research assistant federal reserve

Research Assistants work with economists on timely analysis of economic data as well as long-term academic research. Learn more about what to expect and how to apply.

What skills and knowledge can I expect to gain while working as an RA?

• Economics: RAs are exposed to the frontier of economic research on an ongoing basis through daily work on long-term research projects and policy-related forecasting, attending seminars, and taking classes at local universities, such as the University of Chicago and Northwestern University.
• Programming: RAs acquire a wide range of specialized and general programming skills in the course of their tenure. While Stata and R are the two most commonly used tools, Matlab and Python (among others) are also being utilized regularly. RAs have the unique opportunity to learn parallel computing techniques and work with very large data sets.
• The Policymaking Process: The key goal of the Research Department to provide high-quality timely input for monetary policymaking. The RAs play an important role in attaining this goal. In the process, they learn about the modeling and empirical tools for formulating policy-relevant forecasts.
• Analysis of High Frequency Data: RAs learn about a variety of data sources, gauge their relative usefulness in answering time-critical questions, and design ways to access this information quickly and reliably.
• Writing for Diverse Audiences: RAs are tasked with working on projects for very different target audiences. Some of the projects are very technical and specialized in nature and are geared toward academics. Other projects summarize ongoing economic trends and/or research findings and need to be written for the interested layperson.
• The Lifecycle of Academic Research: RAs are exposed to multiple stages of academic research from formulation of the initial idea to subsequent implementation and documentation of the analysis, presentation of the results, submission of the paper for peer review, ensuing revisions, and so on to the beginning of the next project.

What is the work environment like?

Economic Research has a collegial and academic environment that emphasizes learning and teaching at all stages of careers. Members of the Research department collaborate to serve the public good and to challenge and support one another on their assumptions, thinking, and conclusions.

How is the Research department organized?

The department consists of the following teams: finance, macroeconomics, microeconomics, regional analysis, policy studies, and policy communications. Each of these teams has a distinct focus and a broad research agenda. Economists collaborate widely across teams, both on policy and research. Learn more about the economists and their research.

RAs are assigned to a particular team, depending on existing needs and qualifications. An RA typically provides primary research support for one or two economists and is engaged in a number of policy analysis projects that may include economists from different teams.

What are the typical career paths pursued by RAs?

Many former RAs pursue graduate degrees in fields such as economics, law, business administration, or public policy. Recent RAs have attended top-rated graduate programs at universities such as the University of Chicago, UC-Berkeley, Yale, NYU-Stern, Northwestern, Duke, the University of Wisconsin, and Princeton. Several Chicago Fed RAs have been awarded a National Science Foundation Graduate Fellowship.

Former RAs have also accepted challenging and competitive positions elsewhere in the Chicago Fed, the Federal Reserve System and in the private sector.

How flexible are work hours?

The department of Research, Policy, & Public Engagement has shifted to a hybrid model post the height of COVID. Tuesday through Thursday is in-person, while Monday and Fridays are work from home – although most RAs come in person daily! The schedule can also be modified to accommodate any class attendance.

What benefits does the Chicago Fed Offer?

Health, dental and vision insurance, commuter and health club benefits, and a 401(k) savings plan.

I have a master’s degree. Should I apply?

Absolutely. Candidates with a master’s degree are able to further develop their skills for future doctoral studies or to prepare for a transition to other career tracks.

Are there other opportunities for undergraduates?

The Chicago Fed offers a Summer Intern program. The Research Department program emphasizes advanced assignments—with opportunities for summer interns to enhance their skills through critical financial analysis, research and writing, and formal presentations—making it ideal for students, especially rising seniors, interested in applying for the Research Assistant position. More information is available at the Research Summer Internship page.

What are the U.S. Residency requirements for this position?

Bank policy specifies that candidates must be:

• U.S. citizens
• U.S. nationals or
• U.S.permanent residents who intend to apply for naturalization within six months of being eligible to do so.

RAs are not eligible for sponsorship.

What if I want to be a Research Assistant in a different location?

Research Assistants are needed in programs throughout the Federal Reserve System. Please check out the System RA page to apply .

When and how do I apply?

The yearly application cycle begins in early September. Sign up to be notified when applications open.

