Alexandre Lamfalussy Senior Research Fellowship

Each year the Bank for International Settlements invites applications from leading senior professionals in academia and research institutions for the Alexandre Lamfalussy Senior Research Fellowship. This fellowship, awarded annually, aims to:

  • promote policy-relevant research that meets the highest academic standards

  • allow prominent scholars to participate in the policy-oriented research activities at the BIS

  • foster joint research between the fellows and BIS economists

The selected fellow is offered an assignment in the Monetary and Economic Department (MED) for three to nine months to:

  • conduct economic research on issues of relevance to the BIS

  • advise and collaborate with BIS economists in executing and disseminating research

About research at the BIS

The BIS carries out research to shed light on issues of core interest to the central bank community, to support meetings of Governors and other central bank officials, and to provide analytical backing for the activities of the various Basel-based committees. MED contributes to these tasks by conducting research on monetary and financial stability, monetary economics, macroeconomics and finance, financial markets, central bank governance and other institutional issues.

Qualifications and experience

Fellows are selected through a competitive applications process.

While at the BIS, research fellows complete a research project for publication both in the BIS Working Papers series and in a leading journal.

Candidates are expected to be internationally recognised experts in the fields of banking, monetary policy and financial stability with an outstanding publication record and a strong interest in policy-oriented research. While at the BIS, they will have access to the extensive resources and networks conducting their research and in disseminating its findings.

Terms and conditions

Successful candidates are offered a competitive monthly honorarium in keeping with the seniority of the described profile, as well as accommodation, travel costs, health insurance and, where appropriate, conference travel.

Application procedure and deadline

Applications for the 2017 fellowship are now closed. 

Further information about the programme can be obtained by writing to Lamfalussyfellowship@bis.org.

Baron Alexandre Lamfalussy, 1929-2015

Alexandre Lamfalussy

Born in Hungary, and of Belgian citizenship, Alexandre Lamfalussy was General Manager of the BIS between May 1985 and December 1993. He joined the Bank in 1976 as Economic Adviser and Head of the Monetary and Economic Department and became Deputy General Manager in 1981.

Many significant events in the Bank's history occurred under Mr Lamfalussy's leadership, reflecting his desire for the BIS to make a tangible contribution to international monetary and financial stability. These included the signing of the Basel Capital Accord, the establishment of the Group of Payment System Experts (now the Committee on Payments and Market Infrastructures) and the expansion of the BIS international banking statistics, now a major reference source for economists and other researchers.

Learn more about Alexandre Lamfalussy's life and achievements by watching a video made by Magyar Nemzeti Bank, Hungary's central bank