Proportion of central bank economists with PhD rises

Central banks split on funding economic staff with PhD aspirations

The proportion of central bank economists with a doctor of philosophy (PhD) increased year on year, the Economics Benchmarks 2023 finds.

Data from 32 respondents shows that the share of PhD holders in a central bank economics department averages 22.8%. The figure also reflects a small increase over the average of 21.3% computed in a previous benchmark. The percentage of PhD holders in participating economics departments ranges from 0–100% this year.

Nearly all central banks (97%) sponsor

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