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Wim Duisenberg Fellowship

This programme is named after the first President of the ECB and aimed at senior professionals from academia, central banks and research institutions. Candidates should be internationally recognised experts in their field of research who wish to take a period of leave or a sabbatical from their current place of work.

The aim of the programme is

  • to promote policy-relevant research that meets the highest academic standards;
  • to offer research staff at the ECB the opportunity to gain exposure to, and expertise in, the most recent advances in economic research;
  • to give prominent scholars the opportunity to gain an insight into the policy-making environment of the ECB.

2025 Fellowship

The new call for research proposals is open for applications until 31 May 2024.

About the fellowship

Successful candidates will be offered an assignment for a period of between two and twelve months to conduct economic research within Directorate General Research (DG/R).

While at the ECB, research fellows are expected to complete a research paper of a theoretical or empirical nature for presentation at internal seminars and external conferences, and for publication in the ECB’s Working Paper Series and a leading refereed journal. A proposal for a research project must be presented by candidates as part of the application procedure.

Research fellows conduct their activities at the ECB’s premises in Frankfurt am Main and are encouraged to interact with ECB staff, both in DG/R and in other business areas. They have access to the ECB library and to the computing and statistical facilities necessary to conduct their research. The call for research proposals is published in the first quarter of each year.

The ECB shall offer a contract for a research fellowship to the candidate(s) that the ECB considers likely to provide the most valuable contribution in view of the candidate’s experience, qualifications and competences and in accordance with the principles of non-discrimination and equal treatment. For this purpose, the proposals shall be evaluated based on the following elements: (i) the envisaged research proposal that the candidate is planning to develop; (ii) the extent of the candidate’s experience and expertise relevant to carrying out the assignment, based on their curriculum vitae; (iii) proof of an excellent publication record in the relevant area and supervising and teaching activities at universities. All these elements will be weighted equally in the evaluation.

Past Wim Duisenberg Fellows


  • Marco Pagano, University of Naples Federico II, CSEF and EIEF
  • Michael Weber, Chicago, Booth School of Business


  • Davide Debortoli, Barcelona School of Economics
  • Luca Fornaro, CREI


  • Klaus Adam, University of Oxford and Nuffield College
  • Stefania Albanesi, University of Pittsburgh
  • Laurence Ball, Johns Hopkins University
  • Giancarlo Corsetti, University of Cambridge
  • José-Luis Peydró, Universitat Pompeu Fabra


  • Cars Hommes, Universiteit van Amsterdam
  • Angelo Ranaldo, University of St. Gallen
  • Rafael Repullo, Centre for Monetary and Financial Studies (CEMFI)


  • Cars Hommes, Universiteit van Amsterdam
  • Enrique Mendoza, University of Pennsylvania


  • Roel Beetsma, University of Amsterdam
  • Barbara Rossi, Universitat Pompeu Fabra
  • Lars Svensson, Stockholm School of Economics
  • Kenneth West, University of Wisconsin


  • Francesco Bianchi, Duke University
  • Enrico Perotti, University of Amsterdam
  • Suresh M. Sundaresan, Columbia Business School
  • Xavier Vives, IESE Business School




  • Reint Gropp, European Business School
  • Christian Haefke, Institute for Advanced Studies
  • Alexander Michaelides, University of Cyprus
  • John Muelbauer, Oxford University
  • Tao Zha, Federal Reserve Bank of Atlanta






  • Michael Burda, Humboldt University
  • Bruno Biais, Toulouse University
  • Alex Cukierman, Tel Aviv University
  • Paul de Grauwe, Katholieke Universiteit Leuven
  • Lars Ljungqvist, Stockholm School of Economics


  • Albert Marcet, Universitat Pompeu Fabra
  • Philippe Weil, Université Libre de Bruxelles (ECARES)

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