Your role
As a PhD trainee you will:
1. support the Division’s analytical agenda on key policy questions;
2. conduct empirical analyses using state-of-the-art economic and econometric models;
3. help to enhance analytical, econometric and forecasting tools under the supervision of ECB experts;
4. have the opportunity to submit the resulting papers for publication in the ECB’s Working Paper Series and academic journals.
You will be expected to complete your tasks using your own initiative and to work largely autonomously under the supervision of an expert. You will have access to the ECB’s library, as well as to computing and statistical resources. You will also have access to most ECB-organised conferences and internal seminars.The traineeship offers you excellent opportunities to develop your skills by using state-of-the-art modelling and econometric techniques and to contribute to policy work that is highly relevant to the Division’s economic assessments. 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:
5. a master’s degree and at least two years of PhD studies in economics, finance, statistics, data science or a related field;
6. a sound understanding of, and theoretical background in, macroeconomics and the economic and institutional context in which the ECB fulfils its mandate;
7. excellent knowledge of, and a track record in, state-of-the-art modelling tools and econometric techniques or data analytics;
8. programming skills in one or more of the following software packages: MATLAB, Stata, Python, R or Julia;
9. a good knowledge of the MS Office package;
10. an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the .
Desired:
11. experience in one of the following: applied microeconometrics for the labour market, corporate finance and firm dynamics; applied time series for empirical macroeconomics; panel data analysis for empirical macroeconomics; dynamic stochastic general equilibrium modelling (including heterogeneous agent models); machine learning techniques.
You are curious and eager to learn, and want to further develop your ability to analyse complex information. You are keen to collaborate with others, pursue team goals and learn from other people’s diverse perspectives. You strive to know and anticipate stakeholder needs, and will signal any need for change and propose alternative solutions.You are motivated to contribute to the ECB’s mission, to serve the citizens of the EU as a member of a public institution and to work with colleagues from all over Europe. You are keen to be part of our team and to use your skills and competencies to achieve the aims of this position.