The Bank of Canada promotes the economic and financial welfare of Canada through its activities in four main areas: monetary policy, currency, financial system stability and funds management. The Bank’s Fellowship Program fosters excellence in research in Canada and develops partnerships with external experts in areas important to the Bank’s mandate.
Research areas that support these responsibilities are diverse and the breadth of expertise crucial to our understanding of the post-crisis world extends beyond the traditional central banking fields of macroeconomics and finance. Apart from macroeconomics, monetary economics, international finance, financial markets and institutions, examples of relevant research areas include: micro and labour economics expertise to better understand the impact of business cycles on income distribution and inequality and the proper policy response; trade, growth and development economics, as well as country-specific expertise, to contribute to our understanding of the global adjustment to the growing importance of emerging market economies; and behavioural disciplines to further refine our understanding of expectations formation, asset pricing, and economic decision-making.
There are two awards available through the Fellowship Program:
- The Fellowship Award is intended to recognize accomplished researchers who have the potential to continue to make significant contributions to fields of study that are of interest to the Bank.
- Fellowship recipients must meet the following requirements:
- be Canadian citizens, permanent residents of
- Canada or be otherwise legally permitted to work in Canada
- conduct and support research in Canada
- have obtained a PhD
- be employed by a Canadian university in a tenure or tenure-track position during the term of the Fellowship Award
Fellowship Award Description
- The Fellowship Award is term of up to five years, and is subject to an annual review and confirmation process by the Bank of Canada.
- The award comprises:
- a research grant of $50,000 per year
a research expense allowance of up to $40,000 per year for related research expenses and for research assistants
- A Canadian university may nominate a Fellowship Award recipient for a second term.
Nominations for the 2017 Award
- A Canadian university may nominate any candidate who meets the qualifications, including individuals who already hold an academic position at the university or who would agree to accept such a position upon receipt of a Fellowship Award.
- Individuals interested in becoming potential Fellowship recipients should contact
the appropriate university department.
- Nomination documents must be received at the Bank of Canada by
Monday 14 November 2016.
Candidates nominated by a university for the
- Fellowship Award will be considered by a Nominating Committee that will make recommendations to the Bank’s Governing Council. The Governing Council will
make the final decision.
- The Fellowship Award will be announced in March or early April of 2017.
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