The European Systemic Risk Board (ESRB) is an EU body tasked with preventing and mitigating systemic risks to financial stability. It is chaired by the President of the European Central Bank, Mario Draghi, and its members include central banks and microprudential supervisors from across the EU. Its Advisory Scientific Committee (ASC) brings together 15 academics and practitioners appointed for their financial expertise.
Prize for research on systemic risk
The ESRB’s ASC awards an annual prize to recognise outstanding research conducted by young academics on a topic related to the ESRB’s mission. The prize was established in memory of Ieke van den Burg, who was a member of the inaugural ASC from 2011 to 2014 and a member of the European Parliament from 1999 to 2009. Ms van den Burg firmly believed that finance should serve society, and this prize is administered in that spirit.
The prize is intended to support young researchers in their early career development. You must be 35 or younger on 31 December 2018 to be eligible for the prize. Both single-authored and co-authored papers may be submitted for consideration, but all authors of a submitted paper must comply with the age requirement. We will give preference to work that has not been published by the end of the application period.
To foster gender empowerment, we may consider submissions from female applicants who are older than 35, who have children and who took a leave of absence and/or career break to look after their children until they were six years old. In such cases the age limit will be extended by one year per child. We may also consider submissions from male applicants under the same conditions, with the age limit being extended by the length of the leave of absence/career break taken, up to a maximum of one year per child. If you fall into one of these categories, please provide, together with your application, proof of the child’s date of birth and relationship with the parent (and in the case of male applicants, evidence of periods of absence directly linked to childcare). The final decision will be taken by the ESRB Secretariat on the basis of the documentation received.
Applicants must submit a completed paper on a topic related to the ESRB’s mission of preventing and mitigating systemic risks to financial stability. In particular, applications are invited from authors of papers covering at least one of the following topics:
- the role of macroprudential policy;
- regulatory issues in banking and finance;
- financial instability and the performance of the real economy;
- origins of financial crises and identification of systemic risk;
- consumer protection in financial markets.
The ASC will award the prize to the author(s) of the paper it believes represents the most outstanding contribution to a topic of interest and relevance to the ESRB. The winner(s) will be expected to present their research at the ESRB’s annual conference.
The prize amounts to €5,000, and is intended to support the research activities of the recipient(s). This total cash award is the same for single and co-authored papers. If more than one winning paper is selected, the total cash award will be distributed equally between the authors of the papers.
Applications should be submitted by email to ESRB-ASC_Prize@ecb.europa.eu. Your application should contain the following attachments in pdf format: a completed paper and a scanned copy of a passport or identity card for each of the paper’s authors. All personal data will be processed in accordance with Regulation (EU) 2018/1725.
The deadline for applications is 31 March 2019, midnight CET.
 Regulation (EU) 2018/1725 of the European Parliament and of the Council of 23 October 2018 on the protection of natural persons with regard to the processing of personal data by the Union institutions, bodies, offices and agencies and on the free movement of such data, and repealing Regulation (EC) No 45/2001 and Decision No 1247/2002/EC (OJ L 295, 21.11.2018, p. 39).
 Personal data will be used exclusively to select a paper to be awarded the prize, and will be deleted after a decision has been taken and the period for contesting this decision has expired. The ESRB is the controller for the processing of personal data related to this selection procedure, and the Head of the ESRB Secretariat is the function in charge of the processing. Only a limited number of ESRB staff will have access to the personal data on a need-to-know basis. Candidates have the right to access, correct or delete (under certain conditions) their personal data and restrict the processing of their personal data, by contacting ESRB-ASC_Prize@ecb.europa.eu. For questions related to data protection, candidates can contact the ECB Data Protection Officer at firstname.lastname@example.org. They also are entitled to have recourse at any time to the European Data Protection Supervisor.
Prizes & contests, other funding
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