Pursue cutting-edge economic research with real policy impact.
The National Bank of Belgium (NBB) invites applications for its prestigious Research Fellowship Programme 2025, offering up to €100,000 per year to support advanced economic research that informs policymaking in Belgium and the European Union.
This highly competitive program is designed for leading researchers and academics aiming to address critical economic issues through rigorous empirical or theoretical analysis. Fellows will collaborate with the NBB’s Economics and Research Department to contribute to high-impact policy discussions and scholarly work.
The programme supports 6- to 12-month fellowships (which may be spread over 2–3 years) for independent economic and financial research closely aligned with the NBB’s strategic priorities. Selected fellows will work on-site at the NBB headquarters in Brussels, engage with in-house economists, and have access to exclusive microeconomic data, IT infrastructure, and support.
Their research outcomes will be disseminated through the NBB Working Paper Series and internationally recognized academic journals.
Applicants must propose projects within one or more of the following strategic domains:
Agent Heterogeneity
Micro-level shocks and macroeconomic outcomes
Distributional impacts and production networks
Role of productivity and expectations at the micro level
Climate Change Economics
Pathways to climate neutrality
Effects of carbon pricing, green innovation, and regulation
Intersections with monetary and fiscal policies
Digitalisation and AI
Influence of AI and automation on firms and markets
Labour market shifts and upskilling dynamics
Governance and digital policy frameworks in the EU
International Risks
Economic fallout from geopolitical tensions and trade fragmentation
Resource dependencies and energy security
Reforms in the global monetary system
Macroeconomic Policy
Transmission mechanisms for monetary and fiscal policy
Policy coordination in monetary unions
Crisis response, expectations, and policy design
Research Grant: Up to €100,000 per year
Duration: 6 or 12 months (can be spread over 2–3 years)
Location: NBB headquarters, Brussels
Covered Expenses:
Travel and accommodation in Brussels
Attendance at academic conferences and events
Full access to NBB research infrastructure and data
Note: The fellowship grant cannot be combined with other NBB employment or funding.
This opportunity is open to researchers of all nationalities who meet the following criteria:
Proven expertise in economics or finance
Strong academic track record, including peer-reviewed publications
Demonstrated experience in teaching or academic supervision
A compelling research proposal aligned with the NBB’s focus areas
Commitment to contributing to both academic knowledge and public policy
Fellows are expected to:
Collaborate with NBB researchers on joint projects
Produce at least one publishable working paper
Present research findings in internal and external seminars
Organize an academic event at the NBB (e.g., workshop or lecture)
Facilitate knowledge exchange with Belgian academic institutions
Applications will be assessed based on:
Quality and relevance of the research proposal
Academic qualifications and publication record
Researcher’s experience and expertise
The selection process is guided by principles of equal opportunity and non-discrimination.
Interested candidates should submit their application and direct any questions to:
The NBB Research Fellowship Programme 2025 is an exceptional opportunity for accomplished economists to engage in meaningful, policy-relevant research while benefiting from generous funding, institutional support, and academic collaboration.
Take your research to the next level—apply now and help shape the future of economic policy in Belgium and Europe.