University of Iceland PhD in Economics 2026 Fully Funded Position
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Fully funded PhD position in Economics at the University of Iceland – labor economics, welfare economics, and subjective well-being research
Complete guide to eligibility, research focus, supervision, and application process
Quick Highlights
| Parameter | Details |
|---|---|
| Host University | University of Iceland |
| Location | Reykjavík, Iceland |
| Position | PhD Student in Economics |
| Duration | 2 Years (Full-time) |
| Funding | University of Iceland Research Fund |
| Research Focus | Labor Economics, Welfare Economics, Subjective Well-being |
| Eligibility | Master's in Economics or related field |
| Application Deadline | 4 August 2026 (23:59 UTC) |
| Official Website |
Opportunity Overview
| Field | Details |
|---|---|
| Host Organisation | University of Iceland |
| Opportunity Category | PhD Position |
| Location | Reykjavík, Iceland |
| Application Mode | Online |
| Official Language | English |
About the University
Founded in 1911, the University of Iceland is the country’s largest higher education institution and a leading center for research and innovation. The university offers nearly 400 programs and serves approximately 14,000 students, including more than 2,000 international students, with over 1,000 staff members.
About the Position
The PhD Student in Economics will join the Department of Economics and the Consortium on Compensating Income Variation (ConCIV) research team. The research examines the economic value of education and retirement through the Compensating Income Variation (CIV) approach.
Research Focus:
| Area | Details |
|---|---|
| Labor Economics | Education and retirement effects |
| Welfare Economics | Subjective well-being analysis |
| Data | Australian HILDA Survey (longitudinal) |
| Methods | Natural experiments (compulsory schooling laws, retirement age) |
Key Responsibilities
| Responsibility | Details |
|---|---|
| Collaborative Research | Participate with supervisor and research team |
| Data Analysis | Analyze quantitative data from HILDA dataset |
| Independent Research | Conduct academic research in labor and welfare economics |
| Publications | Publish in internationally recognized peer-reviewed journals |
| Dissertation | Prepare a dissertation of at least 3 publishable research papers |
| Conferences | Present at national and international conferences |
| Science Communication | Engage in public outreach activities |
Eligibility Requirements
| Criterion | Details |
|---|---|
| Degree | Master’s in Economics or closely related discipline |
| Completion | Master’s degree must be completed before position begins |
| Research Skills | Strong knowledge of quantitative methods and statistical analysis |
| Language | Excellent English proficiency |
| Attributes | Ability to work independently, strong organizational and communication skills |
Required Documents
| Document | Details |
|---|---|
| Cover Letter | Approximately 2 pages explaining interest and potential contributions |
| CV | 1-2 pages detailing education, work experience, research skills, publications |
| Certificates | Certified copies of bachelor’s and master’s degrees and transcripts |
| Thesis/Publications | Copy of Master’s thesis or relevant research publications (if available) |
| References | Contact details for 2 academic or professional referees |
Important Dates
| Event | Date |
|---|---|
| Application Deadline | 4 August 2026 (23:59 UTC) |
Important Links
| Description | Official URL |
|---|---|
| Apply Online | |
| Official Website |
Why You Should Apply
Fully Funded: 2-year funded PhD position.
International Collaboration: Work with leading researchers on ConCIV project.
High-Impact Research: Contribute to labor and welfare economics.
Publication Opportunities: Publish in peer-reviewed journals.
Beautiful Location: Study in Reykjavík, Iceland.
Career Opportunities After Completion
| Area | Opportunities |
|---|---|
| Academia | Research and teaching positions |
| Research Institutes | Economic research roles |
| International Organizations | Policy and research positions |
| Government | Economic policy and advisory roles |
Tips to Increase Selection Chances
Highlight quantitative research skills and experience.
Demonstrate strong interest in labor and welfare economics.
Submit a clear and compelling cover letter.
Ensure all documents are certified and complete.
Apply well before the deadline.
Common Mistakes to Avoid
| Mistake | Why to Avoid |
|---|---|
| Late Submission | Applications after 4 August 2026 will not be accepted |
| Incomplete Application | Ensure all required documents are submitted |
| Missing Master's Completion | Degree must be completed before starting |
| Generic Cover Letter | Tailor your cover letter to the specific position |
| Unclear Research Interest | Explain your interest in labor and welfare economics |
Frequently Asked Questions (FAQs)
| Question | Answer |
|---|---|
| Q1. What is the position? | PhD Student in Economics at the University of Iceland. |
| Q2. What is the duration? | 2 years (full-time). |
| Q3. What is the research focus? | Labor economics, welfare economics, and subjective well-being. |
| Q4. What qualifications are required? | Master's in Economics or related field. |
| Q5. What documents are required? | Cover letter, CV, certificates, thesis/publications, references. |
| Q6. What is the deadline? | 4 August 2026 (23:59 UTC). |
| Q7. Is this a funded position? | Yes, funded by the University of Iceland Research Fund. |
| Q8. How can I apply? | Apply online through the EURAXESS portal. |
CareerFlora Expert Insight
The University of Iceland PhD in Economics offers a unique opportunity to conduct high-impact research on labor and welfare economics. With full funding and international collaboration, this position is ideal for aspiring economists seeking advanced research training.
Best Opportunity For
| Category | Suitable |
|---|---|
| Economics Graduates | Yes |
| Quantitative Researchers | Yes |
| Master's Holders | Yes |
| Labor Economics Enthusiasts | Yes |
| International Students | Yes |
Competition Level
| Category | Level |
|---|---|
| Overall Competition | High |
| Selection Difficulty | Difficult |
| Application Complexity | Medium |
CareerFlora Recommendation
| Recommendation Area | Details |
|---|---|
| Funding Value | Good |
| Career Growth | Very High |
| Application Difficulty | Medium |
| Apply Early | Strongly Recommended |
Final Call-to-Action
Apply for University of Iceland PhD in Economics 2026 before 4 August 2026.
Visit the official EURAXESS application portal.
Prepare your documents.
Submit your application.
Follow CareerFlora for the latest updates.