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The Institute for Quantitative Business and Economics Research (QBER) and the Institute of Economics at Kiel University are seeking to fill two positions for

Research Scientists
(either at doctoral student level with a 2/3 position on German public pay scale E13 or as post doctoral researcher with a full position on German public pay scale E 14)

to contribute to the work within a new research project “Financial Distortions and Macroeconomic Performance: Expectations, Constraints, and Interaction of Agents” funded by the European Commission.

Positions could both be filled at the level experienced post-doctoral researchers, or as junior positions held by PhD candidates. In the first case, the position would be full time (weekly workload of 38,70 hours), in the second case, the position would be the equivalent of two third of a full position (weekly workload of 25,80 hours) to allow simultaneous participation  in the Doctoral Program of the Faculty of Business, Economics and Social Sciences. Doctoral students employed within the project should also pursue their PhD research in the areas defined by the project. Appointments are initially for one year, with the perspective of subsequent prolongation for the complete duration of this project (three years). Starting date for both positions is 1 January 2014.

The intention of this project is to develop new and improve existing approaches to better understand the role of financial markets in the economy and their potentially destabilizing features. The project will be conducted by a consortium including seven international partners of which the Kiel unit will act as coordinator. Particular questions in which research will be conducted at CAU include: nonlinear econometric modeling of financial markets, agent-based modeling, network modeling of the interbank market, and econometric validation of agent-based and traditional macro models. Due to the role of Kiel as consortium coordinator, successful candidates would also have to take over part of the administrative tasks of the dissemination of the results of the project as responsibilities of the advertised positions. Due to the interdisciplinary nature of this project, applications from candidates both with a Diploma/Masters or Ph.D. in economics or an equivalent degree in physics, mathematics, or computer science) are encouraged. Fluency in English is required; knowledge of German would be appreciated, but is not mandatory.

Women with equivalent qualifications, competence and expertise will be given preference. The University therefore strongly encourages women with appropriate qualifications to apply for the position. The University supports the employment of disabled persons. Persons with disabilities will, with appropriate qualifications and aptitudes, be employed preferentially.

Applications, including a cover letter, CV, writing sample, references, and copies of degree certificates, should be sent as one PDF-file to Professor Dr. Thomas Lux, Email: and Professor Dr. Stefan Reitz, Email:

The application deadline is October 30th, 2013.

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