Marc-Andreas Muendler
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Marc-Andreas Muendler
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Marc-Andreas Muendler, Ph.D., is an Associate Professor of Economics at the University of California, San Diego, and a Research Associate at the National Bureau of Economic Research in Cambridge, Massachusetts. His fields of interest include international and development economics, entrepreneurship, and information economics. Muendler has published in leading economic journals including the American Economic Review, the Journal of Economic Theory and the Review of Economics and Statistics. He has worked as a consultant to the World Bank and private businesses, and as a consulting researcher for the Brazilian labor ministry, the Brazilian census bureau, the German central bank and the Federal Reserve Bank of New York. He received his Ph.D. in Economics from the University of California, Berkeley in 2002 and was a Peter B. Kenen Research Fellow at Princeton University in 2008-09. Muendler conducts research into local impacts of global markets.
In the area of international trade Marc Muendler investigates how globalization affects local industries and labor markets. (more detail) For industrialized countries, Muendler studies the formation and operation of multinational enterprises and their impact on labor markets in Germany and Sweden. Muendler discerns between the formation stage of the multinational enterprise, when it builds up its network of foreign affiliates, and the operation stage when the enterprise runs established affiliates; this novel approach documents that each stage is responsible for roughly half of a substantial shift of jobs, especially to low-income locations. But, compared to domestic firms with no foreign affiliates, multinational enterprises retain more domestic workers under the same global competition; this indicates that to prevent enterprises from expanding their foreign presence could mean even more domestic job losses to globalization. In his research on firm dynamics and entrepreneurship Muendler studies how firms and industries successfully engage in globalization. (more detail) In the area of information economics Muendler analyzes the reasons for investors to acquire information and how private information and public transparency affect financial markets. A frequently proposed remedy to financial crises is transparency. Muendler's research shows under which conditions financial transparency is beneficial. There is, in fact, a natural transparency limit at which rational investors would pay to inhibit information disclosure because the asset-price surge, associated with more transparency, erodes subsequent expected returns. Muendler joined UC San Diego in January 2003. Muendler taught as a lecturer at Ludwig Maximilian University of Munich in 2002 and was a visiting Assistant Professor at Princeton University in 2008/09. Beyond his research, Muendler has an interest in international coffee trade. He lives in San Diego, California with his wife and two sons. |
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Last modified: April 10, 2012. © February 1999 and January 2003. All rights reserved. |
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