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Markus Brunnermeier Profile
Markus Brunnermeier

@MarkusEconomist

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Professor @PrincetonEcon , Director of @PrincetonBCF , Research on Macro, Money, and Finance, Author "The Resilient Society" and "A Crash Course on Crises"

Joined June 2014
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@MarkusEconomist
Markus Brunnermeier
2 years
PhD class "Modern Macro, Money and International Finance: A Heterogeneous Agents Continuous Time Approach" teaches step-by-step solution methods ... LINK to Syllabus Class starts tomorrow!
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@MarkusEconomist
Markus Brunnermeier
1 year
Just received my new book "A Crash Courses on Crises" with @R2Rsquared from @PrincetonUPress A perfect teaching companion for "Intermediate Macro" or "Money and Banking" course.
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@MarkusEconomist
Markus Brunnermeier
1 year
GPT User's Guide for Economists: There has been a lot of interest in Kevin Bryan's talk on using #GPT4 and LLMs for economic research, so we compiled a User's Guide with all of his best practices and guidance. #econtwitter You can find it here
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@MarkusEconomist
Markus Brunnermeier
2 months
R.I.P. Papa You coined me in so many ways. Thank You for everything. 1935-07-08 to 2024-04-15.
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@MarkusEconomist
Markus Brunnermeier
8 months
Selfie in front of Keynes’ home in London after giving a seminar at ⁦ @UCLEconomics ⁩ on Safe Assets
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@MarkusEconomist
Markus Brunnermeier
9 months
Princeton Initiative 2023: Macro, Money and Finance. With many great PhD students from everywhere. Program:
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@MarkusEconomist
Markus Brunnermeier
5 years
A Crash Course on Financial Crises -- new paper for undergraduate teaching in macro & finance -- 7 theory concept + 7 Euro crisis applications with @R2Rsquared Paper + 7 sets of PowerPoint slides + data: Example 1: Amplification, Multiplicity
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Markus Brunnermeier
1 year
#DeepLearning and Macro-Finance Part 1: Introduction to Neural Networks
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@MarkusEconomist
Markus Brunnermeier
3 years
📺Special Webinar "Will Biden Stimulus lead to Inflation? A conversation between @LHSummers and @paulkrugman " 📅 Friday, 12:30 pm (ET) ✍️ register on for zoom participation (overflow on YouTube)
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@MarkusEconomist
Markus Brunnermeier
2 years
"Implications of Sanctions on the Russian Economy" Webinar with Sergei Guriev @sguriev Thursday: 12:30pm (ET), 18:30 (European time) #Ukraine #Sanctions #UkraineRussia #Econtwitter Register:
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@MarkusEconomist
Markus Brunnermeier
1 year
R.I.P. Charles Jones 7/6/1966-12/15/2022 Neighbor in Princeton and one of the leaders in market microstructure research (in finance).
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@MarkusEconomist
Markus Brunnermeier
1 year
06/06/2023: Our new book "A Crash Course on Crises" (with @R2Rsquared ) is now finally available. See e.g.
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@MarkusEconomist
Markus Brunnermeier
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My PhD adviser Margaret showed me all the hidden treasures of Cambridge University history, starting the place where Issac Newton measured the speed of sound.
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@MarkusEconomist
Markus Brunnermeier
4 years
My father's 85th birthday in the local newspaper
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@MarkusEconomist
Markus Brunnermeier
7 months
webinar "ARGENTINA at the Crossroads: Perils of DOLLARIZATION" with @IvanWerning 📅TOMORROW/Tuesday 12:30 pm (ET), 14:30 (Argentine time), 18:30 (European Time) ✍️ register 👇
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Markus Brunnermeier
1 year
R.I.P. Harry Markowitz - inventor of modern portfolio theory (now part of any finance course) Masters of Finance Interview by American Finance Association @JofFinance Nice NYTimes Article:
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@MarkusEconomist
Markus Brunnermeier
15 days
Selfie with ⁦ @R2Rsquared ⁩ in Tokyo
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@MarkusEconomist
Markus Brunnermeier
2 years
Princeton Initiative: Macro, Money, and Finance. ⁦ @AtifRMian ⁩ teaching “Macrofinance and Inequality”
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Markus Brunnermeier
3 years
My FT OpEd on digital currencies: Four key questions legislators, people, and not only central banks must answer about #CBDC via @financialtimes
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@MarkusEconomist
Markus Brunnermeier
4 years
US and Euro area firms are funded so differently. Europe is much more bank dependent. This has large implication on central bank/fiscal policy programs. Chart via Torsten Slok.
