PhD Traineeships in Macroprudential Policy and Financial Stability at European Central Bank

As a PhD trainee you will:

contribute to the development of models for the assessment of financial stability risks and the impact of macroprudential instruments (both capital and borrower-based) using methods such as structural and Bayesian VARs, panel regression approaches, integrated micro-macroframeworks, DSGE and network models. This might also include working on the stress test models infrastructure;

contribute to the surveillance and assessment of potential systemic risks originating in the banking sector using granular datasets for econometric modelling. This may for example include analysis of bank profitability, bank risk-taking and bank interconnectedness.

A PhD traineeship in DG/MF will allow you to familiarise yourself with the business area through different tasks and projects. You will have your own assigned supervisor, but will be expected to use your own initiative and work in a largely autonomous way in order to complete your projects.

You will gain an overview of all of the tasks performed by the Directorate General and you will also contribute to its regular work. You will be able to attend a wide range of seminars and access the ECB’s library, as well as computing, programming and statistical resources. You will have an excellent opportunity to network, engage with other employees and increase your personal awareness and business knowledge. You will be part of a multicultural team that strives for continuous innovation to
make a positive impact on the lives of European citizens.

Further details:
PhD Traineeships in Macroprudential Policy and Financial Stability at Europeam Central Bank