The Fonds de recherche du Québec – Société et culture (FRQSC), or Quebec Research Fund, exists to promote and support research and the dissemination of knowledge in the social sciences and many other fields. In many ways, the Fund's prestigious doctoral research scholarship is the Canadian equivalent of the US's NSF Graduate Research Fellowship. For 5th year PhD student and native Quebecer Anthony Sanford, it will give him the freedom to focus on his ongoing research during his final year in the program.
Working under the supervision of co-chairs Eric Zivot and Mu-Jeung Yang, Anthony is conducting research in the broad areas of finance and macroeconomics. His research proposal for the scholarship included work from two current papers: "Recovery Theorem with a Multivariate Markov Chain" and "News vs. Uncertainty Shocks in Firm Dynamics" (joint with Yang). Before coming to UW, Anthony completed a Bachelor of Commerce degree from Concordia University in Montreal and an MS in Finance from Seattle University.
More than 40 PhD students applied for the FRQSC doctoral scholarship in the field of economics, and of those, only four were given the award. Anthony's fellow recipients hail from Brown, Princeton, and the University of Montreal. The scholarship provides a stipend of $20,000 CAD per year for up to three years until the completion of the PhD.