Job Description

Post of duty: Washington DC- USA

The IDB Group is a community of diverse, versatile, and passionate people who come together on a journey to improve lives in Latin America and the Caribbean. Our people find purpose and do what they love in an inclusive, collaborative, agile, and rewarding environment.

About this position

Countries in Latin America and the Caribbean face challenges of coverage, adequacy, and sustainability of pension programs. These problems arise from rapidly aging, informality, and, in some cases, relatively generous benefits.

In developed countries, there have been significant reforms to pensions and regulations relating to older workers. These policy changes have been accompanied by non-trivial increases in the labor supply of the elderly over the same period. This trend has occurred in multiple countries, raising the question of whether the policy reforms have caused the increases in labor supply. It is, therefore, a topic that has attracted significant attention from policymakers and researchers.

Much less is known about labor supply of older worker sin in low and middle-income countries despite the fact the aging transition is occurring much faster in non-high income countries.

VPS is developing a research agenda that will cover three topics (i) the evidence on how employment rates among the elderly have changed in developed and developing countries over recent decades and the main factors that are thought to influence older workers’ labor supply (ii) understand whether policy reforms have been significant for explaining changes in employment in Latin America and the Caribbean, exploiting significant changes in pension design and (iii) understand the impact of pension reform in access to pension benefits, poverty, inequality and overall fiscal sustainability of pension systems.

The Research Fellow program offers selected candidates the opportunity to provide support in the development of VPS’ research work, including organizing and analyzing databases, elaborating descriptive statistics, and suggesting ways of performing estimations. The Research Fellow will also help prepare the working papers or other publications, presentations, and different research-related activities, as needed.

The program is open to citizens from IDB member countries who are under 33 years of age as of April, 2024 (or 38 years of age for the diversity groups defined in the Bank’s Young Professionals Diversity Program) and have a graduate degree from a recognized university or accredited institution.

What you’ll do

• Identify, compile, and organize databases.
• Prepare data and conduct econometric analysis in support of evaluation and research.
• Prepare background studies, literature reviews, and other research support activities.
• Provide methodological, statistical, and econometric support.
• Support eventual data collection activities, if needed, including preparations of questionnaires, manuals, field work, and other tasks as required.
• Contribute to the preparation of presentations for seminars and workshops.
• Participate in missions, as required.
• Maintain an active participation in VPS’ research agenda and participate in academic discussions on research findings.

  Responsible person : Economic Principal Advisor VPS.

  What you’ll need

  • Education : Holding a Master’s Degree in Economics, Public Policy, or related field in Economics, Public Policy, or related field.
  • Experience : Some relevant professional experience. Professional experience in research projects is preferred. Strong background in econometrics, mathematics, and statistics is required, as well as experience in applied econometric methodologies.
  • Languages : Proficiency in at least two of the Bank’s official languages (one being English or Spanish).

    Key skills

    • Learn continuously.
    • Collaborate and share knowledge.
    • Focus on clients.
    • Communicate and influence.
    • Innovate and try new things.

      Requirements

      • Citizenship: You are a citizen of one of our 48-member countries. We may offer assistance with relocation and visa applications for you and your eligible dependents.
      • Consanguinity: You have no family members (up to fourth degree of consanguinity and second degree of affinity, including spouse) working at the IDB Group.

        Type of contract and duration

        • Type of contract and modality : Consultant (Research fellow)
        • Length of contract : 24 months
        • Work Location : IDB Headquarters, Washington D.C.

          What we offer

          • The IDB group provides benefits that respond to the different needs and moments of an employee’s life. These benefits include:
          • A competitive compensation packages.
          • Leaves and vacations : 2 days per month of contract + gender- neutral parental leave.
          • Health Insurance : the IDB Group provides a monthly allowance for the purchase of health insurance.
          • Savings plan : The IDB Group cares about your future, depending on the length of the contract, you will receive a monthly savings plan allowance.
          • We offer assistance with relocation and visa applications for you and your family when it applies.
          • Hybrid and flexible work schedules.
          • Development support: We offer learning opportunities to boost your professional profile such as seminars, 1:1 professional counseling, and much more.
          • Health and wellbeing: Access to our Health Services Center which provides preventive care and health education for all employees.
          • Other perks: Lactation Room, Daycare Center, Gym, Bike Racks, Parking, and others.

            Our culture

            At the IDB Group we work so everyone brings their best and authentic selves to work, willing to try new approaches without fear, and where they are accountable and rewarded for their actions.

            Diversity, Equity, Inclusion and Belonging (DEIB) are at the center of our organization. We celebrate all dimensions of diversity and encourage women, LGBTQ+ people, persons with disabilities, Afro-descendants, and Indigenous people to apply.

            We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job interview process. If you are a qualified candidate with a disability, please e-mail us at diversity@iadb.org to request reasonable accommodation to complete this application.

            Our team in Human Resources carefully reviews all applications.

            About IDB

            We work to improve lives in Latin America and the Caribbean. Through financial and technical support for countries working to reduce poverty and inequality, we help improve health and education and advance infrastructure. Our aim is to achieve development in a sustainable, climate-friendly way. With a history dating back to 1959, today we are the leading source of development financing for Latin America and the Caribbean. We provide loans, grants, and technical assistance; and we conduct extensive research. We maintain a strong commitment to achieving measurable results and the highest standards of integrity, transparency, and accountability.

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            Additional Information

            • External Opening Date: Feb 21, 2024
            • External Closing Date: Mar 1, 2024
            • External Contact Email: hrsc@iadb.org
            • External Contact Name: HR Service Center
            • Job Field: Technical Support

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