The Thomas J. Sargent Dissertation 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 spend six weeks on site during the summer, attending department seminars, discussing research projects with San Francisco Fed economists, and participating in Bank social activities. The fellowship carries a stipend.

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

The 2026 application period is now closed. Our application process generally opens in late winter/early spring. Fellowships are in person and last six weeks between June and August.

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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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