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Research Analysts

• Analysis of topical issues in public policy, financial markets, and the U.S. and global economies. Such projects often culminate in reports or presentations to the Bank’s president and senior management.
• Long-term academic research on a wide range of applied and theoretical topics. Many RAs have the opportunity to coauthor scholarly articles.
• Background in economics, mathematics, statistics, or a related field
• Experience in data analysis and using statistical packages (e.g., R, Stata, Matlab, Julia, SAS, Gauss, TSP, RATS, EViews, PROCSQL), or other computer programming experience (e.g., Java, C++, Python)
• Strong analytical and decision-making abilities and good communication skills
• Required: Upload Resume/CV and an academic transcript (from the institution you most recently attended/currently attend)
• Optional: Cover letter
• Note: Letters of recommendation will not be considered

The majority of RAs enter graduate or professional degree programs after leaving the New York Fed. Many pursue a Ph.D. in economics or finance, with recent RAs joining programs in universities such as Berkeley, University of Chicago, Harvard, MIT, Princeton, Stanford, and Yale. Others go on to pursue degrees in business, law, and public policy from leading institutions.

New York Fed RAs also have a strong track record of obtaining fellowships: More than ten received fellowships from the National Science Foundation in 2020-23.

Fortune 500 companies and other top employers are seeking the skills and expertise you will gain as an RA. Former RAs have accepted positions at the Bank, while others have become leaders in the business, banking, higher-education, research, and nonprofit sectors.

An aspect of the Fed culture that I highly value is the emphasis on continuous learning, particularly within the Research group. The economists I worked with exemplified a genuine commitment to nurturing my development by involving me in all aspects of the research process, even during times it took longer to do so. They went out of their way to collaborate with me like a peer.

     The support I received from my colleagues extended beyond my day-to-day responsibilities. When I was applying to graduate school, the economists went above and beyond to guide me in the process, which undoubtedly played a crucial role in my application results.

     Outside of mentorship from economists, opportunities to expand my knowledge were abundant. Several times a week, I was able to attend seminars given by visiting scholars, which exposed me to a wide range of research areas. Thanks to the tuition assistance program, I took two fully funded graduate math courses in Probability and Measure Theory at NYU, which was both challenging and fun! I joined a committee on financial inclusion, where I contributed to a white paper on the disparate access to consumer financial products.

     My time at the New York Fed has not only equipped me with a strong foundation in economic research, but has fueled my passion for learning and made a lasting impact on my career trajectory.

As an RA, I’ve been surprised by the many opportunities I’ve had to take the lead and generate ideas on research projects. Most of my work has focused on student loans—analyzing potential forgiveness plans and the effects of the pause on payments during the COVID-19 pandemic. On these projects, not only did I provide research analysis, but the economists actively encouraged me to contribute ideas and interpret results.

     There were many times that I generated an idea for a specification or chart and was encouraged to see it through, and I’ve written large parts of research blogs and papers interpreting our results. I have been able to co-author multiple blogs on Liberty Street Economics and a research paper that’s currently under review at an academic journal.

     Further, the economists encouraged me to generate and develop my own research ideas. With Daniel Mangrum, I worked on a project analyzing the impacts of legalizing sports betting on consumer credit. He worked with me to generate the idea and develop it—he provided guidance throughout and we hope to co-author an academic paper when the project is completed. All in all, I’ve been very grateful for the opportunities to contribute to research projects and gain valuable experience as I now head to graduate school in economics.

I loved my time as an intern at the New York Fed. My internship project was initially slated to be about recent changes in small business access to credit, with an eye toward the recent rise of “fintech” (financial technology) lenders. However, this topic was finalized in February of 2020….so plans quickly changed! I instead spent the summer of 2020 working on understanding the ins and outs of the Paycheck Protection Program (PPP)—a massive government credit program designed to help small businesses weather the storm without laying off their employees.

     The experience and skills I developed over my ten weeks as an intern immediately helped me to become a better researcher—what questions were important? How could we use our data and analysis to convincingly answer them? The economists with whom I worked were instrumental in helping me along the way—I was consistently encouraged to provide my own views and opinions on our analysis of the data.

     This dynamism—shifting gears to a totally different and extremely time-relevant project on short notice—really highlights why the NY Fed is such a unique and exciting place for someone new to research. When something as fundamental as the pandemic hits the global economy, Fed economists are equipped and encouraged to pursue real-time research that helps to inform policy design.

