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. (more detail) In his research on firm dynamics and entrepreneurship Muendler studies how firms access global destination markets by launching an optimal set of products, how potential exporters hire workers with crucial skills in preparation for foreign-market access, and how new firms enter. Where do new firms come from? One answer is from other firms: employees with special market knowledge and skills spin off to form their own businesses. The founding employee teams and their social capital play a crucial role in this spinoff process and matter significantly for economy-wide outcomes. Whereas Muendler's research into trade and multinationals documents how some firms lose market share and exit, while strong continuing firms gain market shares and workers move to new jobs, this line of research documents how firms and industries successfully engage in globalization. The research line is based on novel linked data that identify firms, their export destination and products, and their individual workers over time. 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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