Economics Phd Internships

The Central Bank of Ireland serves the public interest by safeguarding monetary and financial stability and by working to ensure that the financial system operates in the best interests of consumers and the wider economy.The Central Bank seeks researchers for a duration of up to 11 months under its Economics Internship Programme, though can support a shorter internship where applicable. This role is an internship position aligned with the Bank Executive salary scale. Successful applicants will be placed on the first point of the scale which is currently €39,090 per annum. There are currently 5 internships available across the Irish Economic Analysis Division, Monetary Policy Division, International Finance Division, Macro-Financial Division and the Digital Euro Unit in our Economics and Statistics Directorate, Financial Stability Directorate and the Financial Operations Directorate, respectively. These business areas provide opportunities to conduct high-quality research to support policy discussions and risk assessments within the Central Bank. While efforts are made to align the work of interns with their own research interests and skills, they are expected to work and collaborate on a project of live interest to the Bank.Potential research topics and areas include;International Finance Division: Research to assess the systemic risks emanating from the activities of non-bank entities (such as investment funds, money market funds and hedge funds) and to understand the potential benefits of macroprudential policy to mitigate such risks.Irish Economic Analysis: Research on productivity, investment and trade, household consumption and saving, wages and labour market dynamics and drivers of inflation using a range of micro and macroeconometric tools and datasets, including semi-structural and DSGE models.Digital Euro Unit: Research on the drivers and implications of the rapidly evolving payments landscape, including the role of Central Banks and the private sector, digitalisation and innovation, and user behaviours and preferences.Monetary Policy Division: Research on the measurement and drivers of inflation, monetary policy transmission and effectiveness in response to a range of different shocks and macroeconomic environments.Macro-Financial Division: Research on systemic risks (cyclical and structural) and quantifying downside tail risks to domestic financial stability, measuring the resilience of borrowers (firms and households) and lenders, including through macroprudential stress testing, and measuring the costs, benefits, and transmission of macroprudential policies.The Economics and Statistics, Financial Stability and Financial Operations directorates are collegiate working environments and successful candidates will have available to them a wide range of supports including software, conference attendance, training and supervision from an experienced economist. Candidates will also become familiar with the working environment of the Central Bank. Candidates will be expected to bring one research paper on a topic of interest to the Central Bank to completion during the internship.The ideal candidate will:

• have a minimum of a Master’s degree in economics, finance or a related field and
• ideally either be studying towards or have recently completed a PhD in economics, finance or a related field.
• have excellent data and analytical skills, strong theoretical background allied to strong applied econometrics skills.
• have a proven track record of delivering on research projects.
• be comfortable working in a team environment and have excellent communications skills.

The Central Bank website provides an overview of research across the Economics and Statistics and Financial Stability Directorates (see for example, Economic Letters, Financial Stability Notes and Research Technical Papers).We know it's our people who make the Central Bank special and we are focused on creating a diverse, inclusive, fulfilling and progressive work environment. We encourage applications from candidates with different backgrounds, experiences and perspectives as it strengthens us, as individuals and as an organisation. We are committed to positively supporting candidates with disabilities. If we can make any reasonable accommodations for you in the recruitment process in order to give you the opportunity to perform to your best, please email our Disability Inclusion Partner, Rebecca Daly at Rebecca.daly@centralbank.ie or 01 224 6711. Any information that you provide will be used only for the purposes of providing relevant support and will have no bearing on how your application will be viewed. We have recently implemented a hybrid working model to balance the flexibility working from home provides with the value our office environments bring to support collaboration and connection with colleagues. Our approach to hybrid working enables colleagues to work from home up to 50% of working days, building on an existing broad range of flexible working policies and practices already in place to support our people achieve the right balance.Our policies also provide insight into our organisational culture, work environment and working arrangements. Here are some of the key policies (subject to ongoing review and amendment) which may be of interest as you consider a career with us.The Central Bank pension scheme mirrors the rules of the civil service pension scheme. Therefore if you are in receipt of civil/public service pension, abatement may apply to your current pension. Details of the appropriate pension scheme will be provided upon determination of the appointee’s status.Application Details: Closing Date: 27th February 2026To apply, please complete the application form attached (via the “apply” link). This allows you to tell us why you are the best fit for us.Before starting your application you will be asked to create a profile with us, this will allow you to track and review your application throughout the process. Click "register" to create a profile and complete the application process.Once your application has been successfully submitted you will receive an automatic email from us acknowledging receipt. If you do not receive this auto-acknowledgement, please contact Aobh Kavanagh at .Cuirfear fáilte roimh iarratais i nGaeilgeThe Central Bank of Ireland is an equal opportunities employer.