EconJobMarket®

This position uniquely bridges academic research and policy‑making within a central bank. The successful candidate will have access to confidential, high‑quality granular data, collaborate with a community of over 100 PhD economists, and work from a dedicated desk at the Bank of Canada’s Ottawa headquarters. The role also offers strong visibility for research outputs and opportunities to present at internal seminars and external conferences.

Desired post-doc profile

· Interested in systemic risks, applied econometrics, empirical work, agent-based modelling, financial stability, macroprudential policies, banking, non-bank financial institutions

· Interested in modelling and research opportunities in a central bank who can benefit from access to confidential Canadian granular data in their research

· Willing to develop their experience bringing research to the applied policy world

· Eager to learn about central banks modelling toolkit in systemic risks

What expectations?

· Spend about half of their time on completing their own research

· Spend the other half on guided modelling and applied research with Bank of Canada PhD economists aimed at an academic publication with an applied policy companion paper

· Teach at least one class (36 hours/12 weeks) at uOttawa to be determined given the candidate’s expertise.

Possible applied project at the Bank of Canada, depending on the profile of the candidate

1. Develop the modelling of non-bank financial institutions (e.g. pension funds, insurance sector…) to be integrated into the Bank’s system-wide risk simulation toolkit

Incorporating non‑bank financial institutions into a system‑wide stress‑testing framework, alongside vulnerabilities such as liquidity, firesales, redemption, and counterparty risks across banks, households, pension funds, and insurers, would improve identification of when the Canadian financial system could generate spillovers and inform policies to mitigate those risks. Although pension funds and insurers are typically viewed as financial stabilizers due to their long‑term funding and risk‑pooling roles, they can become sources of amplification depending on their interconnectedness with other financial institutions

2. Expand the scenarios simulation model to improve reverse stress-testing capabilities

Reverse stress testing identifies the shocks, macro‑financial scenarios, and contagion channels that could generate system‑wide stress severe enough to damage the real economy. Unlike traditional stress testing, which evaluates resilience to a given scenario, it focuses on the conditions that would cause failures in the financial system. Machine‑learning methods could help identify the most harmful scenarios for the financial system.

3. Integrate a network contagion modelling into the Bank’s system-wide risk simulation toolkit

Interconnections can propagate risks throughout the financial system. For instance, cross-ownership of mutual funds by banks, lines of credit to non-banks, or households' deposits across institutions are network effects we want to better understand and integrate.

4. Develop a confidence channel for contagion across economic agents and financial markets and integrate it into the Bank’s system-wide risk simulation toolkit

Perceived confidence channels can amplify contagion to the financial system, generating for instance liquidity hoarding mechanisms among various financial market participants.

5. Explore the development of an agent-based model for system-wide stress-testing leveraging AI agentic tools

The next generation of agent-based model may lend itself to the use of agentic AI to simulate contagion behaviors.

What does the financial stability department of the Bank of Canada do?

The financial stability department monitors developments in the Canadian financial system, conducting analysis and research to assess vulnerabilities and risks for the Canadian financial system and to inform macroprudential policies. The department supports the Bank’s crisis management mandate—including provision of liquidity to financial institutions facing stress—and the Bank’s role as resolution authority for domestic designated financial market infrastructures. Research in the department contributes to the deepening of the understanding of financial stability and financial system issues.

The successful candidate would interact with the Modelling and Analysis of Risks team, a departmental hub composed of PhD researchers dedicated to developing and applying modelling innovations that deepen our understanding of financial stability risks, especially systemic risks.

On Jan 23, the recruiter extended the application deadline to July 31, 2026

McMaster University is located on the traditional territories of the Haudenosaunee and Mississauga Nations and within the lands protected by the “Dish With One Spoon” wampum agreement.

Position Description:
The Department of Economics at McMaster University, Hamilton, Ontario invites applications for a full-time position at the rank of Assistant or junior Associate Professor commencing July 1, 2026. Note that individuals who have served more than three years at the Associate level are not eligible. The Department has a particular interest in applied microeconomists working in health, labour or public economics.

The Department of Economics at McMaster is a research-intensive academic unit. The appointee will be expected to conduct an independent research program yielding significant peer-reviewed publications, to attract external peer-reviewed research funding, to teach undergraduate and graduate students, and to supervise doctoral students. As a result of a special contribution to the department, the successful candidate will receive a total of $60,000 in addition to standard start-up research funds.

The successful applicant must demonstrate a compelling vision for continuing McMaster’s longstanding strength in the area of applied microeconomics research and graduate training as well as carrying on and enhancing McMaster University’s Strategic Research mission.

The successful applicant will be expected to help sustain the collegial atmosphere within the Department and to help realize the Department’s and the University’s commitment to the goals of equity, diversity, and inclusivity.

Commitment to Inclusive Excellence: Equity, Diversity and Inclusion Statement The diversity of our workforce is at the core of our innovation and creativity and strengthens our research and teaching excellence. In keeping with its Statement on Building an Inclusive Community with a Shared Purpose, McMaster University strives to embody the values of respect, collaboration and diversity, and has a strong commitment to employment equity. The University seeks qualified candidates who share our commitment to equity and inclusion, who will contribute to the diversification of ideas and perspectives, and especially welcomes applications from First Nations, Métis and Inuit peoples, members of racialized communities (“visible minorities”), persons with disabilities, women, and persons who identify as 2SLGBTQ+.

