Macroeconomics
Job no: 0033069 Location: Parkville Role type: Full-time; Fixed-term for 2 years Faculty: Faculty of Business and Economics Department/School: Melbourne Institute: Applied Economic and Social Research Salary: Level B – $114,465 – $136,136 p.a. plus 17% super
About the Role The research focused position involves both applied econometrics and applied macroeconomics, undertaking directed research on nowcasting and structural modelling as a member of a multi-institutional team.
Nowcasting is determining and understanding the current state of the economy. It is fundamental to macroeconomic policy making. The availability of new data and methods make it an exciting time to research nowcasting and there is the possibility of making a real policy impact.
The position is funded by an Australian Research Council Discovery Grant “Nowcasting and Interpreting the Australian Economy” (DP230100959). The aim of this grant is to produce high- quality research papers developing novel nowcasting methodologies that will enable the timely interpretation of economic developments. Fiscal policy will be a particular area of focus. This work is intended to inform economic policy in Australia. The research team includes: Dr Tim Robinson, Professor Kalvinder Shields and Dr Yong Song (University of Melbourne), Professor Kevin Lee (University of Nottingham), Dr Luke Hartigan (University of Sydney), Mr David Stephan, Dr Khanh Hoang and Dr Zhuo Li (Australian Treasury).
Your responsibilities will include:
Who We Are Looking For You should have experience in at least two of the following areas: state- space modelling, factor models, Structural Vector AutoRegressions (SVARs), and Machine Learning algorithms like Recurrent Neural Networks. Additionally, you should possess knowledge of the relevant applied macroeconomic literature and the ability to apply it, including explaining economic motivations for identification strategies in SVAR. Furthermore, you must have knowledge of, and experience in, at least one of Matlab, R, Python, or similar. The ability to conduct independent research, take initiative, and assume responsibility for developing and completing research papers is crucial. You should also exhibit the ability and willingness to collaborate in teams for successful project outcomes, along with a track record in written communication skills.
You will also have:
For further information regarding responsibilities and requirements, please refer to the attached PD.
This position requires the incumbent to hold a current and valid Working with Children Check to ensure the University provides a safe environment for everyone.
Please note: Visa sponsorship is not available for this position. This role requires current valid work rights for Australia.
Your New Team – Melbourne Institute: Applied Economic and Social Research https:// melbourneinstitute.unimelb.edu.au/
The Melbourne Institute is a research-only department within the Faculty of Business and Economics at the University of Melbourne. It is Australia's leading and longest standing research institute in the field of economics, undertaking cutting-edge research into key issues relevant to modern economic and social policy.
The Melbourne Institute has a core faculty of some 50 academic researchers, 10 professional/administrative support staff, and several PhD students. Reflecting the standards of research excellence achieved at the Melbourne Institute, staff are expected to publish in internationally acclaimed peer reviewed journals and to lead the public debate on economic and social policy.
What We Offer You! In addition, we offer the opportunity to be part of a vibrant community and enjoy a range of benefits, including generous leave provisions, salary packaging, health and well-being services and discounts on graduate courses. For more information, check outour benefits page!
About the University of Melbourne We're tightly connected with the community, both at home and abroad. We take pride in our people, who all contribute to our mission to benefit society through the transformative impact of education and research. Discover more via our website and stay connected with our stories and people on LinkedIn.
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We are dedicated to ensuring barrier free and inclusive practices to recruit the most talented candidates. If you require any reasonable adjustments with the recruitment process, please contact the email address listed at the bottom of the page.
Aboriginal and Torres Strait Islander Applicants We aspire to be the University of choice for Indigenous Australians, with unprecedented investment to attract, nurture and retain Aboriginal and Torres Strait Islander students and staff. Tangible support through a range of programs and initiatives will ensure that you personally succeed and flourish while at the University of Melbourne.
For further information, including our 2023-2027 Indigenous strategy please visit -https: // about.unimelb.edu.au/reconciliation/murmuk-djerring
Join Us!
Please Note: We are NOT accepting applications via this website. If you feel this role is right for you, please submit your application via insert EconJobMarket Link.
^For information to help you with compiling short statements to answer the selection criteria and competencies, please go to https:// about.unimelb.edu.au/careers/selection-criteria
If you have any questions regarding the recruitment process, please feel free to contact Nick Petersenvia email at [email protected], ensuring that you include the Position Number and the Job Title as the subject. Please do not share your application to this email address.
If you have any particular questions regarding the job please follow the details listed on the Position Description.
Applications close: Day Month 2023 11:55 PM Australian Eastern Daylight Time (AEDT)
Position Description:
08 Dec 2023 12:05 AM AUS Eastern Daylight Time
23 Feb 2024 11:55 PM AUS Eastern Daylight Time