National Bureau of Economic Research

Position Title/Short Description

Full Text of JOE Listing:

NBER's Graduate Fellowship Program on Consumer Financial Management, supported by the Institute of Consumer Money Management, is offering two dissertation fellowships for doctoral students in economics and financial economics. Topics may include, but are not limited to, saving and borrowing behavior, asset allocation, credit reporting and its effects, retirement saving, homeownership and home equity accumulation, payday loans, credit card debt, other forms of borrowing, financial challenges facing low- and moderate-income households, links between consumer finance and income and wealth inequality, financial literacy, and the impact of regulatory policy on consumer financial decisions.

The fellowship offers a $37,500 stipend for academic year 2026-2027, $5,000 for research support such as travel expenses, and tuition support of up to $8,000. Fellows will be invited to attend the NBER Summer Institute workshop on Household Finance in July 2026.

To be eligible for fellowship support, an applicant must be enrolled as a full-time PhD student at a US or Canadian university. Fellows will be selected based on the panel’s assessment of their potential to make an important contribution to key questions in consumer and household finance.

Candidates should submit the application materials by January 8, 2026, at 5 pm EST. Any questions to epepe@nber.org.