The RA cohort, and the Research Group more generally, have provided such a supportive and collegial environment for me to carry out my work and to acquire new skills. In addition to collaborating with RAs on my team on both policy and research projects, RAs from all over the floor have helped me with coding questions, cleaning unfamiliar data sets, and even course work for the Time Series Analysis course I took at CUNY Hunter while an RA.

     The RAs encompass such a wide breadth of expertise in different coding languages, econometric techniques, and subject areas, so there is truly always someone to answer whatever question you might have. The same is certainly true for the economists. Although RAs mainly work with economists within their department, I’ve had the chance to build relationships with economists all over the floor, both through our formal mentorship program and simply because Fed economists tend to be very approachable and willing to discuss your research interests and your plans for the future. With the economists I’ve worked most closely with, I’ve enjoyed how interested they have been to hear my perspective on the projects we’ve worked on together.

The RA program allows me to learn how an economist approaches a question and to sharpen my research skills from coding (Stata, SQL, Python and so on) to time management. What truly sets the NY Fed program apart for me are exposure to policy projects and channels to learn from experts beyond my direct supervisors.

In my first year, for example, I worked with my economist supervisor Matteo Crosignani on a joint project with the Bank for International Settlements. We built on the CLASS framework—developed by my other supervisor Anna Kovner—and tried to gauge how rising interest rates could impact the largest U.S. banks. Experiences like this reinforce my interest to become a policy-minded financial researcher.

     I also had abundant opportunities to learn from experts from within and outside of the Bank. Through the internal RA Mentoring Program, I paired up with Jason Somerville and Antoine Martin, two economists with distinct interests and in different divisions than mine. In addition, our seminar organizers almost always make sure to reserve time slots for all RAs to meet with speakers. I was also able to learn from external speakers and visiting scholars about how they navigate their career from entering graduate school to becoming an independent thinker.

     Many of my RA peers went on to pursue paths other than an economics Ph.D. Several of them told me that they found the RA experience useful in clarifying how research in general would fit in their career. For example, in a typical policy project, an RA could be involved in a collaboration between the Research, the Markets and the Supervision Group—and the team members bring their unique research capabilities to the table, with or without a Ph.D.

Note: Research analysts' names are in bold .

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Federal Reserve System Opportunities

Explore our locations to find a full-time RA position or summer internship that interests you.

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Job opportunities will be posted on a rolling basis as they become available.  Please check back soon!

A great way to prepare for a full-time RA position is to spend a summer with us. Our internships give you the opportunity to test drive the role of a research assistant, gain insights on courses that will help prepare you for a career in economics, and some valuable work experience in public service. Subscribe to our email alerts to be notified of job postings.

Our economic and financial research and on-the-ground economic insights inform monetary policy, contribute to academic research, and foster a greater understanding of the overall economic environment.

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Our research supports the 7th District's ongoing analysis of the U.S. and global economy and monetary policy as well as issues related to bank regulation, the payments system, and financial markets.

Our research focuses on macroeconomic policy and forecasting, applied microeconomics, banking and finance, and regional conditions. We draw on this research to advise the Bank president on emerging policy issues within the Fourth District, across the nation, and around the world.

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We examine economic issues that deeply affect our communities, both within our six-state region of the Ninth Federal Reserve District and nationally.

Our research focuses on far-reaching national and international economic topics and policy-oriented analysis, alongside local matters pertinent to the diverse and prominent Second District.

Our research spans from urban economics to consumer finance to macroeconomics and monetary policy. Our academic research and analysis of local and national economic developments are integral to the Philadelphia Fed's monetary policy deliberations.

Our research covers a lot of ground, and includes monetary policy, macroeconomics, banking, financial institutions and markets, payments systems, urban economics, labor, climate change, health, and education. We also spend time analyzing national and regional economic conditions.

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Our research focuses on a wide variety of topics related to monetary policy, international finance, financial stability, payment systems, supervision and regulation of banks, and consumer and community affairs.

Frequently Asked Questions

Ra recruiting frequently asked questions.

Research assistants provide computational and research-related support to the economists of the Boston Fed. Duties may include working on longer-term research projects intended for publication in academic journals, assisting in analyzing current policy issues, or generating the reports and analysis to be included in Fed publications and in Federal Open Market Committee (FOMC) materials.

What qualifications are you looking for in a Research Assistant?

