The Deutsche Bundesbank is a special type of bank. Together with the ECB and the other euro area central banks, we ensure a stable euro. To achieve this, as well as other central bank tasks, we need a diverse range of specialists in a wide array of areas in order for the institution to function. Join us and become part of a strong team of reliable and responsible individuals.
Internship in the field macroeconometric model of the German economy in Directorate General Economics
The business unit belongs to the division responsible for analysing and forecasting macroeconomic developments in Germany. The semi-structural macroeconometric model is used in the forecasting process, as well as for simulation analyses.
Valuable work: your role with us
- You will calculate the import dependence of aggregate demand components for Germany (calculated using information from input-output tables and other analyses, e.g. using the results to model import demand).
- You will estimate a vector autoregressive model for the German economy as the basis for modelling the formation of expectations in a larger semi-structural model.
- You will help to expand the model to include financial market components.
- In addition, you will assist your colleagues in the business unit with their day-to-day tasks.
Unique assets: your skills and qualifications
- Master’s or PhD students in economics, (business) mathematics, or similar
- Very sound knowledge of macroeconomics and standard macroeconometric methods
- Interest in working with macroeconometric models, especially semi-structural models
- Experience in programming in Matlab; knowledge of Dynare would be an advantage
- Very good command of written and spoken German or English
Remuneration and prospects
International working environment, varied tasks, targeted induction training, national and international exchange opportunities, remuneration depending on your qualifications
New work
Home office opportunities within Germany, feedback culture, friendly and respectful working atmosphere, working hours: 39 hours/week, flexible and predictable working hours, flexitime system with additional work compensated by time off in lieu
Extra benefits
Good transport links (bus and train), central location, staff canteen
Interested in enriching our team?
Then we look forward to receiving your application. If you have any questions before you apply, simply get in touch with the contact person(s) listed below.
For questions about the application process
For questions about the role
Thomas Haertel, +49 69 9566‑3709
thomas.haertel@bundesbank.de
Markus Kontny, +49 69 9566‑12856
markus.kontny@bundesbank.de
Please use job ID 2025_0773_02 to apply by 20 August 2025 using our online application tool.
Diversity and equal opportunities are important to us. Where candidates are equally qualified for the position, preference will be given to applicants with a disability. The Bundesbank also promotes gender equality in the workplace, especially when filling leadership positions. We therefore particularly welcome applications from women.