European Central Bank (ECB)

Position Title/Short Description

Full Text of JOE Listing:

The Monetary Policy Research Division of the European Central Bank (ECB) is interested in hiring experienced or recent PhDs in economics. The Division has two main responsibilities. (i) It conducts research in macroeconomics and monetary economics, including work on monetary policy rules and optimal monetary policy; the monetary transmission mechanism; interaction between monetary and fiscal policy; macro models with financial frictions; international economics; the development of macroeconometric and time series models for forecasting, forecast risk and scenario analyses; consumer finance and behaviour; analyses of structural/labour market reforms, competitiveness and growth policies. (ii) It provides research-based policy advice, including the use of conceptual frameworks and models for policy analysis and the maintenance and use of macroeconometric models for forecasting, both possibly in collaboration with competent policy areas of the ECB.

Successful candidates will be expected to conduct and publish high-quality research, develop new models and tools, contribute to the Division's policy work and share some organisational tasks.

The Division would be particularly interested in expanding in two fields: (1) international finance or economics, in particular empirical exchange rate research, and/or research addressing the global "secular stagnation" debate; and (2) macroeconometric modelling as it is used in central bank forecasting.
While, in particular, candidates with an active research agenda or concrete research plans in these fields are encouraged to apply, applications from all areas of macroeconomics (including open-economy macro) and monetary economics will also be considered.

Information about the ECB is available at www.ecb.europa.eu.