Dr. Andreas Brunhart
Head of Department Economics, Head of Applied Economic Analysis
Telephone +423 320 33 05
PEER-REVIEWED ARTICLES
- Brunhart, A. und Geiger, M. (2025): Sectoral effects of exchange rate shocks: goods exports and the appreciation of the Swiss Franc in 2015. Swiss Journal of Economics and Statistics [Vol 161, No. 5].
- Brunhart, A. (2025): Country Size and Exposure to International Economic Shocks: New Evidence from the Financial Crisis. International Economics and Economic Policy [Vol. 22, Iss. 3].
- Brunhart, A. (2017): Are Microstates Necessarily Led by Their Bigger Neighbors’ Business Cycle? The Case of Liechtenstein and Switzerland. Journal of Business Cycle Research [Vol. 13, Iss. 1]; pp. 29–52.
- Brunhart, A. (2014): Stock Market's Reactions to Revelation of Tax Evasion: An Empirical Assessment. Swiss Journal of Economics and Statistics [Vol. 150, Iss. 3], pp. 161–190.
SELECTION OF RECENT CONTRIBUTIONS
- Brunhart, Andreas (2024): Wirtschaftsstruktur. In: Wilfried Marxer, Thomas Milic und Philippe Rochat (Hg.): Das politische System Liechtensteins. Handbuch für Wissenschaft und Praxis. Baden-Baden: Nomos (Schriftenreihe des Liechtenstein-Instituts, 1), S. 47–78.
- Brunhart, Andreas; Geiger, Martin (2024): Wirtschaftliche Integration Liechtensteins und der Zollanschlussvertrag mit der Schweiz. In: Georges Baur, Christian Frommelt und Fabian Frommelt (Hg.): Die Beziehungen Liechtenstein–Schweiz. Beiträge aus Anlass des 100-Jahr-Jubiläums des Zollanschlussvertrags. Gamprin-Bendern: Verlag der Liechtensteinischen Akademischen Gesellschaft (Liechtenstein Politische Schriften, Bd. 64), S. 317–362.
- Brunhart, Andreas (2024): Constructing a GDP deflator for Liechtenstein. In: Finanzmarktaufsicht Liechtenstein (Hg.): Financial Stability Report 2024, Vaduz 2024, S. 25–27.
- Berend, Lukas; Brunhart, Andreas; Geiger, Martin (2024): Stagnation der liechtensteinischen Güterexporte: Bestandsaufnahme und Ursachensuche. LI Focus 2/2024. Liechtenstein-Institut, Gamprin-Bendern.
- Brunhart, Andreas (2024): Industrieller Strukturwandel: Wachstum der Wertschöpfung trotz Exportstagnation. LI Facts 1/2024. Liechtenstein-Institut, Gamprin-Bendern.
- Brunhart, Andreas; Meier, Julian (2024): Verteilung von Einkommen und Vermögen sowie Umverteilung in Liechtenstein und international. LI Focus 1/2024. Liechtenstein-Institut, Gamprin-Bendern.
SELECTION OF COMMISSIONED STUDIES/REPORTS
- Brunhart, Andreas; Lehmann, Johannes (2025): Economic and financial data on Liechtenstein. Data as of end of June 2025. Government of the Principality of Liechtenstein (ed.). Vaduz: Government of the Principality of Liechtenstein.
- Brunhart, Andreas; Geiger, Martin (2025): 2024: Konjunkturschwäche führt zu negativer realer BIP-Wachstumsrate. BIP-Schätzung 2024 (31.3.2025). Liechtenstein-Institut.
- Brunhart, Andreas; Geiger, Martin; Paetzold, Jörg (2024): Wachstumsmonitor 2024 – Ausgabe 4. Eine mehrdimensionale Wachstumsbetrachtung Liechtensteins mit einem Fokuskapitel zum Thema «Arbeitskräftemangel». Unter Mitwirkung von Meret Majendie.
- Brunhart, Andreas; Geiger, Martin (2023): Stützungsmassnahmen für die Wirtschaft in Liechtenstein während der Corona-Pandemie: Eine abschliessende Evaluation. Studie im Auftrag der liechtensteinischen Regierung.
- Brunhart, Andreas; Geiger, Martin (2020): Stützungsmassnahmen für die Wirtschaft in Liechtenstein und Vergleichsstaaten während der Corona-Krise: Analyse aus volkswirtschaftlicher Perspektive. Studie im Auftrag der liechtensteinischen Regierung. Unter Mitwirkung von Elias Hasler.
- Von Stokar, Thomas; Peter, Martin; Zandonella, Remo; Angst, Vanessa; Brunhart, Andreas; Marxer, Wilfried (2016): Wirtschaftspotenzial und Zuwanderung in Liechtenstein. Schlussbericht. Studie erstellt von infras in Zusammenarbeit mit dem Liechtenstein-Institut im Auftrag der Stiftung Zukunft.li. Zürich.
MEDIA
Siehe Publikationsliste unten / see publication list below
Curriculum Vitae
| Education and Training | |
| 2008–2012 | Writing of dissertation thesis in economics with the title “Economic Growth and Business Cycles in Liechtenstein – Econometric Investigations Considering the Past, Present, and Future” at University of Vienna [degree: “PhD in Economics”] |
| 2006–2011 | Doctoral studies in economics (PhD program including lectures and seminars) at University of Vienna |
| 2000–2005 | Studies in economics (major), business administration and politics (minors) at University of Bern [degree: “lic.rer.pol.”] |
| Career | |
| 2019–2023, 2025– | Head of Department Economics at Liechtenstein Institute |
| since 2023 | Head of Applied Economic Analysis at Liechtenstein Institute |
| since 2012 | Research Fellow Economics at Liechtenstein Institute |
| 2006–2014 | Scientific project collaborator (part-time) at KOFL Liechtenstein Economic Institute |
| 2006 | Project collaborator (full-time) at KOFL Liechtenstein Economic Institute |
| 2005 | Student assistant (full-time) at KOFL Liechtenstein Economic Institute |
| 2000–2004 | Internships at the weekly newspaper Wirtschaft Regional, Liechtenstein’s Office of Eonomic Affairs and the daily newspaper Liechtensteiner Vaterland |
| Other Activities | |
| since 2025 | Member of the ‘Coordination Group on Macroeconomic Statistics (CGMS)’ consisting of the Ministry of General Government Affairs and Finance, the Office of Statistics, the Financial Market Authority and the Liechtenstein Institute |
| since 2019 | Participant in the quarterly ifo World Economic Survey/Economic Expert Survey |
| since 2017 | Reviewer for the academic journals “International Economics and Economic Policy” und “Journal of Business Cycle Research” |
| since 2013 | Member of Liechtenstein's governmental commission of statistics which advises the government and the Office for Statistics on official statistics and consists of representatives from the Office for Statistics, municipalities, associations and experts. |
| 2023–2024 | Member of the “Labor Shortage” working group of the Liechtenstein government |
| 2009–2020 | Lecturer at the University of Liechtenstein in “Economic History” (since 2014), “International Economics” (2017-2019) and “Macroeconomics” and “Introduction to Economics” exercise courses (2009-2014) |
| 2017–2018 | Guest lecturer for “Growth and Business Cycle Analysis” at the Instiute of Technology in Deggendorf/D |
| 2014–2018 | Lecturer for the “Macroeconomics” course at the University of Applied Sciences HTW Chur |
| Other | |
| Languages | German (native language), English (fluent), French (basics) |
