Research Economists, PhD Research Programme

Bank of England

The Bank of England is looking for highly trained researchers with the capacity to produce, publish and communicate innovative, world-class research, with a strong desire to influence the Bank’s future policy agenda.

Our research programme is designed to address the fundamental questions confronting central banks in the aftermath of the financial crisis.  We offer a unique experience for researchers interested in these questions because we are one of only a handful of institutions internationally with responsibility for delivering monetary, macroprudential and microprudential policy.

Our PhD Research Programme offers a permanent position, and is designed to enable new and recent PhD graduates to devote significant time to engage in research for the first three years of their Bank career, while also allowing them to contribute to live central bank policy making.  Our research economists enjoy a rich and stimulating environment, have close engagement with policymakers, make a key contribution to policy analysis and should expect to spend at least 50% of their time on research across a wide range of topics in macroeconomics, microeconomics, econometrics, forecasting, finance, banking and regulation that are central to the Bank of England’s research and policy agendas.  We also offer excellent training opportunities to our researchers to help develop their technical skills and deepen their knowledge in their chosen fields of expertise.  To make a reality of cross-disciplinary approaches, the Bank welcomes applications from qualified researchers in a range of disciplines, provided they are relevant to, or have an interest in, central bank policymaking.

Successful candidates will be expected to publish in top-quality journals and collaborate with external and visiting academics. As well as presenting research to policymakers, our economists attend and present at conferences. We have active seminar programmes, host a number of high-profile international conferences and will be expanding this programme over the coming years. As a large central bank, we provide sizable computing resources and have unique, rich and novel datasets. We are also actively engaging with leading research institutions and universities, thus providing our researchers the opportunities to work with leading experts from other institutions.

Candidates must hold (or expect to complete by end-2017) a PhD in economics, finance or other discipline relevant to central banking.

More information about research at the Bank, our offer, and how to apply can be found at:

Salary: £55,000 per annum for the first three years, plus benefits and pension.