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Octavio Morales is an analyst at DIW Econ. During his studies, he gained experience in numerous companies and organisations of the Sparkassen-Finanzgruppe, including the Economics, Financial Markets and Economic Policy Department of the German Savings Banks and Giro Association. Here, he was primarily concerned with questions of monetary policy and the economy. Most recently, he worked in the Antitrust and Competition department at NERA Economic Consulting and was responsible for the preparation and quantitative analysis of complex company data sets. Octavio holds a Bachelor’s degree in Economics and a Master’s degree in Economics from the Free University of Berlin. His main focus was the microeconometric analysis of fiscal policy issues. During his Master’s studies he also completed modules of the International Trading Systems programme at St. Petersburg State University in Russia during a semester abroad.