The authors would like to thank Joseph Abadi, Fernando Alvarez (discussant), Juliane Begenau (discussant), Martin Beraja, Gabriel Chodorow-Reich, Francesco D’Acunto (discussant), Marco Del Negro, Keshav Dogra, Yuriy Gorodnichenko, Carl-Ludwig Holtfrerich, Harold James, David Lopez-Salido, David Thesmar, Ivan Werning, Christian Wolf, and seminar participants at NBER Monetary Economics, NBER Corporate Finance, Babson College, Banca d’Italia, Bocconi-BAFFI CAREFIN-CEPR Workshop, Harvard-MIT Financial Economics Workshop, IESE, MIT, SAFE, Toulouse School of Economics, UC Berkeley Haas, UPF, UT Austin, Seminario MAP, 12th Tepper-LAEF conference, and University of Georgia for useful comments. We thank Viktoria Brueck, Edwin Diebold, Natalia Fischl-Lanzoni, Lara Fronert, Liz Hay, Tom Jarosch, Vinnie Le, Lev Luskin, Christian Meyer, and Jenna Wang for outstanding research assistance. We also thank Universitätsbibliothek Mannheim for access to their digitized book library and Stefan Weil for helping navigate the digitized book library. The project has received support from the Deutsche Forschungsgemeinschaft (DFG) under Germany’s Excellence Strategy EXC2126/139083886, Princeton University’s Bendheim Center for Finance, and the MIT Research Support Committee’s Ferry Fund. The opinions expressed in this paper do not necessarily reflect those of the Federal Reserve Bank of New York or the Board of Governors of the Federal Reserve System. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.
Markus K. Brunnermeier
Disclosures
2010-2023/02
As a guiding principle I follow the NBER Research Disclosure Policy: http://www.nber.org/researchdisclosurepolicy.html
https://markus.scholar.princeton.edu/pages/disclosures
Significant Remunerated Activities:
Advisory and Board Positions
Bank of Japan, 2023 - present
Paradigm Capital Partners, Board Member and Advisor
Visiting Positions
Lamfalussy Fellowship, Bank of International Settlement, 2016
Milton Friedman Institute, visiting scholar 2011
Speaking engagements and lectures
FERI, 2022
Paradigm Capital, 2022
Akademie für Politische Bildung, 2022
First Republic Bank, 2022
FLAR, 2021
PerCent, Copenhagen, 2021
Vicctus, Peru, 2021
Korean Capital Market Institute, 2021
Asian Monetary Policy Forum, 2020
Fundacion (Lisbon), 2020
Jeffries, Hong Kong, 2020
Brookings, 2020
Capula Investment Management, 2019
Spinoza Foundation, 2019
Danske Bank, 2018
Ukrainian Financial Forum, 2017
Swiss Economic Forum, 2017
Fudan University, 2017
Danske Capital, 2017
Brookings, 2017
Trento Economic Festival, 2013
Stifterverband der Deutschen Wirtschaft, 2012
Ambrosetti – The European House, 2011
Center for Investor Education, 2011
Wim Duisenberg School of Finance, 2010
Handelsbanken, 2010
Deutsche Bank, 2010
FEBRABAN, Brazil, 2009
Central banks
Reserve Bank of India, Central Bank of Chile, South African Reserve Bank, ECB, ESRB, Bank of England, National Bank of Austria, Swiss National Bank, Bank of Japan, Federal Reserve, New York Fed, Bank of Canada, Bank of Korea
International financial institution
IMF
Academic Organizations
Swiss Finance Institute, Research Council, 2012-
Luohan Academy, Alibaba, 2018-2020
No expert testimony for law suits or paid consulting work for private cooperations to date.
Research Grants:
Sloan Foundation 2011-12
Guggenheim Fellowship, 2010-11
University of Chicago, T.W. Schultz Prize and Lecture, 2010
INQUIRE Europe, Research Grant
Visiting Scholar and Other:
American Economic Review, Journal of Finance, Associated Editorship
Significant Non-Compensated Activities:
American Finance Association: Director, President-Elect
Financial Advisory Roundtable and Monetary Policy Panel, Federal Reserve Bank of New York, 2006 – 2019
INET Advisory Board Member, 2009 – present
