Careers
XIX. Call for the Junior Fund, 2026
Proposal for a research project
Faculty/institute/unit of CU: CERGE
Research project title: Strategic Interactions in Monetary and Financial Systems: Currency Competition, Financial Stability, and Decentralized Consensus
Project description: This research project studies strategic interactions in monetary and financial systems, with a focus on how decentralized agents—firms, banks, and network participants—shape policy outcomes, financial stability, and coordination. It develops dynamic, game-theoretic frameworks to analyze (i) competition between central banks and private currency issuers, highlighting time-consistency, inflationary pressures, and regulatory trade-offs; (ii) the interaction of bank resolution regimes and deposit insurance, showing how these policies can induce endogenous fragility and undermine financial stability; and (iii) consensus formation in blockchain systems, where heterogeneous incentives limit the effectiveness of standard protocols and create fundamental constraints on information aggregation. Across these domains, the project identifies mechanisms through which policy design and institutional constraints can restore discipline, commitment, and stability.
What do we offer? Center for Economic Research and Graduate Education offers a comprehensive and supportive environment for international researchers at the beginning of their careers. It is ranked among the top 5% of research institutions worldwide by SSRN and RePEc Researchers have the opportunity to consult on their work with internationally recognized faculty who hold PhDs from leading global universities and are actively engaged in both academic research and policy-making.
Profile of an ideal candidate: CERGE UK seeks a postdoctoral candidate with research focus on macroeconomics, monetary economics, and financial economics, particularly on strategic interactions in monetary and financial systems in the presence of private currency competition and employing innovative methodological approaches. Applicants should demonstrate the capacity to pursue research at the frontier of current knowledge, as well as the ability to achieve a strong publication record in leading scholarly journals.
Position available from: October 1, 2026
Workplace location: Center for Economic Research and Graduate Education
Supervisor(s): Prof. Ing. Michal Kejak, CSc., M.A., E-mail:
Application deadline: May 4, 2026
Applicants must submit required documents to:
Link to application requirements: https://cuni.cz/UKEN-178.html#18
CERGE-EI is an equal opportunity employer that values diversity and is committed to the principles of equal treatment.
By sending your CV, you grant CERGE-EI consent to process the provided personal data exclusively for the purposes of the given selection process, in accordance with Regulation (EU) 2016/679 (GDPR).
Your CV and all personal data obtained during this selection process will be shredded/deleted immediately after its conclusion if no employment relationship is established.
