You will have an impact

At De Nederlandsche Bank (DNB) your work will impact economic policy and financial stability. Through your research, you will contribute to policy discussions on the housing market. Your focus will be on research aimed at quantifying the impact of housing market policies on households. You are expected to contribute to relevant policy debates, publish 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 Housing Market Research Economist, you will work in the Economic Policy and Research Division of the Dutch central bank. We are looking for an enthusiastic colleague who holds, or is close to completing, a PhD in economics or econometrics, with a focus on modeling the interactions between supply and demand factors relevant to the housing market. You will work with granular mortgage and house price data to assess the effects of housing market policies on households. The insights from your work are important ingredients in advising DNB board members and other policymakers. You proactively engage in dialogue with policy makers and fellow researchers inside and outside DNB to achieve synergy between research and policy. You spend 50% of your time on academic research and 50% on policy work.

What exactly does your job involve?

You contribute to policy debates related to the housing market by:

• Conducting impactful, policy-oriented economic research on the development of the housing market, either theoretical or empirical, with a focus on government plans and their impact on prices and supply of houses.
• Analyzing microdata on housing and mortgages, that eventually feed into a model able to assess the effectiveness of housing policies.
• Contributing to the development of a microsimulation model for the household sector, where housing and the financing of the actors playing a role on this market is key.
• Translating your results in policy notes and articles for 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 economic policies, business cycle analysis and monetary policy. The Division consists of around 70 staff members split into 5 departments. We work in an informal, academic atmosphere with ample room for 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 research skills and knowledge of housing market policies. You are able to explain research results in an accessible way and translate them into clear policy recommendations. You are enthusiastic and thrive on having 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?

• A PhD (or close to completing a PhD) in microeconomics or econometrics.
• Strong affinity with and sound empirical or theoretical knowledge of the housing market, and how it interacts with government policies.
• Experience in applied economic research is highly valued; experience with microdata related to the housing and mortgage markets is a plus, and so is the knowledge of the Dutch housing market in particular.
• Excellent presentation and communication skills.
• Proficiency in written and oral English, with a willingness to learn Dutch.

This is what we offer you

A 36-hour working week - 32-hours is also possible - right at the heart of today's financial and economic current events. With a reliable and socially involved employer in Amsterdam, who constantly responds to the changing requirements of our environment. And that continuously innovates. As an institution, we are at the heart of society. We think diversity and inclusion are important and valuable. Different perspectives, backgrounds and insights increase our thinking power. It doesn't matter who you are, where you were born, what you believe in and who you love. We are especially curious about your drive for social impact. Wondering how we do it and what our colleagues think about it? Read and watch more here.

This will offer you a wealth of opportunities to develop and gain new experiences, both in the Netherlands and abroad. You will initially be working on a one-year contract, with the prospect of an extension, provided you have performed well and our organisation has not undergone any changes that affect your job.

The other excellent terms and conditions of employment for this position are:

• A salary of at least € 3.900.-- and a maximum of € 5.600.-- gross per month, which amounts to a gross annual salary of at least € 58.000,-- and a maximum of € 82.000,-- based on a 36-hour working week (including 13th month, personnel budget and holiday allowance). The final salary depends, among other things, on your expertise and experience.
• Free choose when you want your 13th month, 8% holiday allowance calculated over 13 months and a freely disposable personal budget of 5.9% of your 12-month salary to be paid out.Your pension entitlements will accrue under a career-average scheme including provisional indexation, with a 6.83% employee contribution.
• Full reimbursement of your public transport costs for commuting ór reimbursement of your costs with your own transport, at € 0.23 per km. It is possible to travel 1st class. A personal contribution of € 25 per month applies for this.
• An internet allowance of € 50 net per month.
• Plenty of opportunities for professional and personal development through education and training.
• A healthy work-life balance. In this position, it is possible to divide your working week into 4 8 or 9-hour days.

Your application

Please submit the following documents via the EconJobMarket website: cover letter, job market paper, CV, two reference letters no later than Sunday, 24 November.

Interviews will be online from Monday, 16 December, to Thursday 19 December 2024. Shortlisted candidates will be asked to present at a job seminar.

For further information and questions, please contact Maurice Bun (m.j.g.bun@dnb.nl), DNB research coordinator.

Application procedure

To apply for this position, log in and choose your Applicant role (or, if you have no account, create one). Please do not use the "Sollicteer direct" button below.

Submission materials required

• Curriculum vitae
• Job market paper
• Cover letter
• Video presentation of job market paper (optional)
• Letters of reference: 2