The procedure is as follows
The departments of economics at the University of Copenhagen, Aarhus University, Aalborg University, the University of Southern Denmark and Copenhagen Business School will each nominate up to three of the best bachelor papers written within the academic year in question for the award.
The university/business school must send the nominated papers to Danmarks Nationalbank by 15 August. A committee at Danmarks Nationalbank will assess the papers and select a winner.
The Award for Best Bachelor Paper and the kr. 10,000 will be presented at Danmarks Nationalbank’s Careers Evening in October. On this occasion, the award winner will also present his or her paper. All nominees will be invited to attend Careers Evening.
Nominatable topics
Bachelor papers on the following topics can be nominated:
- Monetary and exchange rate policies and stabilisation policies
- Macroeconomics, monetary economics and credit
- Financial stability and macroprudential policies
- Financial institutions and financial markets
The winners of Danmarks Nationalbank’s Bachelor Award 2024
Ellen Højlund and Asger Dalsjö, University of Copenhagen, received the Bachelor Award for their paper 'Analyzing the Heterogeneous Effects of ECB Monetary Policy Shocks in the Eurozone'.
Ellen and Asger have written a paper which is both highly relevant to our understanding of the development in the Danish economy and which has a very high professional level. The assessment committee says that Asger and Ellen's paper is characterized by a both theoretical and empirical analysis at a high level. Furthermore, the committee says:
- that the problem stems from the very latest specialist literature and,
- that the authors give a well-structured and well-reasoned answer with a high degree of independence.
Danmarks Nationalbank’s Bachelor Award 2024 was presented by Governor Signe Krogstrup.
Congratulations on the award!
Previous winners of the Bachelor Award
2023:
Thomas Kjelgaard Jensen, University of Copenhagen, for his paper 'Negative Interest Rates, Behavioral Effects and Housing Price Dynamics'.
2022:
Amalie Busk-Jepsen og Christoffer Skafte-Larsen, University of Copenhagen, for their paper ’Temperaturens effekt på økonomisk vækst – Estimation af en global ikke-lineær sammenhæng mellem årlig gennemsnitstemperatur og BNP-vækst’.
2021:
Magnus Eldrup, University of Copenhagen, for his paper ‘Optimal Income Taxation and How Cardinal Utility Can Reassert it as a Scientific Discipline’.
2020:
Mads Rude Wind and Rune Thyge Johansen, University of Copenhagen, for their paper ‘Negative Rates and a Bank Lending Channel in Reverse? Theory and Evidence from Denmark’.
2019:
Mathilde Ellegaard Bechmann and Mads Berner Bruun, University of Copenhagen, for their paper ‘Are stars falling? How aging population causes a decline in the equilibrium real interest rate, r*: A case study of Denmark’.
2018:
Emil Bach Mikkelsen, Aarhus University, for his paper ‘Systemic Risk in the US Stock Market: Copula-Based Estimation of CoVar and CoES’.
2017:
Kasper Emil Skyum Madsen and Mikkel Bess, University of Copenhagen, for their paper ‘Effekterne af et kontantløst samfund: Et studie af rentens nedre nulgrænse’.
2016:
Frederik Bjørn Christensen and Frederik Læssøe Nielsen, Aarhus University, for their paper ‘The Role of the Public Sector in Intergenerational Welfare Contracts’.