«A place where knowledge is created» - As one of Europe's leading universities of economics and business administration, the University of St.Gallen (HSG), Switzerland, is committed to the education of over 8500 students and is one of the largest employers in the region, providing around 3100 employees with an attractive and innovative environment for research.
The Chair of Prof. Johannes Binswanger at the School of Economics and Political Science (SEPS), University of St. Gallen, is inviting applications for an
Assistant / PhD Position in Economics
starting September 1, 2019, or earlier.

Your main task will be to conduct research that will result in your doctoral thesis. The research is on better understanding the characteristics of an economy in which agents have only a limited understanding of how the economy works ("fundamental uncertainty"). This is a key property of real-world economies but barely incorporated in existing (macro)economic models. The main research questions are: How do agents endogenously form beliefs about an environment of which they do not know the "data-generating process"? What is their resulting behavior and what are the implications for patterns in macroeconomic time series? What does it mean for the predictability of these series? Can this research lead to a better understanding of the origin of economic crises, is it possible to design an early crisis warning system? What are the implications for regulation and central banking? Within this broad agenda, you will find ample scope for your own creativity. The project includes theoretical, empirical and simulation-based analysis. While a basic interest in all three approaches is required, you will have the opportunity to set priorities. You can read more on this research program here.
You will be employed at the Chair of Prof. Johannes Binswanger for a period of 4 to 5 years during which you will pursue a PhD in Economics. You will also participate in the PhD program of our School (www.pef.unisg.ch). Besides research, your duties will include the support of teaching activities in the fields of economics and machine learning. The salary will be internationally competitive and based on the scale for PhD students of the University of St.Gallen.
Successful applicants have (or are about to complete) an excellent master degree in economics, mathematics, statistics, or in a related field. We value strong analytical and quantitative skills, as well as strong intuitive thinking and a passion for tackling big questions.
If you are interested, please send your application by email to Johannes Binswanger (johannes.binswanger@unisg.ch). Please include a motivation letter, a complete CV, and transcripts. In addition, please ask two academic referees to send their reference letters to the same email address. Shortlisted candidates are being invited for an interview.
Application deadline: Please apply as soon as possible, but no later than June 10, 2019
For further information please do not hesitate to contact Johannes Binswanger (johannes.binswanger@unisg.ch).
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