We are seeking candidates with an undergraduate degree with a concentration or extensive coursework in economics, computer science, mathematics, statistics or related field. Candidates must possess an excellent academic record and strong written and oral communication skills. While RAs are not “computer programmers,” the nature of Fed projects requires them to write code that will perform advanced computations and automate certain processes. In your application, you should highlight any experience you have had with computers and IT systems. Some of the most popular statistical packages and languages used at the Fed are Matlab, Stata, and SAS or “R”.

Additionally, candidates should demonstrate a strong foundation in mathematics and statistics. Coursework in linear algebra, calculus, and statistics will prove highly useful. Training in economics through the intermediate-theory level will also be advantageous. Since each of our economists specializes in a specific area of economics, such as equity markets or regional studies, each RA in turn has the opportunity to focus on a distinct area of finance and economics. In your application, please indicate any preferences that you may have. Please see a description of our economists for more information on their areas of study. U.S. citizenship is required for Research Assistant positions.

What opportunities will I have to develop skills for my career?

In addition to developing expertise in a number of widely-used statistical packages such as SAS, Matlab, and Stata, you will have the opportunity to assist top economists in cutting-edge research. In their time at the Boston Fed, most RAs report developing a new comfort with quantitative modeling, applied economic theory, and higher-order mathematical concepts. Most RAs become specialized in a particular area of finance or economics, such as fixed-income instruments or risk management, and are able to apply their experience in subsequent positions or in graduate study. Those RAs who continue on to graduate school report that their time with the Boston Fed strengthened their applications and helped solidify their decision to pursue graduate work.

In addition, the Bank's tuition reimbursement plan allows employees the opportunity to pursue a degree part-time or take classes to explore other job opportunities in the Bank. In the Research Department, there are frequent seminars and luncheons with economists, econometricians, and other social scientists from the academic, government, and private communities on the latest research.

What benefits do you offer to Research Assistants?

Some of the benefits that the Bank offers incoming RAs are flexible work schedules, tuition reimbursement, health and dental insurance, paid vacation, sick leave, thrift plan, on-site fitness center and squash courts, and a subsidized cafeteria. More details can be found on the Human Resources benefits page .

How long is the Research Assistant position?

The Research Assistant position is typically a two-year position. Most RAs find that two years is sufficient to learn the economic, modeling, computational and research skills associated with the job. However, RAs who remain for a third year find that they are given more opportunities to conduct independent research and present findings at seminars, conferences, and briefings. They also gain greater exposure to Bank initiatives and projects.

What do Research Assistants do after they leave the Fed?

The majority of RAs leave the Boston Fed to pursue graduate study. Although the largest number return to school to seek PhDs in economics, recent RAs have proceeded on to top law schools, business schools, and public policy or other graduate programs.

In addition, many RA’s are able to continue their careers in the public and private sectors. Positions are constantly available in other departments of the Boston Fed, as well as at other Reserve Banks or at the Board of Governors. Within the private sector, many RAs place into the financial sector, at investment or commercial banks or financial research firms. Recent RAs have also gone on to positions as diverse as economic consulting firms, the USAID, the Foreign Service, and education non-profits.

Does the Research Department hire summer interns?

Yes, The Research Department summer internship program is open to undergraduate and graduate students majoring in economics, finance, statistics or mathematics. Interns are matched with one or more economists who conduct research in areas related to the intern’s field of interest. We accept applications annually beginning in the Spring and successful candidates begin work in late May. Questions about our summer internship program may be directed to: [email protected] .

Does the Bank have a summer internship program?

Yes. The Bank’s summer internship program is open to students who have completed their sophomore year of college by the start of the internship. The program emphasizes advanced assignments with opportunities for students to enhance their business skills, critical financial analysis, and research and writing assignments, making it ideal for graduates interested in applying for the Research Assistant Program in the future. Learn more about the Bank’s summer internship program .

Where can I find more information on visiting Boston?

The Greater Boston Convention and Visitors Bureau ( http://www.bostonusa.com ) has information on hotels, transportation, attractions, museums, shopping, and nightlife.

Boston.com ( http://www.boston.com ) has reviews of the top restaurants, theaters, movies, and other activities during your stay.

How do I get to the Bank?

The Federal Reserve Bank of Boston is located at 600 Atlantic Ave, overlooking Fort Point Channel in downtown Boston. We are directly across the street from South Station on the Red and Silver Lines. Directions are available on our web site.

Does the Bank offer any relocation assistance if I move from elsewhere?

