Past deadline but interesting definition of behavioral macroeconomics
To encourage research on behavioral macroeconomics, the NBER, with the generous support of the Alfred P. Sloan Foundation, is sponsoring two dissertation fellowships for doctoral students in behavioral macroeconomics. Each fellowship will be awarded for a one-year period, with renewal for a second year conditional upon satisfactory research progress. Fellowships will be awarded based on the recommendations of a selection panel consisting of Andrew Caplin (New York University), Yuriy Gorodnichenko (University of California – Berkeley; chair), Ulrike Malmendier (University of California – Berkeley), Andrei Shleifer (Harvard University), and Michael Woodford (Columbia University). The panel will assess each applicant’s potential to make an important contribution to key questions in behavioral macroeconomics. The panel will also strive to recruit a diverse group of award recipients, including to the extent possible individuals from under-represented minority groups and from a variety of academic institutions.
Fellowship recipients are expected to pursue academic research that is primarily related to: i) aggregate implications of limited capacity of household, firms, and policymakers to collect and process information; ii) decision making when agents have potentially mis-specified models or incomplete information sets; iii) formation of expectations; iv) optimal policy design (fiscal policy, monetary policy, communication policy, etc.); and v) interaction of economic agents with different levels of knowledge or sophistication. Other topics emphasizing aggregate implications of behavioral economics are accepted too. Students working in a range of fields including experimental economics, finance, international trade, public economics, and innovation economics are encouraged to apply.
Two fellowships will be awarded for the academic year 2020-2021. Each fellowship will provide a stipend of $36,000, will include $5,000 per year to support the costs of data acquisition and travel to research meetings, and will cover the fellow’s tuition at his or her home institution, up to a limit of $13,000 for the academic year. Fellows may choose to reduce their stipend to fund a larger data purchase or other research support. Awards will be announced by the end of January, 2020. Each fellowship will be renewable for the 2021-2022 academic year, subject to satisfactory progress as judged by the selection committee. Fellows will be expected to attend and participate in the NBER Summer Institute workshop on Behavioral Macroeconomics, which is held in Cambridge, MA in July. Fellows will be expected, to the extent possible, to make data collected for their research publicly available.
To be eligible for fellowship support, an applicant must be enrolled as a full-time Ph.D. student at a U.S. or Canadian college or university, must have advanced to dissertation candidacy status by the start of the fellowship period, and must not expect to complete the dissertation in 2021. NBER strongly encourages applications from women, minorities, people with disabilities, and veterans.
Applicants should upload a short research proposal consisting of no more than three pages of text and one supplemental page of tables or graphs, and a c.v., to
https://www.aeaweb.org/joe/listing.php?JOE_ID=2019-02_111463968.
The proposal should specify deliverables, such as expected research papers that will be finished at the end of the fellowship year. In addition, applicants should ask their dissertation supervisor to upload a letter of recommendation to the same website. All components of the application must be received by 11:59 pm (EST) on Monday, December 9, 2019. Applicants are responsible for verifying that their letter of recommendation has been sent by the deadline. In fairness to all applicants, the submission deadline is strictly enforced. Applications that are not complete, including the letter of recommendation, on December 9 will not be considered for support.
By May 1, 2021, fellows must provide the selection committee with a copy of at least one research paper on behavioral macroeconomics that was completed during the fellowship period.
To encourage research on behavioral macroeconomics, the NBER, with the generous support of the Alfred P. Sloan Foundation, is sponsoring two dissertation fellowships for doctoral students in behavioral macroeconomics. Each fellowship will be awarded for a one-year period, with renewal for a second year conditional upon satisfactory research progress. Fellowships will be awarded based on the recommendations of a selection panel consisting of Andrew Caplin (New York University), Yuriy Gorodnichenko (University of California – Berkeley; chair), Ulrike Malmendier (University of California – Berkeley), Andrei Shleifer (Harvard University), and Michael Woodford (Columbia University). The panel will assess each applicant’s potential to make an important contribution to key questions in behavioral macroeconomics. The panel will also strive to recruit a diverse group of award recipients, including to the extent possible individuals from under-represented minority groups and from a variety of academic institutions.
Fellowship recipients are expected to pursue academic research that is primarily related to: i) aggregate implications of limited capacity of household, firms, and policymakers to collect and process information; ii) decision making when agents have potentially mis-specified models or incomplete information sets; iii) formation of expectations; iv) optimal policy design (fiscal policy, monetary policy, communication policy, etc.); and v) interaction of economic agents with different levels of knowledge or sophistication. Other topics emphasizing aggregate implications of behavioral economics are accepted too. Students working in a range of fields including experimental economics, finance, international trade, public economics, and innovation economics are encouraged to apply.
Two fellowships will be awarded for the academic year 2020-2021. Each fellowship will provide a stipend of $36,000, will include $5,000 per year to support the costs of data acquisition and travel to research meetings, and will cover the fellow’s tuition at his or her home institution, up to a limit of $13,000 for the academic year. Fellows may choose to reduce their stipend to fund a larger data purchase or other research support. Awards will be announced by the end of January, 2020. Each fellowship will be renewable for the 2021-2022 academic year, subject to satisfactory progress as judged by the selection committee. Fellows will be expected to attend and participate in the NBER Summer Institute workshop on Behavioral Macroeconomics, which is held in Cambridge, MA in July. Fellows will be expected, to the extent possible, to make data collected for their research publicly available.
To be eligible for fellowship support, an applicant must be enrolled as a full-time Ph.D. student at a U.S. or Canadian college or university, must have advanced to dissertation candidacy status by the start of the fellowship period, and must not expect to complete the dissertation in 2021. NBER strongly encourages applications from women, minorities, people with disabilities, and veterans.
Applicants should upload a short research proposal consisting of no more than three pages of text and one supplemental page of tables or graphs, and a c.v., to
https://www.aeaweb.org/joe/listing.php?JOE_ID=2019-02_111463968.
The proposal should specify deliverables, such as expected research papers that will be finished at the end of the fellowship year. In addition, applicants should ask their dissertation supervisor to upload a letter of recommendation to the same website. All components of the application must be received by 11:59 pm (EST) on Monday, December 9, 2019. Applicants are responsible for verifying that their letter of recommendation has been sent by the deadline. In fairness to all applicants, the submission deadline is strictly enforced. Applications that are not complete, including the letter of recommendation, on December 9 will not be considered for support.
By May 1, 2021, fellows must provide the selection committee with a copy of at least one research paper on behavioral macroeconomics that was completed during the fellowship period.