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University of Oxford – Department of Economics

179461: Predoctoral Fellow

EJM - Econ Job Market

Project Title: Heterogeneous Agents in Heterogeneous Countries

Principal Investigator: Professor Federica Romei

Contract Type: Fixed-term, from 1 September 2025 to 30 August 2026 (some flexibility around those dates), with the possibility to extend

About the Project

This interdisciplinary research project examines key macroeconomic developments over the past three decades—including rising inequality, increased capital mobility, and the persistent decline in real interest rates—through the lens of cross-country and within-country heterogeneity. The project seeks to provide both empirical evidence and theoretical insight into the interconnected dynamics of these phenomena.

Key areas of investigation include:

• The empirical relationship between household heterogeneity and international capital flows
• The development of theoretical frameworks incorporating heterogeneous agents and limited financial commitment
• The structural causes behind declining global interest rates
• Explanations for persistent international economic puzzles, including the limited degree of global risk-sharing

Responsibilities:

• To work collaboratively with the principal investigator and other members of the research team including other researchers and research assistants
• Collaborate in the preparation of research publications
• To contribute to the development and management of research projects as part of the overall research agenda in the ERC grant.
• Act as a source of information and advice to other members of the group on research methodologies and results

Candidates are encouraged to send their applications by the 31st of May 2025.

Please submit a full online application via the following link: EJM

Contact: personnel@economics.ox.ac.uk.

View the further particulars here: JD