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Markus Brunnermeier
5 months
AFA Presidential Address 2024 "MACROFINANCE and RESILIENCE" now on YouTube ICYMI
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Markus Brunnermeier
2 years
#Inflation Debate 2 between @LHSummers and Paul Krugman webinar on 📅Friday, 12:30pm (ET) ✍️Register:
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Markus Brunnermeier
1 year
Ph.D. students in economics, finance, and related fields looking for an intensive online course teaching advanced continuous time tools, the online (flipped classroom) macro-finance course Find all the details on applying and outcomes at . #PrincetonU
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@MarkusEconomist
Markus Brunnermeier
1 year
Working hours per worker: US vs. Germany (from Torsten Slok)
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@MarkusEconomist
Markus Brunnermeier
4 years
R.I.P. Emmanuel. You made the world a better place ... and tickled so many minds with your brilliancy. Will miss you.
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@MarkusEconomist
Markus Brunnermeier
2 years
Snow in Princeton this morning. -13 C
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@MarkusEconomist
Markus Brunnermeier
3 years
Free *Summer School* for PhD students organized by "Modern Macro, Money, and International Finance" in June 2021: 3 Mondays * 3 hours Submit your CV
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Markus Brunnermeier
3 years
#GameStop stock price rise and volatility: #shortsqueeze is a special form of Predatory Trading (see my paper @JofFinance with Lasse Pedersen) Historical short squeezes
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Markus Brunnermeier
9 months
Princeton Initiative: Macro, Money, and Finance. All slides are now updated on the website
@MarkusEconomist
Markus Brunnermeier
9 months
Sebastian Merkel teaching how to include NK price stickiness in a safe asset model at the Princeton Initiative.
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Markus Brunnermeier
5 years
Online Ph.D. Course starts tomorrow: "Macro, Money and International Finance" (cts. time methods) with students from @HarvardEcon , @Yale , @Berkeleyecon , @UCLA , @imperialcollege , @UZH_en , Brown, ..., Princeton. Syllabus: Website:
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Markus Brunnermeier
1 year
Part 2: #DeepLearning and Macro-Finance 2: Deep Learning Principles, High-Dimensional Optimization Techniques in Machine Learning
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Markus Brunnermeier
13 days
Selfie with Tom Sargent at the Bank of Korea conference in Seoul ⁦ @BOK_newsletter ⁩ after my presentation “the international monetary system and safe assets”
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Markus Brunnermeier
10 months
Excited to see my new book with ⁦ @R2Rsquared ⁩ in Princeton’s bookstore (next to the “The Resilient Society”)
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Markus Brunnermeier
8 months
Webinar with @DeatonAngus and @LHSummers Discussion "Is the Economic Failure and EconomicS failure?" 📅TUESDAY 11:30 am (ET), 17:30 (European Time) ✍️
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Markus Brunnermeier
1 month
Picture taken before my Keynes Lecture ⁦ @Cambridge_Uni ⁩ “The International Monetary System and Safe Assets” Slides and video follow. Quiz question: which college was this picture taken?
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Markus Brunnermeier
3 years
FT Best books of 2021: Economics Very happy to be among other great books @martinwolf
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@MarkusEconomist
Markus Brunnermeier
4 years
Thanks a lot for all your trust.
@PrincetonBCF
Princeton Bendheim Center for Finance
4 years
Congratulations to Princeton BCF Director @MarkusEconomist on being named Vice President of the American Finance Association:
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Markus Brunnermeier
2 years
Congratulations to @benbernanke , Doug Diamond, and Phil Dybvig for winning the @NobelPrize in Economics 2022. Ben founded @PrincetonBCF , recruiting me to @PrincetonEcon and impacted my thinking .. and so did Doug and Phil.