All qualified candidates are encouraged to apply; however, Canadian citizens and permanent residents will be given priority. To comply with the Government of Canada's reporting requirements, the University is obliged to gather information about applicants' status as either Permanent Residents of Canada or Canadian citizens. All applications must therefore include one of the following statements: “I am a citizen or permanent resident of Canada”; or “I am not a citizen or permanent resident of Canada.” Applicants need not identify their country of origin or other aspects of their current citizenship.

All applicants must complete a brief Diversity Survey, which takes approximately two minutes to complete. All questions are voluntary, with an option to decline to answer. All information collected is confidential and will be used to support efforts to broaden the diversity of the applicant pool and to promote a fair, equitable and inclusive talent acquisition process. The survey will be sent to applicants in a separate communication. Please refer to the Applicant Diversity Survey Statement of Collection for more information. Additional inquiries about the Diversity Survey may be directed to hr.empequity@mcmaster.ca.

How to apply:
Applications should include an application letter, a curriculum vitae, research papers (including a job market paper), a short research summary, evidence of teaching effectiveness (if available), and three confidential letters of reference, guiding referees to comment on your:

• demonstrated scholarly excellence in the area of health, labour or public economics;
• demonstrated ability to teach successfully;
• ability to work in a collaborative environment; and
• contributions to university, professional and/or community service.

Applicants are required to include a statement describing any contributions made or planned in relation to advancing equity, diversity and inclusion or inclusive excellence in teaching, learning, research or service within post-secondary, community-based and other professional settings (2-page maximum). Applications will only be accepted on-line at EconJobMarket, www.econjobmarket.org.

Job applicants requiring accommodation to participate in the hiring process should contact the Office of the Dean of Faculty of Social Sciences at admstsoc@mcmaster.ca to communicate accommodation needs.

The Department will begin reviewing applications on October 1. The position will remain open until it is filled. First-round interviews may begin as early as November 3.

The Faculty of Arts and Social Sciences at Simon Fraser University invites applications for the Farley Distinguished Visiting Scholar in Economic History for the 2027–2028 academic year.

The Farley Distinguished Visiting Scholar is dedicated to the teaching of history, broadly construed, which is understood to include studies of the past, including the recent past, carried out within the departments and programs of the Faculty of Arts and Social Sciences. In 2027–2028, the Farley Distinguished Visiting Scholar will be hosted by the Department of Economics.

We welcome applications from scholars working in economic history and related fields, including political economy, development economics, and cultural evolution. We are particularly interested in candidates whose research combines historical analysis with modern empirical or theoretical tools, and who contribute to interdisciplinary conversations across the social sciences.

The Farley Distinguished Visiting Scholar is appointed as a Visiting Faculty Member for at least two terms in an academic year. SFU operates year-round, with Fall, Winter, and Summer terms. While at SFU, the Farley scholar will have the opportunity to interact extensively with faculty and students, and to stimulate discussion across disciplines. They normally teach one course and contribute to other types of relevant intellectual and mentoring activities for students across the university. Farley Scholars are encouraged and supported to contribute to public engagement activities that may take a variety of forms. The stipend for the Farley Distinguished Visiting Scholar is up to CAD $55,000 (commensurate with the length of the visit) and the Scholar is provided with a CAD $7,500 budget for public engagement activities.To find out more about what past Farley Distinguished Visiting Scholars have done, click here.

Applications should be submitted electronically to farley@sfu.ca and include a current CV and cover letter outlining the following:

(1) a research plan for the duration of the Visiting Scholar position;

(2) a brief description of a proposed course;

(3) a brief account of the proposed public engagement activity, including the topic(s) to be addressed;

(4) the names and contact information of two referees.

Review of applications will begin on May 4, 2026.

To inquire about whether the Farley Distinguished Visiting Scholar in Economic History is a good match for you, please contact Dr. Guillaume Blanc at guillaume_blanc@sfu.ca and/or FASS Associate Dean, Research and International, Dr. Steeve Mongrain at fassadri@sfu.ca

In keeping with University policy, the successful candidate will hold an academic position at another university, or an equivalent position at another appropriate institution.

Those applicants who are not Canadian citizens or permanent residents will require a work permit. SFU’s Faculty Relations team will assist with that process and a modest moving allowance is provided. All qualified candidates are encouraged to apply; however, Canadians and permanent residents will be given priority.

Personal information that forms part of an application is collected under the general authority of the Freedom of Information and Protection of Privacy Act, applicable University Policies, and the SFUFA/SFU Collective Agreement. For further details see the full Collection Notice.

We acknowledge the Squamish (Sḵwx̱wú7mesh Úxwumixw), Musqueam (xʷməθkʷəy̓əm), Tsleil-Waututh (səlilwətaɬ), Katzie (q̓ íc̓əy̓), Kwikwetlem (kʷikʷəƛ̓əm), Qayqayt, Kwantlen, Semiahmoo and Tsawwassen peoples, on whose traditional territories Simon Fraser University's three campuses stand. By recognizing the Unceded Traditional Coast Salish territories, we aspire to create space for reconciliation through dialogue and decolonizing practices.

SFU is an equity employer and strongly encourages applications from all qualified individuals including women, Indigenous Peoples, racialized persons, people of all sexual orientations and gender identities, persons with disabilities and others who may contribute to the further diversification of the university.

To apply, send a message to farley@sfu.ca. (See posting for details.)