Student Research Assistant Traineeship Programme - Frankfurt am Main, Deutschland - The European Central Bank

Lena Wagner

Geschrieben von:

Lena Wagner

beBee Recruiter


Beschreibung

General Information

Type of contract Traineeship


Who can apply? EU nationals eligible for our traineeship programme


Grant The trainee grant is €1,070 per month plus an accommodation allowance (see further information section), The trainee grant is €1,940 per month plus an accommodation allowance (see further information section)


Working time Full time


Place of work Frankfurt am Main, Germany


Closing date


Your team

  • You will be part of either the Monetary Policy Research Division or the Senior Management team in the Directorate General Research. Our Directorate General provides researchbased policy analysis for the ECB's decisionmaking bodies. We conduct and coordinate economic research on issues relating to monetary policy, financial stability and ECB Banking Supervision. We use stateoftheart dynamic stochastic general equilibrium models and econometric techniques, analyse price dynamics using microdata and employ rich householdlevel data sources such as monthly survey data on the perceptions and expectations of euro area consumers about the economy to research heterogeneity in the monetary policy transmission.


In your role as Student Research Assistant Trainee, you will be part of a team responsible for compiling and analysing cross-sectional, time-series and panel datasets and helping to solve and estimate linear and non-linear general equilibrium models, working closely with researchers from all research areas on a regular basis.

Depending on your area of expertise, you will be assigned to one of three main areas:


  • Macroeconomic models
  • Activities include: developing, solving and estimating general equilibrium models using perturbation or global methods and contributing to analysis on topics such as the effects of standard and nonstandard monetary policy, the interactions between monetary policy and fiscal policy, the nexus between monetary policy, financial stability and macroprudential policy, the implications of climate change for monetary policy, the redistributive effects of monetary policy and the macroeconomic effects of pandemics.
  • Time series
  • Activities include: maintaining and further developing existing tools, such as structural vector autoregressions, unobserved component models and nonlinear time series models; contributing to empirical analysis on topics such as the transmission of monetary policy, financial shocks and inflation dynamics; and creating and maintaining databases of quarterly, monthly, daily or highfrequency data from Bloomberg, Refinitiv Eikon, Datastream, the ECB's Statistical Data Warehouse, Federal Reserve Economic Data and Refinitiv Tick History.
  • Micro panel data
  • Activities include: working with parametric and semi/nonparametric panel data models such as random/(highdimensional) fixed effects models, differenceindifferences, matching models, quantile regression, partial identification, classification techniques, machine learning and webscraping; creating and linking datasets; querying and maintaining high and lowfrequency databases derived from commercial and Eurosystem datasets; handling and analysing large, highfrequency contractlevel financial data, supervisory bank data and new survey data; and analysing microdata on topics such as monetary policy transmission, heterogeneity, the credit channel, labour market dynamics or consumer expectations.
    Your role
  • As a Student Research Assistant Trainee, you will:
  • support researchers in solving and estimating frontier macro models;
- develop mathematical, statistical and econometric procedures for research projects;
- contribute to empirical analyses and analytical projects;
- establish and maintain cross-sectional, time-series and panel datasets;
- work with a broad range of unique confidential datasets, macroeconomic and microeconomic data, and financial, supervisory and intraday market data;
- present data in conjunction with theoretical economic and statistical analysis.

The position offers you excellent opportunities to work closely with our economists and our management team.

You will support them in academic research projects and operational work, such as the preparation of policy-related notes for the ECB's Executive Board.

This will allow you to develop your analytical skills, enhance your quantitative skills and gain an insight into the ECB's research activities and policymaking processes.

The traineeship programme will expose you to ideas, debates and challenges that can provide a useful foundation for your future career and/or postgraduate studies.

You will have access to internal seminars and conferences organised by the ECB.

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:
- for a traineeship paid at €1,940, a master's degree and at least two years of PhD studies in th

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