General Information
Type of contract PhD traineeship
Who can apply? EU nationals eligible for our traineeship programme (see further information section)
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 11.02.2021
Your team
You will be part of the Business Cycle Analysis (BCA) Division or the Prices and Costs (PAC) Division in the Directorate General Economics of the European Central Bank (ECB).
The BCA Division consists of a team of approximately 30 experts and is responsible for analysing and forecasting real macroeconomic developments in the euro area and the largest countries within it. It also conducts sector-specific analyses and economic sentiment surveys of households and non-financial corporations. The Division is currently devoting special attention to the impact of the coronavirus (COVID-19) pandemic on business cycle dynamics, with a focus on exploring the use of high-frequency indicators for short-term forecasting, disentangling demand and supply forces and the role of policy support, and identifying transitory and permanent effects of the pandemic on decisions by households and firms.
The PAC Division consists of a team of around 20 experts and monitors, analyses and forecasts inflation and its determinants in the euro area and individual countries and sectors within it. This includes assessing the impact of the COVID-19 pandemic and climate change on inflation trends. The Division is a major contributor to the ongoing ECB monetary policy strategy review and plays an important role in the Price-setting Microdata Analysis Network (PRISMA), working with large datasets of prices from various sources, including web-scraping. The Division also assesses inflationary pressures from the external environment and from domestic wage and profit trends, as well as the associated prospects, risks and uncertainties.
The ECB is an inclusive employer and we strive to reflect the diversity of the population we serve. We encourage you to apply, irrespective of your gender, gender identity, ethnicity, sexual orientation, age, religion, disability or other characteristics.
Your role
As a PhD trainee you will:
We are looking for PhD trainees to work on several projects in the two divisions.
In the BCA Division, key projects will focus on the following issues:
In the PAC Division, various projects will focus on the following issues:
These positions offer excellent opportunities to build on your skills and track record as an economist by working on state-of-the-art modelling and econometric techniques as well as to contribute to policy work that is of the highest relevance for the economic assessment by the Directorate General Economics. 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:
Desired:
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 objectives of this position.
Further information
PhD traineeship of between 3 and 12 months in total.
All trainees will be expected to complete their tasks using their own initiative and to work largely autonomously, under the supervision of an expert. Successful candidates will have access to the ECB's library, as well as to computing and statistical resources.
Application and selection process
Further information on how to join us is available on our website.
The recruitment process for this position will include an online interview via WebEx.
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This vacancy is archived.