We provide RAs with a generous signing bonus which can be used for relocation expenses and we provide information on Boston neighborhoods and housing options. Send a note to [email protected] if you would like to learn more.

What should I include for the writing sample?

The writing sample should be an analytical piece and approximately 3-5 pages in length. Examples may be an excerpt from a thesis or paper from an economics or political science course.

Do I need to send an official transcript?

Initially, an unofficial transcript is fine, although we may ask for an official transcript at some point in the recruiting process. If your transcript is in a language other than English, an unofficial translation is fine, although we may ask for an official translation later.

Whom can I contact for more information?

If you would like to know more about the responsibilities and benefits of working as a research assistant, you may email us at [email protected] .

Federal Reserve Research Assistant

The work of Research Assistants with the Federal Reserve is used to help economists and the Board of Governors understand aspects of the economy and how they relate to monetary policy decisions. RAs are expected to stay in their position for 2-3 years, and many go on to pursue graduate studies while others take jobs in government, policy organizations, or industry.

Employers: The Federal Reserve

Qualifications/Preferred Skills: A bachelor's degree in economics, math, or a related field is required. Candidates must have demonstrated proficiency with at least one statistical software package or programming language (Stata and R most important, MATLAB, SAS, or Unix/Linux helpful).

How will your economics degree help in this field? As a Federal Reserve Research Assistant, you will be doing exactly what you may have studied in economics - data work, coding, and economic analysis. This is a great springboard toward graduate work in economics.

National Average Salary: $60,000

​References: Former BYU students Daryl Larsen and Elijah Broadbent have created this guide to working at the Federal Reserve as research assistants. Check it out to discover if this is the right job for you, what the job is like, and how to apply. https://www.federalreserve.gov/careers-research-assistants.htm https://www.glassdoor.com/Salary/Federal-Reserve-Board-Research-Assistant-Salaries-E142008_D_KO22,40.htm

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Federal Reserve Bank of Boston

Research assistant.

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The Research Assistant (RA) program at the Boston Fed is a two-year program designed for recent college graduates with a background in economics, math, statistics, or related fields. RAs work with economists on a variety of research projects and provide support for ongoing analysis of the New England, U.S., and global economies and monetary policy, as well as bank regulation, the payments system and financial markets.

Positions are available in our Research Department starting in June 2024. The Research Department provides current economic analysis and policy advice to Federal Reserve decision makers and conducts innovative research with the aim of improving our understanding of the regional, U.S. and global economies and encouraging better policy outcomes.

The Boston Fed is an equal opportunity employer and is committed to supporting and fostering diversity within the broader economics research community. If you are interested in gaining meaningful work experience, expanding your career options, and serving the public, we encourage you to apply for our Research Assistant Program.

Applications will be collected on a rolling basis until positions are filled.

RA Responsibilities

• Review, organize, and analyze economic and financial data.
• Write programs using statistical software such as STATA, MATLAB, R, SAS or Python
• Conduct literature reviews, perform thorough data analysis, and prepare written summaries of results for economists.
• Prepare charts and tables using spreadsheet and data visualization software packages.
• Conduct economic research for policy memos and for articles intended for publication by The Boston Fed, academic journals, and business periodicals.
• Design programs to clean data, perform statistical tests, and run regressions. Update and maintain data series regularly used by economists.
• Proofread, edit, and fact-check articles and papers.

Qualifications

• A bachelor’s degree in economics, math, statistics, computer science, international relations, or related field with concentration in economics.
• Strong analytical, communications, and organization skills.
• Familiarity with programming languages and statistical software packages such as STATA, Python, Matlab, R, and knowledge of statistics and econometrics.
• Prior research or classroom experience analyzing data.

Other Requirements

• Research Assistant positions require U.S. citizenship or permanent residency.

How to Apply

• Applications must include the following to be considered:
• Cover letter: Cover letters should be addressed to Jeffrey Kelley, Recruiting Manager. It should include your statement of interest in the position, including how a research assistant position at the Fed is relevant to your career aspirations, as well as particular qualities or skills that make you a good candidate.
• Résumé: Résumés should include all education information, including institutions attended and areas of concentration, overall undergraduate GPA as well as GPA in your major, graduate GPA (if applicable), computer skills, and relevant work experience.
• Writing sample . Your writing sample should be 3-5 pages, preferably on an economic topic and should include technical content. Writing samples might include papers from undergraduate economics classes or a thesis. Excerpts from longer pieces are acceptable.
• Transcript: We accept unofficial transcripts from each college or university attended as part of your application. If you become a finalist for a position, we will ask that you submit an official transcript.
• Recommendation Letters . Two letters of recommendation are required, one from an economics professor. Letters should be emailed to Sonia Pierre at [email protected] . Please request that they include your name in the subject line of the email.

