Junior Economist, Penn Wharton Budget Model

Job description



Junior Economist, Penn Wharton Budget Model

University Overview

The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn's distinctive interdisciplinary approach to scholarship and learning.

Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play.

The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more.

Posted Job Title
Junior Economist, Penn Wharton Budget Model

Job Profile Title
Data Analyst D

Job Description Summary
The Penn Wharton Budget Model informs policy discussions in Washington, DC by supporting the production of data-driven, non-normative research on issues at the intersection of business and public policy. PWBM is seeking a Junior Economist to to crossover between the software engineering and economic policy teams and support our research.

Job Description

PWBM is seeking a Junior Economist to crossover between the software engineering and economic policy teams, contribute to PWBM research projects, and work to further develop the PWBM healthcare OLG model. The successful candidate will be an expert in Python and have extensive experience with dynamic programming and machine learning methods. The ability to understand, interpret, and analyze data is crucial and a demonstrated interest in public policy is important.

Position contingent on funding.

Responsibilities:

  • Full-time crossover staff between software engineering and economic policy teams working to further develop the PWBM healthcare overlapping generations (OLG) model.
  • Utilize dynamic programming skills and recursive methods to run econometric analyses in Python for PWBM research projects.
  • Utilize machine learning methods to support econometric analyses for PWBM research projects.
  • Understand and interpret data. Analyze data to test the effectiveness of current policies.


Qualifications

A Masters in Economics, Finance, Statistics, or a related field and 1-2 years of experience, or equivalent combination of education and experience, are required. In addition, the following credentials are important:
  • Graduate-level coursework in machine learning, business modeling, data analysis, and statistics.
  • Advanced proficiency in Python and proficiency with additional libraries, such as Numpy, Numba, Pandas, and Scipy.
  • Experience with dynamic modeling and statistical software packages, such as Matlab, Stata, and R.
  • Proficiency in machine learning methods, such as Neural Networks, Random Forest, Nearest Neighbor, and K-Means.
  • Proficiency solving macroeconomic models using recursive methods.
  • Previous experience serving as a research assistant/data analyst or pursing independent research.
  • Demonstrated interest in public policy and aptitude for graduate-level research.


Working Conditions

Office, library, computer room

Physical Effort

Typically sitting at a desk or table

Job Location - City, State
Philadelphia, Pennsylvania

Department / School
Wharton School

Pay Range
$59,703.00 - $168,837.00

Affirmative Action Statement
Penn adheres to a policy that prohibits discrimination on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class.

Special Requirements
Background check required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.

University Benefits
  • Health, Life, and Flexible Spending Accounts: Penn offers comprehensive medical, prescription, behavioral health, dental, vision, and life insurance benefits to protect you and your family's health and welfare. You can also use flexible spending accounts to pay for eligible health care and dependent care expenses with pre-tax dollars.
  • Tuition: Take advantage of Penn's exceptional tuition benefits. You, your spouse, and your dependent children can get tuition assistance here at Penn. Your dependent children are also eligible for tuition assistance at other institutions.
  • Retirement: Penn offers generous retirement plans to help you save for your future. Penn's Basic, Matching, and Supplemental retirement plans allow you to save for retirement on a pre-tax or Roth basis. Choose from a wide variety of investment options through TIAA and Vanguard.
  • Time Away from Work: Penn provides you with a substantial amount of time away from work during the course of the year. This allows you to relax, take vacations, attend to personal affairs, recover from illness or injury, spend time with family—whatever your personal needs may be.
  • Long-Term Care Insurance: In partnership with Genworth Financial, Penn offers faculty and staff (and your eligible family members) long-term care insurance to help you cover some of the costs of long-term care services received at home, in the community or in a nursing facility. If you apply when you're newly hired, you won't have to provide proof of good health or be subject to underwriting requirements. Eligible family members must always provide proof of good health and are subject to underwriting.
  • Wellness and Work-life Resources: Penn is committed to supporting our faculty and staff as they balance the competing demands of work and personal life. That's why we offer a wide variety of programs and resources to help you care for your health, your family, and your work-life balance.
  • Professional and Personal Development: Penn provides an array of resources to help you advance yourself personally and professionally.
  • University Resources: As a member of the Penn community, you have access to a wide range of University resources as well as cultural and recreational activities. Take advantage of the University's libraries and athletic facilities, or visit our arboretum and art galleries. There's always something going on at Penn, whether it's a new exhibit at the Penn Museum, the latest music or theater presentation at the Annenberg Center, or the Penn Relays at Franklin Field to name just a few examples. As a member of the Penn community, you're right in the middle of the excitement—and you and your family can enjoy many of these activities for free.
  • Discounts and Special Services: From arts and entertainment to transportation and mortgages, you'll find great deals for University faculty and staff. Not only do Penn arts and cultural centers and museums offer free and discounted admission and memberships to faculty and staff. You can also enjoy substantial savings on other goods and services such as new cars from Ford and General Motors, cellular phone service plans, movie tickets, and admission to theme parks.
  • Flexible Work Hours: Flexible work options offer creative approaches for completing work while promoting balance between work and personal commitments. These approaches involve use of non-traditional work hours, locations, and/or job structures.
  • Penn Home Ownership Services: Penn offers a forgivable loan for eligible employees interested in buying a home or currently residing in West Philadelphia, which can be used for closing costs or home improvements.
  • Adoption Assistance: Penn will reimburse eligible employees on qualified expenses in connection with the legal adoption of an eligible child, such as travel or court fees, for up to two adoptions in your household.

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To learn more, please visit: https://www.hr.upenn.edu/PennHR/benefits-pay


To apply, visit https://wd1.myworkdaysite.com/en-US/recruiting/upenn/careers-at-penn/job/3440-Market-Street/Junior-Economist--Penn-Wharton-Budget-Model_JR00032074





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Job No:
Posted: 5/7/2021
Application Due: 5/18/2021
Work Type: Full Time
Salary: