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

1. Carry out research on econometric techniques, forecasting processes, transmission mechanism of monetary policy and other issues on economic policy;
2. Produce forecasts for Monetary Policy Committee briefing papers and;
3. Maintain and update the forecasting models; and
4. On-the-job training and development of junior staff.

DUTIES AND RESPONSIBILITIES

1. Regularly updates time series data and produce inflation forecasts;
2. Reviews and implements changes to the forecasting models;
3. Evaluates performance of the forecasting models and recommends improvements;
4. Prepares research papers on modelling and forecasting transmission mechanism of the monetary policy and other issues related to economic policy;
5. Prepares the Unit’s contributions to the appropriate sections of the Monetary Policy Report, Monetary Policy Statement, Annual Report and other relevant Bank documents;
6. Produces monthly inflation highlights;
7. Monitors and evaluates the impact of domestic and external economic developments on inflation to inform monetary policy;
8. Monitors, calculates and evaluates the impact of administered prices on inflation to inform monetary policy; and
9. Undertakes such other duties as directed by the Senior Economist and/or Principal Economist.

Closing date: July 26, 2023

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