Research Associate (PostDoc) in Financial Economics

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As a University of Excellence, Universität Hamburg is one of the strongest research universities in Germany. As a flagship university in the greater Hamburg region, it nurtures innovative, cooperative contacts to partners within and outside academia. It also provides and promotes sustainable education, knowledge, and knowledge exchange locally, nationally, and internationally.

The faculty of Business, Economics and Social Sciences, Department of Economics invites applications for a 


The position in accordance with Section 28 subsection 2 of the Hamburg higher education act (Hamburgisches Hochschulgesetz, HmbHG) commences on June 1, 2020, or as soon as possible. 

This is a fixed-term contract in accordance with Section 2 of the academic fixed-term labor contract act (Wissenschaftszeitvertragsgesetz, WissZeitVG). The initial fixed term is three years. The contract provides for a maximum extension of up to three years depending on the associate’s achievements during the first stage. Providing that a position is available and that requirements have been fulfilled, the associate may apply for temporary civil servant status in accordance with Section 28 subsection 2 HmbHG. The position is full-time and comprises 39 hours per week (40 for civil servants). This position is also suitable for part-time employment. 


Duties include teaching and research in the respective department or institute. Research associates may also pursue independent research and further academic qualifications as well as acquire teaching experience. These duties are intended to promote academic achievement. Therefore, at least one-third of set working hours will be made available for the associate’s own academic work. 

Specific Duties: 

The research focus of the group is on the interactions of financial markets, monetary policy and the macroeconomy. Important topics are, for example, the modeling of the term structure of interest rates, risk premia in interest rates and asset prices, the effects of monetary policy on financial markets, and the role of the financial system for climate change. The emphasis is on empirical research based on methods of modern financial and time series econometrics. The candidate will be a member in a team with a strong research focus in an international network and is offered intensive support for the (post-doctoral) research project. The position includes a teaching load of 5 hours per week.


A university degree in a relevant subject plus doctorate. Required is a master's degree in Economics or a related field, as well as profound knowledge of macroeconomics and/or financial economics (for example through a doctorate in this field). An excellent command of the English language is expected. 

Qualified disabled candidates or applicants with equivalent status receive preference in the application process. 

For further information, please contact Prof. Michael Bauer, PhD or consult our website at Please include in your application a letter of reference, a description of your research agenda, and a job market paper. 

Applications should include a cover letter, a tabular curriculum vitae, and copies of degree certificate(s). Please send applications by April 1, 2020, in PDF format to: 

Please do not submit original documents as we are not able to return them. Any documents submitted will be destroyed after the application process has concluded. 

More Information

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Von-Melle-Park 5

20146 Hamburg , Germany