Careers in the Research Division

The Division's research economists expand the frontier of economic knowledge by producing high-quality original research in the areas of macroeconomics, money and banking, and applied microeconomics. They contribute to monetary policy discussions by advising the Bank president on a range of topics, especially in preparation for Federal Open Market Committee (FOMC) meetings.

Learn more about opportunities for

Business Economist

Junior Research Economists

Senior Research Economists

• Dissertation Interns
• Research Associates

Research Interns

Working in the research division.

Economists in the Research Division have a primary responsibility to conduct research. Our economists publish in numerous refereed journals and present at conferences all over the world. Economists develop their own research topics; then, in a collegial environment, they are challenged to move their ideas even further. All the necessary supports are in place to allow them to focus on what they do best—research.

Through the presentation of their ideas, interaction with peers, or exchanges with seasoned scholars, the professional development of our staff economists is necessary and ongoing. Further, our mission clearly states we are to "expand the frontier of economic knowledge around the globe." To those ends, our economists travel throughout the United States and the world.

Economists in the Research Division are supported by professionals with expertise in a wide variety of services. Our Research Automation Group, dedicated to meeting the IT needs of the Research Division manages the hardware and software. The librarians in our Homer Jones Memorial Library facilitate access to numerous economic and business databases, data services, subscriptions to major news publications, and our specialized research collection. Our Publications team of staff editors is available to assist all of our economists in improving their papers, book reviews, letters, conference presentations, and more. Learn more about how we work in this  2021 interview  with  B. Ravikumar , our Deputy Director of Research.

Beyond the Fed, St. Louis's local universities will help you maintain valuable ties with academia. The St. Louis Fed partners with Saint Louis University , Washington University in St. Louis , and the University of Missouri—St. Louis (as well as regional universities and organizations) to present seminars and organize conferences. Research Division economists collaborate with local faculty on research projects and also serve as visiting professors at these universities from time to time.

St. Louis offers a wide variety of social, cultural, and recreational amenities. Learn more about our home city in this 2019 New York Times article.

Job Opportunities

We, the Economic Research Division of the Federal Reserve Bank of St. Louis, are looking for you, a Business Economist.

A little about us: The Economic Research Division of the Federal Reserve Bank of St. Louis is known as one of the top economic research institutions in the world. Shaping the debate on key economic issues through research and active engagement is an essential part of the mission of the Economic Research Division and the Federal Reserve Bank of St. Louis.

A little about you: As a Business Economist, you will analyze, prepare, and present economic and financial information to a diverse group of internal and external constituents.  This includes periodic updates on these topics for the Bank’s President.

The Research Division of the Federal Reserve Bank of St. Louis is seeking junior research economists (those with less than 5 years of post-PhD experience). The primary responsibilities include publishing in leading professional journals, maintaining an active research agenda, and providing analysis on monetary and other policy issues.

Candidates must demonstrate a potential for outstanding scholarly achievement. 

The Research Division of the Federal Reserve Bank of St. Louis is seeking experienced research economists. The primary responsibilities include publishing in leading professional journals, maintaining an active research agenda, and providing advice on monetary and other policy issues.

A Ph.D. in Economics is required. Candidates must have an outstanding record of scholarly achievement and at least 5 years of post-Ph.D. experience. All applicants should send their curriculum vitae and samples of research to [email protected] . We will begin reviewing applicants immediately and continuously until the positions are filled.

Ph.D. Dissertation Fellows

The Research Division of the Federal Reserve Bank of St. Louis offers dissertation fellow positions to Ph.D. students in economics. The position targets students with strong research interest. The purpose of the program is to increase the students’ experience and exposure to scholarly research.  The students will interact with the research economists at the Bank as well as visiting Washington University faculty, various other visiting scholars, and other dissertation fellows.  

Qualifications/Skills

• Applications are open to Ph.D. students from all Ph.D.-granting colleges and universities (in the U.S. and abroad).
• Applicants must have passed their qualifying examinations and must be at the dissertation stage of their program.
• Students that expect to finish their Ph.D. in 2025 are preferred.
• The program will be in-person, lasting 3-4 weeks, beginning August 5, 2024. 
• Students will be expected to make one formal presentation at the Dissertation Fellows’ Workshop on August 13-14, 2024.

