Economist (Modelling and Forecasting) – Bank of Botswana
Job Description
JOB REQUIREMENTS
Masters’ Degree in Economics/Econometrics with specialisation in monetary economics, finance, econometrics, Data Science or Statistics.
OR
Bachelor’s degree in Economics/Econometrics, Data Science or Statistics plus two years post qualification experience.
KEY RESULT AREAS
- Carry out research on econometric techniques, forecasting processes, transmission mechanism of monetary policy and other issues on economic policy;
- Produce forecasts for Monetary Policy Committee briefing papers and;
- Maintain and update the forecasting models; and
- On-the-job training and development of junior staff.
DUTIES AND RESPONSIBILITIES
- Regularly updates time series data and produce inflation forecasts;
- Reviews and implements changes to the forecasting models;
- Evaluates performance of the forecasting models and recommends improvements;
- Prepares research papers on modelling and forecasting transmission mechanism of the monetary policy and other issues related to economic policy;
- Prepares the Unit’s contributions to the appropriate sections of the Monetary Policy Report, Monetary Policy Statement, Annual Report and other relevant Bank documents;
- Produces monthly inflation highlights;
- Monitors and evaluates the impact of domestic and external economic developments on inflation to inform monetary policy;
- Monitors, calculates and evaluates the impact of administered prices on inflation to inform monetary policy; and
- Undertakes such other duties as directed by the Senior Economist and/or Principal Economist.
Closing date: July 26, 2023
