Research Economist
Advertiser: De Nederlandsche Bank
Field(s) of specialization: Finance - Macroeconomics; Monetary
Position type(s): Other nonacademic
Location of job: PO BOX 98, Amsterdam, 1000AB, Netherlands (map)
Degree required: Doctorate
Job start date: Flexible
Job duration: Continuing/permanent
Letters of reference required: 2
Current search status: Position filled
Posting end date: 30 Jan 2022
Interviews: Interviews will be conducted remotely by video starting December, 2021.
Ad text:

Use your research skills in a socially highly relevant environment as a research economist at DNB’s Monetary Policy Department.

You will have an impact

At DNB your work will have an impact on monetary policy, financial stability and sustainable prosperity. With your research, you will make key contributions to relevant policy discussions. You will work on research projects focusing on various aspects of monetary policy and use your expertise to advise DNB’s President. You are expected to publish high-quality research 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 research economist, you will work in the Monetary Policy Department within the Economic Policy and Research Division of the Dutch central bank. We are seeking economists who hold, or are close to completing, a PhD in macroeconomics or finance. You will conduct applied research and will directly advise the President on monetary policy matters. You proactively engage in dialogue with policy officers and fellow researchers to achieve synergy between research and policy. There are good opportunities to interact with the ECB and other national central banks, through working groups and research networks.

What exactly does your job involve?

  • You contribute to DNB's preparation of material related to monetary policy issues, decisions and communication to support the Governor in preparation of monetary policy meetings of the ECB’s Governing Council;
  • You will develop time-series and structural asset pricing or DSGE models to analyse the ECB’s monetary stance, the transmission of monetary policy measures to financial conditions and the macro-economy, and longer-term strategic issues, and contribute to analytical policy notes based on your findings;
  • You conduct policy-oriented economic research and publish in scientific journals.

This is where you will be working

The Economic Policy & Research Division at DNB is responsible for a broad range of topics, including domestic policies, business cycle analysis as well as monetary policy. We also develop and maintain quantitative economic models for forecasting and policy scenario analysis and advance data-driven analysis in our data science hub.

The Economic Policy & Research Division consists of around 70 staff members split into six departments. The Monetary Policy department consists of 14 colleagues, working in an informal, academic atmosphere with ample room for own initiative 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 explain research results in an accessible way and translate them into clear policy recommendations. You thrive on being able to have an actual impact on economic policy making. You enjoy working together with internal and external parties, and you are able to support the synergy between research and policy. You look forward to investing in knowledge as well as professional skills by taking targeted training courses.

What other characteristics are we looking for?

  • You hold a PhD in economics or finance with excellent grades;
  • You have demonstrable affinity with and knowledge of macroeconomics, monetary economics and finance;
  • You have demonstrable experience in applied economic research. Sound knowledge of empirical econometric methods is a clear plus;
  • You have excellent presentation and communication skills;
  • Your writing and oral communication in English are excellent and you are willing to learn Dutch.

Your application

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

Interviews will be online from Monday, 13 December, to Saturday, 18 December 2021. Shortlisted candidates will be asked to present at a job seminar.

For further information and questions, please contact Niels Gilbert (, head of the Monetary Policy department.

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