Stockholm university
Center for Monetary Policy and Financial Stability

About the centre

The center is generously supported by a grant from the Bank of Sweden Tercentenary Foundation of SEK 60 million with the objective of consolidating the PhD program and the research environment within the fields of monetary policy and financial stability. The grant was obtained in an open call, involving a competitive process. The center was then formed in the spring of 2021.

CeMoF is governed by a director and a deputy director, a management team, and a board – please see below for details and contact information.

There are also a number of researchers and PhD students affiliated with the center. Affiliates are expected to participate in CeMoF activities and in general add to the research environment at the center.

 

Contact the Center

Roine Vestman is the center's director and Per Krusell deputy director. Find everybody else here:

Contact

 

Visiting CeMoF Researchers

Jesper Böjeryd

Jesper is a postdoc at Stockholm University, Department of Economics, funded by CeMoF from January to June 2025. Jesper is doing research in applied macroeconomics, using administrative household data, methods from applied microeconomics, and structural modeling to study the role of home prices and credit use in household finance, migration, and the macroeconomy. He has a PhD in Economics from University of California.

Jesper's personal website

My Hedlin

My is a postdoc at the University of Bern, who is spending the academic year of 2024/25 at the Department of Economics. My is a macroeconomist interested in the topics of money, credit and banking. She has a PhD in Economics from European University Institute since 2023. 

My's personal website

Jinglun Yao

Jinglun is a postdoc funded by CeMoF, who is spending the academic year 2024/25 at the IIES. His research interests are macroeconomics, international economics and finance.

Jinglun's personal website

 

How to apply

If you are interested in this specialization, you simply apply to the PhD program in Economics at Stockholm University.

Taking the money-finance track in short means following the regular program, with money-finance elements from year two and on. Students interested in financial stability and financial markets should also apply to the SBS PhD program in finance, which offers the same money-finance track.

Applications to either program do not have to include a statement of interest in this specialization – in fact, it is available to all students admitted – but we welcome it.

PhD program in Economics (ECON)

PhD program in Finance (SBS) 

 

Research background

To those of you who are interested in the background to CeMoF and the new track, let us convey some key ideas.

Research background

Last updated: March 17, 2025

Source: Center for Monetary Policy and Financial Stability (CeMoF)

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