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PhD Short-term Visiting Student Programme

Danmarks Nationalbank


In 2016, Danmarks Nationalbank established a new, independent research unit. Economists in the research unit support the research efforts of the core departments, provide input to the policy-making process, and are expected to produce high-quality research to be published in refereed journals. The Research Unit runs the Danmarks Nationalbank Ph.D. Programme.

Danmarks Nationalbank invites applications for PhD students wishing to be hosted by the Research Unit and currently conducting their research in one of the areas of interest to the bank within Economics or Finance. The fellowships offer support for 6 to 12 months.

The fellowship includes:

  • An office space for you to focus and work in
  • Research cost for your projects as well as travel costs
  • Stipend equivalent to the stipend offered to students enrolled in a doctoral programme in Economics at a Danish University
  • Danish health insurance
  • Any necessary working equipment

PhD fellows should already be well advanced in their PhD studies, having completed all their coursework, submitted a PhD thesis proposal, and expecting completion of their PhD dissertation within at most 18 months.

Danmarks Nationalbank invites applications for fellowships to support students enrolled or wishing to enrol in a PhD programme in Economics or Finance.

We are especially interested in students planning to work in macro-finance, macrolabor, economic modelling, and exploit the extensive household and firm microdata, credit registry and big datasets available in Denmark.

You will be a part of an international research environment as well as a unique workplace and Danmarks Nationalbank professional and social community. Fellows are strongly encouraged to use the extensive data available at Danmarks Nationalbank for their research, collaborate on research projects Nationalbanken' s economists, present their work to the banks economists.

We offer the opportunity to work within theoretical and empirical macroeconomics, micro data analysis, and financial economics and econometrics.

Since the fellowship requires regular presence in the bank, this programme is predominantly addressed to students enrolled at a university in the Copenhagen area. Students enrolled at more distant universities should specify in their application how they plan to engage in PhD course work and faculty mentoring while also being present at the bank on a regular basis.

Fellows must maintain good standing in their academic programme at all times, and will be assessed for continuing in the visiting programme after 3 to 6 months.

Applications will be reviewed on a rolling basis as they are received at Danmarks Nationalbank. Review of applications will close on 1 March 2019.

To apply, please submit:
  • A detailed CV
  • Official transcript of the PhD courses and Master courses attended
  • Dissertation proposal including a literature review
  • Evidence of excellence in research, including past completed research papers
  • A letter from the director of the PhD programme supporting your application
  • A timeline for your proposed PhD studies
  • Three letters of reference, including one from your main supervisor

If you are a citizen of a country outside the Nordic countries or the EU/EEA you must hold a residence permit in order to reside in Denmark during the Ph.D. pro-gram. Read more here:

For more information about PhD programs in Economics or Finance in the Copenhagen area see:

University of Copenhagen Economics Department:

Copenhagen Business School Economics Department:

Copenhagen Business School Finance Department:

Do you want to learn more?
If you have questions about the position, you are welcome to contact Reserach Economist, Tobias Renkin, tel. +45 3363 6198 or Head of Research, Federico Ravenna, tel. +45 3363 6880. Information considering employment conditions can be obtained from HR Partner Anita Ray, tel. +45 3363 6068 (

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Danmarks Nationalbank




01 marts 2019

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