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@NobelPrize
The Nobel Prize
2 years
BREAKING NEWS: The Royal Swedish Academy of Sciences has decided to award the 2022 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Ben S. Bernanke, Douglas W. Diamond and Philip H. Dybvig “for research on banks and financial crises.” #NobelPrize
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Markus Brunnermeier
3 years
Princeton Initiative 2021: 3 days of Macro, Money and International Finance for PhD students (at or after 2nd year). taught by, Yuliy Sannikov, Chris Sims, @AtifRMian , Harold James, Moto Yogo, Moritz Lenel, Jonathan Payne, ...
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Markus Brunnermeier
6 months
Goutham Gopalakrishna: "Deep Learning and Macrofinance" via @YouTube
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Markus Brunnermeier
7 months
I am grateful to the @LEStiftung for granting me the Ludwig Erhard Prize. Special thanks to @theresiatheurl for "laudatio". The theme of my "acceptance speech" (Dankesrede in German) is "Resilience for All", a play on Ludwig Erhard's "Wealth for All", see
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Markus Brunnermeier
1 year
Last week at #MarkusAcademy we had @StanfordGSB Prof. Chad Jones @ChadJonesEcon to discuss his new paper on A.I.: “The A.I. Dilemma: Growth versus Existential Risk.” A thread with the highlights 👇👇1/5
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@MarkusEconomist
Markus Brunnermeier
4 years
Comparing coronavirus with earlier epidemics/pandemics (source: @economics_ma )
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Markus Brunnermeier
1 month
Thanks to all the economists for the interesting conversations at the ⁦ @bankofengland ⁩ today.
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@MarkusEconomist
Markus Brunnermeier
10 months
@KansasCityFed ⁩ monetary policy meeting. Innovation, safe asset, gov debt, globalization. Selfie with Arvind Krishnamurthy
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@MarkusEconomist
Markus Brunnermeier
3 years
Webinar with Olivier @ojblanchard1 "Rethinking Fiscal and Monetary Policy post Covid" 📅WEDNESDAY, 12:30 pm (ET), (18:30 European time) ✍️Register: #EconTwitter
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@MarkusEconomist
Markus Brunnermeier
9 months
Sebastian Merkel teaching how to include NK price stickiness in a safe asset model at the Princeton Initiative.
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@MarkusEconomist
Markus Brunnermeier
9 months
Princeton Initiative 2023: Macro, Money and Finance. With many great PhD students from everywhere. Program:
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Markus Brunnermeier
1 year
300 years birthday of Adam Smith. His grave in Edinburgh (photo with John Moore) [several years ago]
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@MarkusEconomist
Markus Brunnermeier
4 years
🇩🇪Germany: No more insolvency/bankruptcy in until end of Sept. 2020
@bmj_bund
Bundesministerium der Justiz
4 years
"Bis zum 30.09.2020 setzen wir die Insolvenzantragspflicht für betroffene Unternehmen aus. Mit diesem Schritt tragen wir dazu bei, die Folgen des Ausbruchs für die Realwirtschaft abzufedern", sagt BM Christine Lambrecht. #COVID19de #Coronavirus
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Markus Brunnermeier
4 years
Article on Ramsey - one of my heroes. His thoughts did not only leave a deep mark in economics but also in philosophy and math.
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@MarkusEconomist
Markus Brunnermeier
7 years
Bank of England WP by @paul_schmelzing on interest rates since 1314. Declining trend in real rate since 1314.
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@MarkusEconomist
Markus Brunnermeier
1 year
I wish everyone a Happy Holidays and peace in the world.
