The many opportunities to do research on substantive problems attracted me to the Bank. Even more importantly, there are policymakers down the hallway who are eager to hear about good quality research and implement policies based upon it – your research can have a huge impact here. Additionally, junior researchers at the Bank can afford to be novel and innovative in their work in a way that isn’t always possible at a university.
I've found it is a much more team-oriented environment than a faculty at a university; there’s a sense that everyone is pulling together to make policy as good as it can be. What surprises me is policymakers' appetite for publicating quality research, and their willingness to act upon it.