The Department of Economics of the Central European University (CEU) invites applications for the position of Postdoctoral Researcher for the duration of two years.
We are looking for an outstanding postdoctoral researcher to join our project on “Forecasting with Feedback.” In this project, we will combine applied economic theory, macroeconomic modeling, and econometric techniques to study the properties of forecasts that are subject to feedback. The case in point is inflation forecasts produced by a central bank, which play a dual role. They are meant to provide an accurate prediction of realized inflation over some horizon but, at the same time, they also serve as an input for setting monetary policy. Feedback occurs because monetary policy affects future inflation --- the outcome that the forecast is meant to predict. Our existing work on this problem is summarized by this research paper. In future research we plan to i) extend this model in various directions so that it can be taken to the data in a more disciplined and realistic way; ii) relate the implications of the model to the literature on monetary policy regime changes in the U.S.; iii) collect data from various other central banks around the world to test the observable implications of the model more generally.
The position will be based at the Department of Economics at Central European University for the duration of two years. The position will start August 1, 2026. The Principal Investigator for this project is Robert Lieli. The work is joint with Augusto Nieto Barthaburu (Universidad Nacional de Tucuman) while Katrin Rabitsch (Vienna University of Economics and Business) provides advice on macroeconomic modeling.
Qualifications
• PhD in economics or a related field, or close to completion.
• Expertise and research background in either forecasting, macroeconomics (monetary policy and inflation), or macroeconometrics.
• Evidence of the capacity to prepare excellent publications.
• Commitment to high quality research.
• Ability to work independently as well as collaboratively.
• Effective written and verbal communication and time management skills.
• Fluency in English.
What to expect
• You will conduct innovative and high-quality research on forecasting processes subject to feedback, particularly inflation forecasting in central banks.
• You will have a central role in all aspects of the research process, from model building, data collection and analysis to the drafting and publishing of academic papers.
• You will be part of a department that regularly delivers high-impact research published in top international academic journals.
• You will have time available to advancing your own research agenda.
• You are encouraged to contribute to the overall activities of the Department and attend seminars.
• You will be encouraged to gain experience in the supervision of research assistants and students.
• The position is based in Vienna and requires regular presence at the department.
Compensation
We offer a competitive yearly gross salary of about 68,000 EUR/year.
How to apply
Applications should include a cover letter, two letters of reference, a curriculum vitae, and a published or unpublished research paper. Applications should be submitted through the econjobmarket.org website.
Review of applications will start immediately and continue until the position is filled.
For further information about this position, please contact Judit Lafferthon (lafferthonj@ceu.edu).
CEU is strongly committed to the promotion of gender equality and equal opportunities
within our institution. Previous training, work experience and/or engagement with
matters of equality, diversity and inclusion at the organizational level will be an asset.
Central European University does not discriminate on the basis of—including, but not
limited to—race, color, national and ethnic origin, religion, gender and sexual
orientation in administering its educational policies, admissions policies, employment,
scholarship and loan programs, and athletic and other school-administered programs.
About CEU
One of the world’s most international universities, a unique founding mission positions
Central European University as both an acclaimed center for the study of economic,
historical, social and political challenges, and a source of support for building open and
democratic societies that respect human rights and human dignity. CEU is accredited in
the United States and Austria, and offers English-language bachelor's, master's and
doctoral programs in the social sciences, the humanities, law, environmental sciences,
management and public policy. CEU enrolls more than 1,400 students from over 100
countries, with faculty from over 50 countries.
In 2019, CEU relocated from Hungary to Austria as the Hungarian government revoked
its ability to issue US-accredited degrees in the country. As a result, CEU offers all of its
degree programs in Vienna, Austria; and retains a non-degree, research and civic
engagement presence in Budapest, Hungary, through its CEU Democracy Institute, the
Institute for Advanced Study, the CEU Summer University and The Vera and Donald
Blinken Open Society Archives (OSA), and its Hungarian language public educational
programs and public lectures.
For more information, please visit: Central European University
- Cover letter
- Curriculum vitae
- Job market paper
- Letters of reference: 2