The Bank of Russia and the Russian Journal of Money and Finance call for papers for the 2024 Economic Research Competition for Students and PhD Fellows

The working papers and graduate qualification works produced in 2022, 2023, and in 2024 are accepted. When carrying out the research, the author should have possessed a Bachelor’s or Master’s degree, or else been working towards a PhD. Co-written papers are also accepted in case all the co-authors meet the criteria mentioned above.

Submission topics: central bank’s policy; inflation; financial stability; banking; data analysis: methodology and results.

Competition Guidelines

1. Key requirements for the research

• Applied research with either a direct result (forecast, macroeconomic analysis model) or an indirect result (testing of economic hypotheses that are important for central bank policy).
• Meeting academic criteria. The research should include clear objectives, indicate its theoretical or empirical contribution to the existing literature, a description of the mathematic or econometric model used, a description of the data used (in case of empirical research), and the decision quality criteria for the objective set by the author. Applied conclusions are encouraged.

2. The closing date for submission is 19 May 2024.

The winners will be announced in mid-June 2024.

3. All the Competition winners will be invited to participate in

• V Summer Macroeconomic School for Students and PhD Fellows (St Petersburg, 1 July 2024);

• The Joint Research Workshop of the Bank of Russia, NES, and HSE University (St Petersburg, 2 July 2024);

• The Financial Congress of the Bank of Russia (St Petersburg, 3–5 July 2024).

The First Prize Competition winner will be invited to give a paper at the special session of the Joint Bank of Russia, NES, and the HSE University Research Workshop 2 July 2024. 

Travel and accommodation costs for the winner from other regions will be covered by the hosts.

4. The Russian Journal of Money and Finance will consider the winners’ papers for publication on a priority basis.

5. How to apply

Please, submit to journal@mail.cbr.ru the following:

• Full text of a paper in Russian or English, putting ‘Application for 2024 Economic Research Competition for Students and PhD Fellows’ in the subject line.
• Give your full name, educational status, and educational institution.
• A cover letter, the research objective, the contribution made by the authors (the originality of the results when compared against the existing studies).

Papers are accepted in PDF format (file size not more than 5 MB).

6. Competition jury and shortlisting of the papers

A jury of the co-editors of the Russian Journal of Money and Finance and the economists-researchers from the Bank of Russia will rate the papers submitted for the Competition. Before this, the papers are to be anonymised, so the jury doesn’t know the author of a paper under consideration. The winners will be chosen according to the maximum number of points received from the jury by each paper.

Results of the 2023 Economic Research Competition for Students and PhD Fellows.