We are currently accepting applications for 8 open positions during the summer of 2024.  The application deadline is Monday, March 18, 2024.

To apply, 

1.  Submit the online application for the dissertation fellow position @  https://econjobmarket.org/posi...

• curriculum vitae
• paper or writing sample

2. A letter from the principal academic advisor commenting on the applicant's potential for producing a high-quality dissertation, the importance of the topic to the profession, and the progress that has been made to date must be uploaded to your econjobmarket submission. 

For questions or concerns, please contact  [email protected]

Research Associates  

Research associates (RAs) at the St. Louis Fed are full-time professionals with degrees in economics who work with the Division’s economists on producing and communicating economic research. The St. Louis Fed hires several Research Associates each year. Learn about our current RAs here .

We are not accepting applications for RAs at this time. We will begin accepting applications for Spring/Summer 2020 start dates in August 2019. We will hold interviews in October and November, and extend offers on a rolling basis. To learn more about the position and apply visit https://research.stlouisfed.org/RAjobs

Research associates (RAs) at the St. Louis Fed are full-time professionals with degrees in economics who work with the Division’s economists on producing and communicating economic research. The St. Louis Fed hires several Research Associates each year. We completed hiring for the Summer/Fall 2024 start date.

What are the day-to-day activities?  

• Perform statistical, econometric, computational and analytical research that economists can use for publication in academic journals.
• Utilize statistical packages such as Stata, SAS, R, Matlab, Fortan, Python and C++.
• Collect, organize and interpret economic and financial data.
• Review academic journals, market sources and government reports.
• Write memoranda or assist economists in developing memoranda and presentations on current economic and financial conditions and policy issues.
• Attend to additional assignments, including gathering and organizing survey data and anecdotal information and summarizing economic data for the Beige Book.

Qualifications

• A GPA of 3.5 or above
• Bachelor’s degree in economics
• Econometrics
• Linear algebra
• Differential equations
• At least two semesters of calculus
• Previous economic research experience, such as undergraduate research assistant, research-related internship or independent research project.

For questions or concerns, contact  [email protected]

The Federal Reserve Bank of St. Louis has a Summer Internship Program that allows you the opportunity to learn about economics in the United States through the perspective of the Federal Reserve System. Internships are available in multiple areas within the Research Division: Economic Education; Research Analysts; Web Development, Historical Online Collection/FRASER and Library; and FRED. 

Summer 2024 positions have been filled.

For questions or concerns, contact: [email protected]

Research Information Services 

The Research Division employs web developers, data scientists, librarians, project managers, and specialists in a wide variety of roles to support the products in our  Research Information Services  unit, including  FRED ,  FRASER , and  Econ Lowdown . Any open positions in these teams will be advertised on the  St. Louis Fed careers site . Learn more about the FRED team's commitment to innovation in  this recent podcast episode . 

The Federal Reserve Bank of St. Louis has a summer internship program that allows you the opportunity to learn about economics in the United States through the perspective of the Federal Reserve System. We begin accepting applications for the following summer in September, hold interviews in October and November, and extend offers on a rolling basis.

About the program

The program consists of:

• Direct exposure to bank operations
• Valuable work experience in public service
• Developmental workshops
• Q&A sessions with senior leaders
• Departmental information and networking sessions
• Mentoring program
• Structured capstone experience

There are opportunities for undergraduate students who possess strong interpersonal, analytical, communication, and organizational skills with a solid work ethic and strong motivation to learn.

Available positions

Internships are available in multiple areas within the Research Division.

ECONOMIC EDUCATION

• Review online learning modules for ease of use and relevance to audience.
• Work with video closed captioning and website tagging processes.
• Work with staff to produce economic education content.
• Assist staff with summer programs and email outreach for educators.
• Support various website development initiatives.
• Click here for more information about this group.

PUBLICATIONS

• Expand categorization scheme for our published content: Identify common themes and propose logical connections between our published work and related (FRED) data series and other Research content.
• Tag published economic content to aid content management.
• Craft summaries of our published work, including possible mini-abstracts for the newsletter and compilations of various content that analyze common topics/themes.
• Give feedback on online content related to ease of use, ease of reading, and relevance to audience.
• Support some steps in the pre-press editorial/production process, especially proofreading.
• Research data sources and methodologies of macroeconomic data series.
• Compile anecdotal information from business contacts in the 8th district.
• Create charts and tables of economic indicators.
• Conduct statistical and econometric data analysis in programs such as STATA, Matlab, and R.
• Write summary reports on methodology and results.

