Dissertation Support

With funding from the Alfred P. Sloan Foundation, the Becker Friedman Institute and the MIT Laboratory for Financial Engineering are leading a collaborative research project to develop enhanced macroeconomic models that better capture the linkages between the financial sector and the economy as a whole.

This initiative is offering financial support for doctoral students in economics or other fields pursuing innovative work on macroeconomic models with financial sector linkages or related topics in this area. To apply, fill in the form below.

Form for Submission 

The application deadline is Tuesday, September 2, 2014.  

Project Details

Program Area: Modeling Financial Sector Linkages to the Macroeconomy
Purpose: This project will lead efforts to construct better, more comprehensive models for assessing systemic risk stemming from activities in the financial sector that can impact the economy as a whole. To encourage new research in this area, we are funding relevant dissertation proposals. Specifically, we seek proposals that examine:
  • Macroeconometric models and methods with financial sector constraints
  • Software and tools that evaluate new macroeconomic models
  • Defining, measuring, and monitoring systemic risk
  • Macroprudential regulation
  • Fiscal challenges from the public sector
  • The role of accounting in financial stability
Program Information: Our objective is to begin developing enhanced macroeconomic models that can be used to help guide and shape effective economic policy and regulation. To do so, this project assembles a working group of macro and financial economists with complementary interests and skills who meet to discuss and critique current and proposed models. It provides research assistance and data sets necessary for developing new models. The group will work toward developing software for solving and evaluating these models, and provide guidance for young scholars.
Awards: Successful proposals will be awarded up to $16,000 to support research activity. The project will fund up to six graduate students annually. Awards may be renewed for one or two years.
Current and Past Awardees: Learn about students who are currently supported by the MFM project by clicking here.

Key Dates: September 2, 2014 (5 p.m. CDT)—Deadline for receipt of applications.
October 2014—Finalists notified.
Contact: Amy Boonstra, Managing Director-Programs and Outreach 
(773) 702-7307