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Four Research Fellows, project  "The Memory of Financial Crisis: Financial Actors and Global Risk",  Robert Schuman Centre for Advanced Studies

29-07-2020 11:19

This project explores the extent to which the memory or absence of memory, of previous financial crises can explain practices threatening the stability of the financial system. This will provide a major contribution to the understanding of the causes of financial crises, in particular the Global Financial Crisis, by helping to understand the behaviour of financial agents, marked by recurrent waves of over-confidence and excessive risk-taking, and why regulators fail to maintain financial stability. 
The project addresses four main questions: How are financial crises remembered? Has the memory of financial crises had an impact on the thinking and behaviour of financial actors? Has a ‘new’ financial elite emerged in the late twentieth and early twenty-first century? What has been the legacy of the Global Financial Crisis? 
Using the concept of cultural memory, the project analyses how the most severe financial shocks of the last hundred years (1929- 33, 1982, 1997, and 2007-9) have been remembered. The memory of financial crises will be retraced by exploring five interrelated areas, resulting in: the first comprehensive analysis of senior bankers’ own views on financial crises; the first collective biography of the financial elite in the late 20th and early 21st century; a much clearer picture of the vision of financial crises prevailing in the financial world and its evolution in the second half of the 20th century; a new light on the place of financial crises in the teaching of economics and finance; and new perspectives into the history and memory of financial regulation. 
By focusing on financial actors and combining economic history and cultural history, the project will provide a missing link in our understating of the recurrence of financial crises, thus pushing the boundaries of knowledge, renewing our understanding of financial crises and contributing to the ongoing search for greater financial stability. 

Each Research Fellow will develop his/her research, in cooperation with the director of project, on one of the following themes: 
  -  Prosopography of the Global Financial Elite, 1980-2010 

  -  The Cultural Memory of Financial Crisis, 1930-2020 

  -  Financial Crises and the teaching of economics since 1945 

  -  Memory and the Process of Regulation and Deregulation in 
the late Twentieth Century 
In addition, the four Research Fellows will carry out, together with the project director, a programme of interviews of leading bankers. 
Candidates can apply to more than one theme. 

Place of work: 
European University Institute, Florence, Italy. Part of the research can be undertaken from another location. Research will include some travel to archive funds in Europe and the United States. 

-  PhD in history, economic history or other social sciences (economics, law, politics) 
-  Strong track record 
-  Experience with database and content analysis 
-  Strong communication and organisational skills 

-  Experience of archival research and/or oral history 
-  Previous experience of working with international teams

- English and a second European language (preferably German and/or French). 

How to apply:
Fill in the online application form and upload documents as requested 


Deadline: 18/9/2020 at midnight (Florence time)

More info: Joanna.wielgo[at]



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