Project Name: PRIVATE SECTOR FINANCE AND THE SUPPORT OF INFRASTRUCTUREAS A SOURCE OF ECONOMIC GROWTH

The Centre for Dynamic Macroeconomic Analysis (CDMA), based in theSchool of Economics and Finance at the University of St Andrews, hasreceived substantial grant awards to work on topics related to the abovenamed project.

The Centre is offering one PhD studentship to be taken up in Autumn 2006– or as soon as possible thereafter.

The applicant will be either 1) a macroeconomic theorist with aspecialized interest in micro-founded models of economic growth or 2) aneconomic historian with specialized interests in finance and economicgrowth in the British Industrial Revolution. The applicant will beexpected to restrict his or her thesis research to the above namedproject and to contribute substantial research assistance in thecompletion of a historical database of corporate financial structuresfor 18th century and early 19th century Britain.

If the applicant is a macroeconomist he or she will have completedeither a Masters degree in economics or will have at least an Honoursdegree-level education in a technical area such as mathematics orengineering. If the applicant is an economic historian, he or she willhave completed a Masters degree in history, economic history or socialhistory. Offers of a studentship will be conditional on applicants beingadmitted to the University as a PhD student. Awards will be for one yearin the first instance, with continuation for a further year subject tosatisfactory progress in the first year.

CDMA consists at present of six graduate students, affiliated members ofthe School, as well as affiliates from other Universities. More detailscan be seen at: www.st-and.ac.uk/cdma. Information on the School isavailable at http://www.st-andrews.ac.uk/economics/. Details on how toapply for a PhD place can be found athttp://www.st-andrews.ac.uk/services/admissions/pgadmission.shtml.

Candidates should discuss their potential application with ProfessorCharles Nolan, e-mail: Charles.Nolan @ st-andrews.ac.uk, Telephone, 0044 (0) 1334 462425 or Dr Gary Shea, e-mail: gss2 @ st-andrews.ac.uk,Telephone, 00 44 (0) 1334 462441.

You should apply on-line and in addition applications comprising acovering letter, CV and the names and contact details of three academicreferees should also be sent to the Secretary, Centre for DynamicMacroeconomic Analysis, School of Economics and Finance, University ofSt Andrews, St Salvator’s College, St Andrews, Fife KY16 9AL, Scotland,UK. Phone/fax: 01334 462420/44, or e-mail: cdma @ st-and.ac.uk .

Application has to be received by 31. December 2006.