Job Opening for Macroeconomic Modelling Consultant
The Economic and Social Commission for Asia and the Pacific (ESCAP) is offering an exciting opportunity for a Macroeconomic Modelling Consultant. This role involves conducting in-depth macroeconomic analysis and providing valuable policy insights to support sustainable development.
Empowering Evidence-Based Policy Analysis
The primary objective of the Macroeconomic Modelling Consultant is to independently conduct macroeconomic analysis of selected policy scenarios in Asia-Pacific economies. This entails designing policy scenarios in consultation with national counterparts and UN country teams, calibrating the model, and conducting impact assessments. The results of these analyses will provide valuable insights to national stakeholders, including evidence-based policy recommendations. For instance, the consultant may estimate the impacts of introducing a carbon tax, assess debt sustainability under different financing conditions, or quantify the social returns of establishing universal healthcare coverage.
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Furthermore, the consultant will be responsible for drafting professional reports that outline the policy implications of macroeconomic modelling. These reports will provide an overview of the national context, simulation results, and their implications for achieving the Sustainable Development Goals (SDGs). They will also offer policy recommendations to national governments and other stakeholders. The consultant will contribute to ESCAP publications such as the Economic and Social Survey of Asia and the Pacific, working papers, and policy briefs.
In addition to analysis and reporting, the role involves providing macroeconomic modelling training to national government officials. This includes conducting technical training sessions to equip government officials with the skills and knowledge to execute the models using EViews software.
The Significance of the Role
In light of the global goals set by the United Nations to achieve the Sustainable Development Goals by 2030, ESCAP recognizes the critical role that macroeconomic modelling plays in supporting informed decision-making. The consultant’s work will be instrumental in assessing public debt sustainability, considering multidimensional vulnerability, national investment needs for the SDGs, and environmental impacts of public policies. This approach goes beyond the economic and fiscal impacts to assess the social and environmental dimensions of public policies, further emphasizing the importance of sustainability.
The ESCAP Macroeconomic Model for Sustainable Development
The consultant will work with the ESCAP Macroeconomic Model for Sustainable Development, which operates within the EViews software. This comprehensive model covers 46 individual full country models for the Asia and Pacific region, as well as smaller models of key trading partners outside the region. The model structure assesses the socioeconomic and environmental impacts of various policy scenarios, such as social protection, clean energy, climate resilience, biodiversity, and more.
Qualifications and Skills
To excel in this role, the ideal candidate should hold a master’s degree or higher in economics, macroeconomics, econometrics, finance, or related areas. They should demonstrate the ability to engage with senior decision-makers, possess exceptional written and oral communication skills, and maintain a positive and results-oriented attitude.
The consultant should also have relevant work experience in conducting research and training in macroeconomics and economic development. Proficiency in general equilibrium (GE, DSGE) modelling, econometric approaches, and statistical analysis is essential. Expertise in EViews software is required, and familiarity with other statistical packages (e.g., R, Stata) is a plus.
Apply Today
This opportunity is a four-month, part-time engagement that allows you to make a meaningful impact on sustainable development in the Asia-Pacific region. Join ESCAP and contribute to the implementation of the United Nations’ Decade of Action. Apply now and become part of a dynamic team dedicated to achieving the Sustainable Development Goals.
For more information and to apply, visit the United Nations’ career portal. The application deadline is August 4, 2024.
ESCAP values diversity and inclusion and is committed to providing reasonable accommodations to applicants with disabilities.