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Aarhus, PhD General Call Economics and Business Economics, Winter 2022 – Denmark

Aarhus University (AU), Denmark

A number of PhD positions are available at the PhD programme in Economics and Business Economics – Aarhus University, Denmark 2022

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General Info

Position: PhD
No. of Positions: 1
Eligibility (Gender):
Eligibile Nationals: All Nationals
Research Field: , ,
Joining Date: ASAP
Contract Period: -

Department of Economics
Aarhus University (AU)
Aarhus V, Denmark

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Qualification Details

We are looking for a candidate with a background in economics. Knowledge about behavioural economics, health economics and applied econometrics is considered an asset, as is experience with quantitative research methods.

Responsibilities/Job Description

According to the lab interest

How to Apply?

Online Application through "Apply Now" Button from this page

Reference Number: -
(If any, use it in the necessary place)

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Documents Required

You can read more about how to apply in the application guide and find the rules and regulations of the PhD education here.The following criteria are decisive in the assessment of the candidates:

  • the applicant’s academic qualifications (assessed on the basis of the qualifying degree)
  • the quality and relevance of the project proposal
  • the applicant’s level of academic aptitude and assessed ability to complete the project within the framework of the PhD programme

You can read more about the assessment procedure and committees appointed by the dean here. Please note that for applications to the programme for Psychology and Behavioural Science, the criteria for assessment are specified here

About the

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About the Project

You may apply with a freestanding project of your own choice or with a project description that relates to one of the specific projects outlined below. The majority of positions available are intended for freestanding projects.Applicants should specify in the application whether they are interested in one of the specific projects outlined below.

Behavioural sources of health inequality

The PhD project is at the intersection of behavioural economics and health economics and will have an advisor from each of these disciplines within economics.The first part of the PhD fellowship is part of a larger project with researchers from behavioural economics, health economics, and disease management to study behavioural sources and mediators of inequality in health outcomes. A first step towards reducing inequality in health outcomes is to understand the sources of the inequality, such that it can be tackled at its roots. This project will collect new data among Danish families with a type 1 diabetic child on individual preferences and behavioural patterns and investigate how these behavioural factors influences how well the families follow health advice and adhere to treatment. The gathered knowledge will later provide input to the design of behavioural interventions aimed at establishing better health habits. The second part of the PhD fellowship is open for topics that fits specific interests of the candidate.

Behavioral Finance and FinTech

The PhD fellow will be part of a project investigating the interaction of households with financial technology by use of experimental and empirical data.In particular, the project deals with the adoption and use of robo-advisors and their role in delegated investments. Topics include algorithm aversion, rule-based investing, active vs. passive investing, sustainable investment, and artificial intelligence, and the prospective PhD student is thought to contribute to one or more of these topics.The project will derive implications for society, retail investors, the financial industry, and regulators. Among the societal benefits associated with the use of algorithms in finance are economies of scale making financial services available at low costs to a broad population, scientifically more sound investing policies, and an easier regulatory supervision. Whether any of this is realized depends on how well algorithms are accepted in various financial functions and how clients react to setbacks. Research outcomes will not only allow for an informed prediction, but also provide insights on the underlying reasons and potential remedies.The successful candidate should have a strong training in finance or economics and be interested in behavioural finance and financial technology. Experience with empirical or experimental research is an asset.

Dynamic Effects of Education on Productivity and Labor Supply

The PhD position is part of a project which contributes to the development of empirical estimates and policy assessments (regneprincipper) of so-called welfare investments, that is, public activities and spending which affect future employment, income, and thus public finances (dynamic expenditure effects). The overarching theme of the project is investment in education. Education is pivotal both from an individual and a societal angle, and one of the areas where public spending is high (Denmark has among the highest public spending on education – as a share of GDP – in the OECD). Specifically, the project focuses on skill mismatch and dynamic effects. Dynamic effects of education likely arise across the entire population. However, there is a need for a special focus on the unskilled or adolescents at risk of not obtaining a qualification. Decades of internationalization and increased competition have reduced the number of low-skilled jobs in most industrialized countries, and automation will likely further reduce the demand for low-skilled workers. In the long-run, wages will adjust in response to skill mismatch. The fiscal sustainability of welfare arrangements depends critically on maintaining a high employment rate. Current projections assume the employment rate to remain high, but do not explicitly address the challenges arising in the labour market due to skill- and task biased changes. Accordingly, it is important to understand how these factors influence employment rates, and thus potentially require educational and labour market policies to sustain high employment rates. Thinking about policy changes or additional focus on educational policies, however, requires further knowledge about the extent and consequences of skill mismatch in the Danish labor market. There are two major themes to consider in a skill mismatch analysis. Firstly, it is necessary to estimate the extent to which different types of human capital can substitute for each other, i.e., the elasticity of substitution. Secondly, it is important to allow for equilibrium responses to skill premia by incorporating general equilibrium effects. The specific projects to be pursued will be decided jointly with the successful candidate.This is part of a joint projected with researchers at VIVE, Copenhagen University and the DREAM modelling group. The team at Aarhus University includes Jonas Maibom, Michael Svarer and Torben M. Andersen.The successful candidate should have strong training in economics and econometric methods, and be interested in applied research.

About the Employer: Aarhus University (AU)

Note or Other details

Applicants are very much encouraged to supply documentation as to how they rank compared to their class (both Bachelor’s and Master’s degrees). This may for example be in the form of a letter from your University stating either how you rank as an individual student compared to other students the year you graduated ("ranks as no. 6 out of 111" or "ranks as among the best 8 percent") or if that is not possible, general information from your University as to how grades were distributed in the year of your graduation, will be appreciated.Please note that Aarhus BSS Graduate School reserves the right to evaluate the applications on the basis of the documentation received before deadline, and you will not necessarily be asked for further documentation. Furthermore, Aarhus BSS Graduate School reserves the right to reject application that do not comply with the limitations as stated in the application guide (see link above).Aarhus University’s ambition is to be an attractive and inspiring workplace for all and to foster a culture in which each individual has opportunities to thrive, achieve and develop. We view equality and diversity as assets, and we welcome all applicants.

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Contact details

For further information about Behavioural sources of health inequality project, please contact Associate Professor Mette Trier Damgaard, email: mdamgaard@econ.au.dk

For further information about Behavioral Finance and FinTech project, please contact Associate Professor Christoph Merkle, email: cmerkle@econ.au.dk

For further information about Dynamic Effects of Education on Productivity and Labor Supply project, please contact Professor Torben M. Andersen, email: tandersen@econ.au.dk

Advertisement Details: PhD General Call Aarhus BSS Winter 2022

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