Senior Research Economist at Economics Department
Advertiser: Economics Department, Bank of Lithuania
Field(s) of specialization: International Finance/Macro - International Trade - Labor; Demographic Economics - Macroeconomics; Monetary - Any field - Political Economy
Position type(s): Other academic
Location of job: Totoriu g. 4, Vilnius, 01103, Lithuania
Degree required: Doctorate
Job start date: Flexible
Job duration: Continuing/permanent
Letters of reference required: 2
Current search status: Search suspended/canceled
Posting end date: 6 Dec 2022
Interviews: Interviews will be conducted remotely by video starting December, 2022.
Ad text:

The Bank of Lithuania (BoL) is seeking a research economist specializing in macroeconomic modelling, macroeconometrics, applied time series econometrics or data science to fill a position in the Applied Macroeconomic Research Division of the Economics Department. The primary aim of the Division is to conduct and publish high quality research and contribute to the analytical and policy functions of the Economics Department and facilitate decision making at the BoL. The applied research team is also responsible for building and developing macroeconomic models that are used in forecasting, scenario analysis and policy evaluation.

Structural unit: Applied Macroeconomic Research Division, Economics Department

Link to existing research:

Contract: two year full-time, which upon successful completion of tasks, duties and responsibilities turns into a permanent contract afterwards

General Duties and Responsibilities:

o Undertake applied economic research aimed at contributing to the policy-related work of the Economics Department

o Develop macroeconomic models for scenario analysis, policy evaluation and forecasting using the most advanced analytical approaches and methodologies

o Participate in international economic modelling projects and working groups within the European System of Central Banks

o Publish research in the BoL Working Paper Series and leading academic journals

o Workload in this position would be allocated to policy questions (about 20%), model development and directed research (40%), and conducting own research (40%) on topics relevant for the central banking community (with precedence given to issues related to the Lithuanian economy).

Skills and Specifications:

  • PhD in Economics, Econometrics or Finance (final year Ph.D. candidates will also be considered)
  • Specialization in the area of empirical macroeconomic analysis, macroeconometrics, or other related topics
  • Experience in empirical research, in particular ability to build and calibrate/estimate macroeconomic, macroeconometric or general equilibrium models
  • Strong analytical and technical skills, ability to analyze complex economic and financial information using empirical and/or modelling skills
  • Programming ability in R/Matlab/Dynare or equivalent
  • Strong interpersonal and communication skills
  • Fluency in written and spoken English.

In case of questions please contact Ms. Aurelija Proskute (

Featured postings All postings