PhD Trainee in Macroprudential Policy and Financial Stability

Vor 6 Tagen


Frankfurt am Main, Hessen, Deutschland European Central Bank Vollzeit
Job Opportunity at the European Central Bank

We are seeking a highly motivated and skilled PhD trainee to join our team at the European Central Bank. As a PhD trainee, you will have the opportunity to work closely with our experts and contribute to research projects and operational work.

Key Responsibilities
  • Solve and/or estimate macro-finance models, including New Keynesian DSGE models with financial frictions;
  • Maintain and further develop the existing quantitative tools and modelling infrastructure;
  • Contribute to the development of general equilibrium models to assess macroprudential and monetary policy interactions and their effectiveness;
  • Develop macroeconometric models to empirically assess the propagation of economic and financial shocks;
  • Contribute to the preparation of quarterly analyses on monetary policy, macroprudential policy and financial stability.
Requirements
  • A master's degree and at least two years of PhD studies in the field of economics, econometrics, finance or related field;
  • Experience with the solution and simulation of macroeconomic models;
  • A sound understanding of the economic issues covered by the team;
  • Strong programming skills, especially in MATLAB and Dynare;
  • 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.
Desirable Skills
  • Sound knowledge of New Keynesian DSGE models with banks and financial frictions;
  • Experience with the estimation and calibration of macroeconomic models;
  • Some experience in working with macro data and macroeconometric models (e.g. vector autoregression (VAR), Bayesian vector autoregression (BVAR) and local projections).

We are looking for a team player who is curious and eager to learn, and wants to further develop their ability to analyse complex information. If you are motivated to contribute to the ECB's mission and work with colleagues from all over Europe, we encourage you to apply for this exciting opportunity.



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