The Federal Reserve Bank of San Francisco invites applicants for the 2024 Thomas J. Sargent Dissertation Fellowship program. The summer fellowship offers doctoral candidates the opportunity to meet with Fed research economists and visiting faculty, make progress on their dissertation research, and receive mentorship from senior economists. SF Fed economists conduct cutting-edge research that contributes to the analysis and direction of monetary policy.

Dissertation fellows attend department seminars, discuss research projects with San Francisco Fed economists, and participate in Bank social activities. The fellowship carries a stipend.

Candidates are sought in the fields of macroeconomics, international trade, financial economics, environmental economics, urban economics, and labor economics. Potential synergies with department economists will be taken into consideration in the selection of fellows.

Fellowship Details

Qualifications and Requirements

Fellowships are open to PhD students from all doctorate-granting colleges and universities.

Applicants must:

  • Have passed their PhD qualifying examination
  • Be at the dissertation-writing stage at a U.S. university
  • Be a U.S. citizen, permanent resident, or a non-resident student visa holder
  • Reside in the San Francisco Bay Area for the duration of the fellowship as scheduled for six weeks during June to September 2024 (six weeks chosen by fellow)

To Apply

Please email application packet to with the following:

  • CV
  • Sample research paper
  • Cover letter
  • Two letters of reference (sent directly from letter writers)


  • March 25, 2024: Applications deadline
  • By mid-April 2024: Application review and selection
  • June–September 2024: 6-week fellowship

The Federal Reserve Bank of San Francisco is an Equal Opportunity Employer. Our people proudly reflect the diversity and ideas of the communities we serve.

I had a great summer at the San Francisco Fed in 2016! I met new people, made new friends, and started new research projects. It’s an amazing place with dozens of economists eager to hear about your research and discuss their own.

Neil White

UT Austin, 2016 Dissertation Fellow

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