Lamfalussy Research Fellowship
The European Central Bank (ECB) is seeking applications from promising young researchers for up to five Lamfalussy Fellowships in 2018. The Lamfalussy Fellowship programme was launched in 2003 and aims to promote high-quality research on the structure, integration and performance of the European financial system. The programme is named after the late Baron Alexandre Lamfalussy, the first President of the European Monetary Institute. Each fellowship is endowed with an honorarium of €10,000. The selection committee will be composed of JeanEdouard Colliard (HEC Paris), Victoria Ivashina (Harvard Business School), Simone Manganelli (ECB), Rafael Repullo (Centro de Estudios Monetarios y Financieros) and Jean-David Sigaux (ECB).
Research projects Successful candidates will be required to write a research paper during 2018 in one of the following research areas:
(i) the implications of non-standard monetary policy for financial stability;
(ii) micro- and macroprudential regulation and their impacts on the monetary policy transmission mechanism;
(iii) monetary and macroprudential policy: optimal design, coordination failures and spillovers;
(iv) the implications of endogenous risk-taking for financial stability and monetary policy. Lamfalussy Fellows are expected to present their papers at relevant ECB conferences and ultimately to publish them in leading peer-reviewed journals.
Candidate profile Applicants should be no older than 36 years of age by the deadline for submission of the application. Researchers at assistant professor level and PhD students whose research is at a very advanced stage are particularly encouraged to apply. None of the authors involved in the paper can be in an employment relationship with the ECB.
Applications should be submitted in English and include a cover letter, curriculum vitae, two letters of recommendation and a two-page research proposal falling within one of the topics mentioned above. They should also contain a statement indicating the candidate’s current sources of funding and date of birth. Applications should be sent by email to email@example.com no later than 31 January 2018. To further enhance diversity, the ECB particularly encourages applications from female candidates. The selection committee aims to award up to five fellowships by April 2018.
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