Phd Traineeship in Fiscal Policies Division

vor 3 Wochen

Frankfurt am Main, Deutschland The European Central Bank Vollzeit

**General Information**

**Type of contract** PhD traineeship

**Who can apply?** EU nationals eligible for our traineeship programme

**Grant** The trainee grant is €1,970 per month plus an accommodation allowance (see further information section)

**Working time** Full time

**Place of work** Frankfurt am Main, Germany

**Closing date** 23.02.2023

**Your team**
- You will join the Fiscal Policies Division in the Directorate General Economics. Our team of approximately 25 experts is responsible for assessing the national fiscal policies of Member States of the European Union (EU) and the euro area’s fiscal stance. It provides fiscal forecasts, as well as analysing topics such as the fiscal response to the energy crisis and high inflation, the effect that fiscal policy has on the macroeconomy, the dynamics of public debt, the role that fiscal policies can play in the mitigation of climate change, and the interplay between monetary policy and fiscal policy. The Division is also responsible for analysing issues relating to the reform of the EU’s fiscal framework.

**Your role**
- As a PhD trainee, you will conduct empirical analysis using state-of-the-art economic and econometric models and contribute to the enhancement of analytical, econometric and forecasting tools under the supervision of ECB experts. You may also have the opportunity to submit resulting papers for publication in the ECB’s Working Paper Series and academic journals.

More specifically, you will work on one of the following projects:

- developing models/tools in order to assess **interaction between monetary policy and fiscal policy**, with a particular focus on (i) the impact that fiscal policies have on inflation and (ii) measures adopted in advanced economies to mitigate the effects of high energy prices, while accounting for the heterogeneity of fiscal policies in the euro area;
- exploring the **impact that fiscal policies have on the macroeconomy** (e.g. through fiscal policy multipliers) in different phases of the business cycle using both empirical and theoretical models (which may potentially involve contributing to the construction of heterogeneous-agent New Keynesian (HANK) models);
- analysing the implementation and macroeconomic impact of the **Next Generation EU** initiative;
- assessing the role of national and aggregate fiscal policies (including the **euro area’s aggregate fiscal stance**) in the post-pandemic period, particularly in view of the trade-off between debt sustainability and the stabilisation function of fiscal policies, and evaluating **debt sustainability risks** (including the impact of rising debt financing costs);
- developing models with a view to analysing the role that fiscal policies can play in the **mitigation of climate change**;
- assessing the **ongoing reform of EU fiscal rules**, as well as options for a **central fiscal capacity** in the euro area and the EU, risk-sharing mechanisms, the interplay between fiscal rules and market discipline, and the implications of introducing a “safe asset” for the euro area;
- developing models for **forecasting fiscal variables** (including models which combine data sampled at different frequencies), evaluating the impact of revisions to fiscal data and differences between real-time and revised data, and assessing the determinants of forecasting errors by international institutions;
- using macroeconomic models (e.g. representative-agent New Keynesian (RANK) models and HANK models) to explore the role played by the **relationship between governments and central banks** when it comes to keeping inflation in check, with a particular focus on optimal cooperation arrangements.

Successful applicants will be assigned a supervisor, but will be expected to complete their tasks using their own initiative and to work largely autonomously. They will have access to the ECB’s library, as well as computing and statistical resources. This traineeship will offer excellent opportunities to build on your skills and track record as an economist. You will be part of a multicultural team that strives for continuous innovation to make a positive impact on the lives of European citizens.

**Qualifications, experience and skills**
- Essential:

- a master’s degree and at least two years of PhD studies in economics, finance, statistics, data science, engineering or a related field;
- a sound understanding of macroeconomics and the economic and institutional context in which the ECB fulfils its mandate, including as regards the role of fiscal policies in the euro area;
- programming experience involving quantitative software such as Stata, MATLAB, R, GAUSS, Python or Julia;
- a good knowledge of the MS Office package;
- an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the Common European Framework of Reference for Languages.

Desired:

- experience of factor models and state space/

  • Traineeship in The Business Cycle Analysis Division

    Vor 3 Tagen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,070 per month plus an accommodation allowance (see further information section) **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 14.02.2023 **Your...

  • Student Research Assistant Traineeship Programme

    vor 4 Wochen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,070 per month plus an accommodation allowance (see further information section), The trainee grant is €1,970 per month plus an accommodation allowance (see further information...

  • Traineeship in Market Operations

    Vor 3 Tagen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information*** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,170 per month plus an accommodation allowance (see further information section) **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 09.04.2024 **Your...

  • Traineeship in Service Delivery Team

    Vor 3 Tagen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,070 per month plus an accommodation allowance (see further information section) **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 11.04.2023 **Your...

