systemic Risk.” Review of Financial Studies 33 (2020): 4272–4317. 9 Vol.
Brunnermeier, Markus K., Gang Dong, and Darius Palia. “Banks’ Non-Interest Income and Systemic Risk.” Review of Corporate Financial Studies 9.2 (2020): 229–255.
Brunnermeier, Markus K., and Arvind Krishnamurthy. “Corporate Debt Overhang and Credit Policy.” Brooking Papers of Economic Activity Summer (2020): 447–488. Summer 2020.
Brunnermeier, Markus K., and Arvind Krishnamurthy. “The Macroeconomics of Corporate Debt.” Review of Corporate Financial Studies 9 (2020): 656–665. 3 Vol.
2019
Brunnermeier, Markus K., and Lunyang Huang. “A Global Safe Asset From and For Emerging Economies.” Monetary Policy and Financial Stability: Transmission Mechanisms and Policy Implications. Santiago de Chile: Central Bank of Chile, 2019. 111–167. Print.
Brunnermeier, Markus K., and Patrick Cheridito. “Measuring and Allocating Systemic Risk.” Risks 7.46 (2019): n. pag.
Brunnermeier, Markus K., and Dirk Niepelt. “On the Equivalence of Private and Public Money.” Journal of Monetary Economics 106 (2019): 27–41.
2018
Brunnermeier, Markus K., Rush Doshi, and Harold James. “Beijings’ Bismarckian Ghosts: How Great Powers Compete Economically.” The Washington Quarterly Fall (2018): n. pag. Print.
2017
Brunnermeier, Markus K., Michael Sockin, and Wei Xiong. “China’s Gradual Economics Approach and Financial Markets.” American Economic Review Papers and Proceedings 107.5 (2017): 608–613. Print.
Brunnermeier, Markus K. et al. “ESBies: Safety in the Tranches.” Economic Policy (2017): n. pag. Print.
Brunnermeier, Markus K., and Yuliy Sannikov. “Macro, Money and Finance: A Continuous-Time Approach.” Handbook of Macroeconomics. 2B. North-Holland, 2017. 1497–1546. Print.
Brunnermeier, Markus K., Filippos Papakonstantinou, and Jonathan A. Parker. “Optimal Time-Inconsistent Beliefs: Misplanning, Procrastination, and Commitment.” Management Science 63.5 (2017): 1318–1314.
2016
Brunnermeier, Markus, and Isabel Schnabel. “Bubbles and Central Banks: Historical Perspectives.” Central Banks at a Crossroads: What Can We Learn from History? . Cambridge, UK: Cambridge University Press, 2016.
Adrian, Tobias, and Markus K. Brunnermeier. “CoVaR.” American Economic Review 106.7 (2016): 1705–1741. Print.
Brunnermeier, Markus, Harold James, and Jean-Pierre Landau. The Euro and the Battle of Ideas. Princeton, NJ, USA: Princeton University Press, 2016.
Brunnermeier, Markus K. Financial Dominance. Rome: Banca d’Italia, 2016. Print.
Brunnermeier, Markus, and Yuliy Sannikov. “On the Optimal Inflation Rate.” American Economic Review Papers and Proceedings 106.5 (2016): 484–489. Print.
Brunnermeier, Markus K. et al. “The Sovereign-Banking Diabolic Loop and ESBies.” American Economic Review Papers and Proceedings 106.5 (2016): 508–512. Print.
2015
Brunnermeier, Markus, and Yuliy Sannikov. “International Credit Flows and Pecuniary Externalities.” American Economic Journal: Macroeconomics 7.1 (2015): 297–338. Print.
2014
Brunnermeier, Markus, Gary Gorton, and Arvind Krishnamurthy. “Liquidity Mismatch.” Risk Topography. Chicago: University of Chicago Press, 2014. Print.
Brunnermeier, Markus K., and Yuliy Sannikov. “A Macroeconomic Model With a Financial Sector.” American Economic Review 104.2 (2014): 379–421. Print.
Brunnermeier, Markus, and Yuliy Sannikov. “Monetary Analysis: Price and Financial Stability.” ECB Forum on Central Banking. Sintra, Portugal: N.p., 2014. Print.
Brunnermeier, Markus K., and Martin Oehmke. “Predatory Short Selling.” Review of Finance 18.6 (2014): 2153–2195.
Brunnermeier, Markus, Alp Simsek, and Wei Xiong. “A Welfare Criterion for Models With Biased Beliefs.” Quarterly Journal of Economics 129.4 (2014): 1711–1752. Print.
2013
Brunnermeier, Markus K., and Yuliy Sannikov. “ Redistributive
Monetary
Policy .” Jackson Hole Symposium 2013: 331–384.
Brunnermeier, Markus, and Martin Oehmke. “Bubbles, Financial Crises, and Systemic Risk.” Handbook of the Economics of Finance. Amsterdam: Elsevier, 2013. Print.
Brunnermeier, Markus, Patrick Bolton, and Laura Veldkamp. “Leadership, Coordination and Corporate Culture.” Review of Economic Studies 80.2 (2013): 512–537. Print.
Brunnermeier, Markus, Thomas Eisenbach, and Yuliy Sannikov. “Macroeconomics With Financial Frictions: A Survey.” Advances in Economics and Econometrics, Tenth World Congress of the Econometric Society. New York: Cambridge University Press, 2013. Print.