Semmler is internationally known for his work on non-linear dynamics, an approach that derives from the discipline of mathematics, and his modeling of instability, regime changes and economic cycles. Through his research on comparative empirical macroeconomics, in particular on the US and Europe, he is currently exploring the deficiencies in the design of the Euro-area, the Euro crisis, and financial stress on the macroeconomies of Europe.
Semmler is also renown for his research on the economic causes and impacts of global warming. Applying multiple research tools, he asks what damage global warming is wreaking on economic development and the life of future generations, and what the economic impact of adopting various mitigation and adaptation efforts around the globe will be (see his forthcoming handbook, The Macroeconomics of Global Warming, to be published by Oxford University Press). Professor Semmler has received funding from the Walker and Thyssen Foundations to support two conferences on “The Economics of Global Warming” and a public speaker series at The New School on this issue over the next two years.
A member of NSSR’s faculty since 1980, Semmler is author, co-author, or editor of 19 books on topics ranging from Dynamic Macroeconomics: Instability, Fluctuations and Growth in Monetary Economies (MIT, 1997) and Asset Prices, Booms and Recessions: Financial Economics from a Dynamic Perspective (3rd edition, Springer, 2011), to Global Environment, Natural Resources and Economic Growth (Oxford, 2008). According to the international collaborative RePEc (Research Papers in Economics), which maintains a bibliographic database of economics publications, Willi Semmler ranks among the top 5% of Economists globally in terms of the average rank impact of his publications.
The Arnhold Professorship embodies the special relationship between The New School for Social Research and Henry Arnhold, who has been a member of the NSSR Board of Governors since 1984 and a Trustee of The New School since 1985. It also embodies Mr. Arnhold’s deep commitment to international cooperation. A fellow of the American Academy of Arts and Sciences and a member of the Council on Foreign Relations and the American Council on Germany, Mr. Arnhold received an honorary degree—Doctor of Humane Letters—from the New School in 2002. He also received the Grand Cross – Order of Merit of the Federal Republic of Germany.
Professor Semmler, who earned his PhD from the Free University of Berlin in 1976, is the second holder of the Arnhold Professorship, which was established in 1993; Lance Taylor held the appointment as Arnhold Professor at the New School for Social Research until his retirement in June 2012.