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Macro-Labor Research Economist
Advertiser: De Nederlandsche Bank
Field(s) of specialization: Econometrics - Labor; Demographic Economics - Macroeconomics; Monetary
Position type(s): Other nonacademic
Location of job: PO BOX 98, Amsterdam, 1000AB, Netherlands
Degree required: Doctorate
Job start date: Flexible
Job duration: Continuing/permanent
Letters of reference required: 2
Application deadline: 24 Nov 2024 midnight UTC (no longer accepting applications)
Current search status: Interview scheduling completed
Posting end date: 31 Jan 2025
Interviews: Interviews will be conducted remotely by video starting December, 2024.
Ad text:

Use your research skills in a high-impact environment as a research economist at the Economic Policy and Research Division of the Dutch Central Bank.

You will have an impact

At De Nederlandsche Bank (DNB) your work will have an impact on monetary policy, financial stability and sustainable prosperity. With your research, you will make key contributions to policy discussions related to labor market shortages, the interaction between wages and prices, labor productivity growth and broader welfare effects. You are expected to contribute to topical policy debates, publish in scientific journals and are encouraged to participate in conferences and research networks.

This is what you will be doing as a research economist at DNB

As a macro-labor research economist, you will work in the Department of Macro and Business Cycle Analysis within the Economic Policy and Research Division at DNB. We are seeking enthusiastic colleagues who hold, or are close to completing, a PhD in macroeconomics, labor economics or econometrics with a focus on modeling the interaction between labor market developments and the broader economy. Besides the focus on labor market, analyzing the interaction between wages and prices and the development of labor productivity growth are also in scope. The insights from your work are important ingredients in advising DNB board members and other policymakers, both in the Netherlands and in the European System of Central Banks. You proactively engage in dialogue with experts inside and outside DNB to achieve synergy between research and policy.

What exactly does your job involve?

You contribute to policy debates on labor market developments and their macroeconomic implications by:

  • Conducting policy-oriented economic research and reporting your results in policy notes and scientific journals.
  • Developing econometric models that address the impact of labor market developments (e.g., labor shortages, wage growth) and related policy measures on the course of the economy.
  • Building a network of stakeholders both in the Dutch government (e.g., Ministry of Social Affairs) and in the European System of Central Banks (e.g., ESCB Wage Expert Group) to exchange insights and influence policy debates.

This is where you will be working

The Economic Policy & Research Division at DNB is responsible for a broad range of topics, including domestic economic policies, business cycle analysis and monetary policy. The Division consists of around 70 staff members split into five departments. You will come to work in the Department of Business Cycle and Macro Analysis, which is responsible for monitoring and analyzing macro-economic developments both in the Netherlands and in the Euro Area, with a particular focus on inflation and on labor markets. We work in an informal atmosphere with ample room for academic research and personal development. We encourage you to participate in scientific conferences and research networks and we offer plenty of training facilities.

This is what we need from you

You have sound analytical and research skills. You are able to extract insights from the policy debate to formulate questions for academic research, and can in turn explain research results in an accessible way and formulate clear policy recommendations. In this way you increase synergies between research and policy. You are enthusiastic and thrive on understanding economic questions and influencing economic policies You enjoy working together with internal and external parties. You look forward to investing in knowledge as well as in professional skills by taking targeted training courses.

What other characteristics are we looking for?

  • A PhD (or close to completing a PhD) in macroeconomics, labor economics or econometric modelling;
  • Experience in applied economic research and knowledge of econometric methods;
  • Excellent presentation and communication skills;
  • Written and oral communication in English are excellent and you are willing to learn Dutch (training courses are available).

This is what we offer you

A 36-hour working week right at the heart of today's financial and economic current events. With a reliable and socially involved employer in Amsterdam, who constantly responds to the changing requirements of our environment. As an institution, we are at the heart of society. Our people are driven and involved in their work within a social context. We see a diverse and inclusive work environment as one of the conditions for being successful as an organization and continuing to achieve our goals.

Your application

Please submit the following documents via the EconJobMarket website: cover letter, job market paper, CV, two reference letters.

Interviews will be online from Monday, 16 December, to Thursday 19 December 2024. Shortlisted candidates will be asked to present at a job seminar.

For further information and questions, please contact Maurice Bun (m.j.g.bun@dnb.nl), DNB research coordinator.

Submission materials required
  • Curriculum vitae
  • Job market paper
  • Cover letter
  • Video presentation of job market paper (optional)
  • Letters of reference: 2
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