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@MarkusEconomist
Markus Brunnermeier
3 years
Emi Nakamura on "Is the Phillips Curve Getting Flatter?" via @YouTube (joint work with @JADHazell @juanherreno @JonSteinsson )
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@MarkusEconomist
Markus Brunnermeier
4 years
Economics of #coronavirus The hoarding of crucial goods (like face masks) is like a bank run, potentially good for you, but bad for the group. Crucial difference? Bankrun: Central banks can easily produce liquidity Hoarding: Gov. can’t produce face masks as easily as liquidity
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Markus Brunnermeier
7 months
ICYMI @IvanWerning webinar " #Argentina at the CrossRoads: The Perils of #Dollarization " YouTube video
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Markus Brunnermeier
3 months
R.I.P. Danny Kahneman
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@MarkusEconomist
Markus Brunnermeier
2 years
I am very grateful to the University of Regensburg, my alma mater, for granting me a honorary doctor degree, Dr. honoris causa. Thanks for a wonderful event on 20. July 2022. (Photos to follow.) Brunnermeier mit Ehrendoktorwürde geehrt via @mz_de
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Markus Brunnermeier
1 year
R.I.P. Bob Lucas. I won't forget our exchange on the "Lucas Roundtable".
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Markus Brunnermeier
1 year
Part 3: #DeepLearning and Macro-Finance 3: Application to Solve Macro-Finance Models with Aggregate Shocks
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Markus Brunnermeier
5 years
Princeton Initiative: Macro, Money, and Finance @AtifRMian presentation on "Empirical Macro-Finance" slides:
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Markus Brunnermeier
1 year
At #MarkusAcademy we had @MITEcon Daron Acemoglu @DAcemogluMIT to discuss his new book with Simon Johnson @baselinescene : “Power and Progress: Our Thousand-Year Struggle Over Technology and Prosperity.” A thread with the highlights 👇👇1/6
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Markus Brunnermeier
1 year
I am honored to become Honorary Advisers of the @Bank_of_Japan_e IMES
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Markus Brunnermeier
3 years
Webinar with Emi Nakamura ( @berkeleyecon ) on "Is the Phillips Curve Getting Flatter". 📅Thursday, April 22nd, 12:30 (ET), 18:30 (European Time) ✍️Register:
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Markus Brunnermeier
1 year
New AFA Journal "Journal of Finance: Insights and Perspectives" accepts new short papers from Sept 23 onwards. In-or-out decisions, no R&R, Great editorial team: @rkoijen , Paola Sapienza, @stroebel_econ More innovations to come ...
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Markus Brunnermeier
5 days
Enjoyed to participate at the Pontifical Academy of Social Sciences in Vatican gardens. Talked about the debt challenges of Global South and international financial architecture distortions due asymmetric supply of #SafeAssets . It was my great honor to meet Pope Francis.
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Markus Brunnermeier
3 years
CONGRATS to Bernanke (hired me @princetonecon ), Gertler (research friend), Kiyotaki (neighbor) and Moore (co-advisor @lseecon ) for wining @BBVAResearch Frontier Award in Macro-finance
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@MarkusEconomist
Markus Brunnermeier
5 years
Fascinating chart. Could also be that interest rate was too low before the hike allowing for risk buildup. See “Asset Price Bubbles and Systemic Risk” with S Rother and @Isabel_Schnabel link:
@Schuldensuehner
Holger Zschaepitz
5 years
Just to put things into historic perspective: Most #Fed hiking cycles end in a financial crisis.
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@MarkusEconomist
Markus Brunnermeier
4 years
@PrincetonBCF webinar with Dani Rodrik @rodrikdani on the "Future of #Globalization after #COVID__19 " @HarvardCID @Kennedy_School . #EconTwitter 📅Monday, May 4, 12:30PM ET (18:30 European Time) ✍️ Pre-registration is required:
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@MarkusEconomist
Markus Brunnermeier
3 years
📺Webinar with @IvanWerning on "Taming a Minsky Cycle" (joint with Emmanuel Farhi) 📅Thursday: 12:30 pm (ET) ✍️Register:
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@MarkusEconomist
Markus Brunnermeier
4 years
Webinar with @paulkrugman ( @NYTimes @CUNY ) on "The Audacity of Slope" on Friday 📅 May 15th, 12:30 p.m. (ET), (18:30 European Time) ✍️ Pre-register:
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@MarkusEconomist
Markus Brunnermeier
15 days
Look what book my coauthor ⁦ @R2Rsquared ⁩ found in Tokyo after the BoJ conference
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@MarkusEconomist
Markus Brunnermeier
2 years
Raj Chetty on "Social Capital and Economic Mobility" via @YouTube
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Markus Brunnermeier
2 years
@HannoLustig ⁩ gives ⁦keynote on „Exorbitant Privilege of Gained and Lost” ⁦ @CESifoNetwork ⁩ conference: Macro, Money, and International Finance in Munich today ⁦ @ifo_Institut
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@MarkusEconomist
Markus Brunnermeier
2 years
Bird in Princeton on thin ice.
