Economist - Macroeconomic Modeling

World Bank • Washington, DC

362d

About The Position

Working at the World Bank Group provides a unique opportunity for you to help our clients solve their greatest development challenges. The World Bank Group is one of the largest sources of funding and knowledge for developing countries; a unique global partnership of five institutions dedicated to ending extreme poverty, increasing shared prosperity and promoting sustainable development. With 189 member countries and more than 120 offices worldwide, we work with public and private sector partners, investing in groundbreaking projects and using data, research, and technology to develop solutions to the most urgent global challenges. The Prosperity Vice Presidency is one of the World Bank Group's five verticals, with a mandate that emphasizes 'Growth, Finance, and Institutions for all.' Our approach leverages data-driven analysis and combines expertise from both the public and private sectors, together with International Finance Corporation (IFC). The Prosperity Vice-Presidency supports clients in advancing evidence-based structural reforms to establish the foundations for inclusive and sustainable growth in the thematic areas of macro-fiscal policy; financial sector resilience, access and deepening; private sector development, trade and competitiveness; and governance and public sector reform, including statistical capacity. The Economic Policy (EP) department comprises over 400 staff in regional and global units, focusing on economic growth & jobs, macroeconomics & debt, and fiscal policies. The Jobs and Growth unit in Economic Policies global department is responsible for promoting policies to stimulate growth and foster high-quality jobs.

Requirements

• An advanced degree in economics or data science with 3 or more years of experience working in a heavily automated data intensive economic analysis environment.
• Experience writing econometric code to estimate and simulate complex models.
• A solid understanding of the World Bank's MFMod and MFMod- Stand Alone models, and the Eviews programming language would be an important advantage.
• Experience developing and maintaining client-facing data and document systems.
• Strong communications skills and experience teaching complex economic concepts to non-technical economists.
• Ability to work flexibly, creatively and to multitask as the need arises.
• A high degree of self-motivation, coupled with a commitment towards teamwork and knowledge sharing, especially across the World Bank Group.

Nice To Haves

• Experience in climate economics and labor markets.
• An excellent track record of being responsive and innovative.

Responsibilities

• Develop country specific macroeconomic models and train clients, mainly staff of Ministries of Finance and Central Banks, on the use, maintenance and modification of the model.
• Work with the Global Lead for Macroeconomic modelling to develop customized versions of the MFMod modelling, adapted to the policy questions at hand.
• Understand the interactions between climate and the macroeconomy, including issues concerning emissions mitigation, economic damages, adaptation and the co-benefits of policies associated with each of these.
• Analyze labor markets in developing economies and their interactions with the macroeconomy, particularly concerning informality and structural change.

What This Job Offers

• Career Level: Mid Level
• Industry: Executive, Legislative, and Other General Government Support
• Education Level: Master's degree