  • Traineeship in Communications

    vor 4 Wochen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,070 per month plus an accommodation allowance (see further information section) **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 02.08.2023 **Your...

  • Traineeship - Quantitative Analysis in The

    Vor 3 Tagen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,170 per month plus an accommodation allowance (see further information section) **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 11.03.2024 **Your...

  • Traineeship in The Multimedia Team

    Vor 3 Tagen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,070 per month plus an accommodation allowance (see further information section) **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 05.06.2023 **Your...

  • Esrb Traineeship

    Vor 3 Tagen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,070 per month plus an accommodation allowance (see further information section) **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 14.02.2023 **Your...

  • Traineeship in Compliance and Governance

    vor 4 Wochen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,070 per month plus an accommodation allowance (see further information section) **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 15.02.2023 **Your...

  • Traineeship in The Directorate General Market

    Vor 7 Tagen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,070 per month plus an accommodation allowance (see further information section) **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 05.05.2023 **Your...

  • Traineeships in The External Developments Division

    vor 1 Tag

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information*** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,170 per month plus an accommodation allowance (see further information section) **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 06.06.2024 **Your...

  • Traineeship for a Romanian Translator

    vor 4 Wochen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,070 per month plus an accommodation allowance (see further information section) **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 15.03.2023 **Your...

  • Traineeships in On-site and Internal Model

    Vor 3 Tagen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,170 per month plus an accommodation allowance (see further information section) **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 12.03.2024 **Your...

  • Traineeships in On-site and Internal Model

    Vor 3 Tagen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information** **Type of contract** Traineeship **Who can apply?** EU nationals eligible for our traineeship programme **Grant** The trainee grant is €1,070 per month plus an accommodation allowance (see further information section) **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 11.04.2023 **Your...

  • Risk Methodoloy Specialist

    Vor 3 Tagen

    Frankfurt am Main, Deutschland Deutsche Bank Vollzeit

    *English version below* _ **Über den Bereich** Die **Risk Methodology **-Abteilung als Teil der CRO-Division spielt eine zentrale Rolle bei der Entwicklung von bankweiten Risikobewertungsmethoden zur Unterstützung der Allokation von Ressourcen, dem Management des Risikoappetits und fundierten Kreditentscheidungen. Sie werden in einem Bereich arbeiten,...

  • Senior Economist

    Vor 3 Tagen

    Frankfurt am Main, Deutschland The European Central Bank Vollzeit

    **General Information** **Who can apply?** EU nationals **Salary** F/G (bracket 2 - step 1) full time monthly net salary: €6,032 plus benefits, for further information see what we offer. **Working time** Full time **Place of work** Frankfurt am Main, Germany **Closing date** 12.03.2024 **Your team** - You will be part of the EU Institutions and Fora...

  • Career and Technical Education Advisor

    vor 4 Wochen

    Frankfurt am Main, Deutschland Tallahassee Community College Vollzeit

    MAJOR FUNCTION :  The Career and Technical Education Advisor is housed within Workforce Development and will report to the Director of Continuing Workforce Education. This position is responsible for independent and specialized work in academic advisement, registration, orientation, and related functions for Career and Technical Education programs to...

  • HR Specialist Frankfurt

    Vor 4 Tagen

    Frankfurt am Main, Deutschland The Church of Jesus Christ of Latter-day Saints Vollzeit

    HRD employees are builders of capability within the Lord's talent storehouse who hasten the cause of the Master by drawing, enabling, and improving talent and by shaping the Church's work environment, which allows employees to give their best to the Lord. Provides professional level specialist support to management in planning, administering, and assessing...

  • Regulatory Adherence Specialist

    Vor 3 Tagen

    Frankfurt am Main, Deutschland Deutsche Bank Vollzeit

    **Teambeschreibung und Rollendetails** Das Regulatory Adherence Team ist Teil der Second Line of Defense, die für den Lebenszyklus von regulatorischen Änderungen und das Management des regulatorischen Änderungsrisikos verantwortlich ist. Das Team leitet den Prozess rund um die Bewertung von regulatorischen Änderungen und deren Auswirkungen auf die...

  • Working Student Sales

    vor 4 Wochen

    Frankfurt Am Main, Deutschland Iochpe-Maxion Vollzeit

    Maxion Division: Maxion Wheels- Date: Jul 12, 2023- Location: Königswinter, DE**Working Student Sales (M/F/d)**: As the largest manufacturer of wheels for the global marketplace, Maxion Wheels is continually seeking motivated individuals who have what it takes to make a positive impact on our business and our customers. Our long history, and our products,...