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Markus Brunnermeier
1 year
Webinars organized in playlists on - inflation - Fintech, Crypto - Russia sanctions - ...
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Markus Brunnermeier
11 months
"The Reversal Interest Rate": Excited to see it published the AER ( @AEAjournals ). Interest rate cut reduces banks' Net Interest Margins (franchise value) + leads to short-lived capital gains. Current interest rise show the same, just in opposite direction. #SVB crisis @YannKoby
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Markus Brunnermeier
4 years
🇩🇪German Government offers UNLIMITED federal backstop for companies @OlafScholz calls it #Bazooka with @peteraltmaier "A protective shield for employees and companies" (see English document: ) @BMF_Bund @BMWi_Econ #CoronaVirus #Covid_19 #econtwitter
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Markus Brunnermeier
6 years
US-China Rivalry = UK-Imperial Germany Rivalry New article with @RushDoshi and Harold James LINK Analogies 1. Belt & Road Initiative #BRI = Berlin-Baghdad-Railroad @BeltandRoadDesk @Belt_and_Road @BeltNRoad 2 ...
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Markus Brunnermeier
8 months
ICYMI ... Now on YouTube
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Markus Brunnermeier
3 years
#JacksonHole Economic Policy Symposium 2021: I am looking forward to my panel discussion chaired by @drlisadcook I will make my SLIDES available right after my presentation. via @KansasCityFed
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Markus Brunnermeier
2 years
Interview of @arodnyansky our/my former PhD student at @PrincetonBCF and adviser to Ukrainian president on German TV @DasErste #Ukraine
@maischberger
Maischberger
2 years
„Wir sehen momentan, dass wir den Krieg gewinnen“, sagt Selenskyj-Berater @ARodnyansky . Die #Ukraine benötige dafür weitere militärische Unterstützung. #Maischberger #Russland @DasErste
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Markus Brunnermeier
4 years
🦠 #CoronaCrisis crisis & European Economy: (1/6) What's good for 🇩🇪Germany, should be good for 🇪🇺Europe German initiative of (a) Kurzarbeit (gov. covers part of wage bill) [transfers to firms/workers] and (b) Liquidity bazooka = low-interest credit for debt re-payment
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@MarkusEconomist
Markus Brunnermeier
2 years
Upcoming webinars on #inflation Alan Blinder (today at 12:30 (ET)), @R2Rsquared , Savov & Drechsler, ... register:
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Markus Brunnermeier
4 months
"The Ukrainian War Economy" Watch now @YGorodnichenko on on YouTube
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Markus Brunnermeier
2 years
Princeton Initiative 2022: Macro, Money, and Finance. Yuliy Sannikov presenting
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Markus Brunnermeier
2 years
#Inflation Debate 2 between @paulkrugman and @LHSummers webinar on - open to all - 📅Friday, 12:30pm (ET) ✍️Register:
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Markus Brunnermeier
3 years
📺Webinar with @RobinBrooksIIF "Emerging Markets: Taper Tantrum Redux?" 📅Thursday 12:30 (ET), 18:30 (European time) ✍️Register and ask questions
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Markus Brunnermeier
7 months
I am extremely proud of my PhD student @ZiangLi_ . He will surely make a mark on the economics and finance profession. His job market paper makes a great start.
@ZiangLi_
Ziang Li
7 months
I’m on the job market! Here is a thread on my job market paper, which looks at how long-term interest rates (e.g., 10-year Treasury yields) affect the corporate bond market.
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Markus Brunnermeier
6 months
R.I.P. Philippe. I will treasure the memories.
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@MarkusEconomist
Markus Brunnermeier
2 years
Ricardo Reis @R2Rsquared on "Inflation Risks" via @YouTube
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