HISTORICAL ONLINE COLLECTION

• Process a digitization project, including scanning, image editing, and metadata creation.
• Complete an internal project to add to FRASER’s efficient and effective operations. Potential projects include:
• Investigate FRASER collection for images to use for visual marketing.
• Evaluate and make suggestions to FRASER’s existing education page.
• Identify historical legislation relating to the Federal Reserve, banking, and economics to be added to FRASER.
• Create a timeline of resources for a topic relevant to FRASER materials.
• Write short articles for Inside FRASER and FRED Blog highlighting FRASER content.
• Develop Python scripts to automate the FRED data and metadata updates.
• Evaluate existing series against the source website documentation for further metadata clarification.
• Document metadata changes and process.
• Learn agile development best practices.

INFORMATION TECHNOLOGY MANAGEMENT

• Work with Scrum master in our agile environment.
• Attend sprint planning sessions.
• Attend SCRUMs, assist in removing impediments for team.
• Facilitate backlog grooming sessions.
• Assist in automation of various processes.
• Work with SharePoint and Nintex workflow.
• Must have a 3.5+ overall GPA
• Rising college junior or senior
• Candidate for Bachelor’s degree in Economics, Business (finance or information systems emphasis), or related field.
• Candidates with a demonstrated interest and strong proficiency in (a) English/journalism/creative writing, (b) computer science, or (c) math/statistics are strongly preferred.
• All positions require excellent Excel, Word, and Adobe Acrobat skills. Other software requirements are noted within the descriptions above.
• Interest in monetary policy, macroeconomics, and macroeconomic and banking data is a must.

How to Apply

Interested applicants must email all of the following documents to [email protected]

• cover letter
• unofficial transcript
• brief writing sample
• completed summary file: Intern_Applicant_Summary_File.docx

Please use the following as the subject line: Summer 2018 Research Intern: Last Name, First Name

For questions or concerns, contact [email protected]

The Federal Reserve Bank of St. Louis is an Equal Opportunity Employer.

SUBSCRIBE TO THE RESEARCH DIVISION NEWSLETTER

Research division.

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Information for Visitors

Research Analysts Program

The Dallas Fed Research Analyst position is a great opportunity for recent college graduates to gain knowledge, skills and insight into a research career. Research Analysts typically work for two years before moving on to graduate school, the private sector, other research institutions or another position within the Bank.

• Publications

About the position

Research Analysts spend their time working with economists on analysis of current economic conditions as well as long-term research projects for publication. This involves computer programming to access and manipulate data, producing charts and other graphics, conducting statistical and econometric analysis, running forecasting models, reviewing and summarizing background literature and economic reports, collecting survey data and anecdotal information and summarizing it for the Beige Book, and even co-authoring Bank publications.

Qualifications

• Undergraduate degree, with classwork in economics, statistics, econometrics and at least two semesters of calculus and/or linear algebra
• Familiarity with writing programs in software such as Stata, R, Matlab, SAS or Eviews
• Ability to accurately and succinctly describe economic trends in writing
• Previous research experience is a big plus
• U.S. citizenship or permanent residence is required

How to apply

Recruitment of RAs begins in the fall for positions starting in the following spring/summer. Once the RA job posting is opened in the fall, applications are reviewed on a rolling basis; candidates are strongly encouraged to apply early. A limited number of additional RA positions may be hired for in the spring when necessary.

About the Research Department

The Federal Reserve Bank of Dallas Research Department helps fulfill the Bank’s core monetary policy mission through the production of substantive research and public outreach. Through regular briefing documents, memos and oral presentations, research staff prepare the Bank president for Federal Open Market Committee meetings and inform the board of directors of current economic conditions.

The department encourages cutting-edge research; staff members engage in ambitious research projects to publish in academic journals. Staff members also speak at business, academic and government meetings and Bank-sponsored conferences, luncheons and workshops.

Economists and Research Analysts are divided into four groups, which specialize in international, macroeconomics, microeconomics/regional, and energy economics.

Why work at the Dallas Fed?

• The Dallas Fed Research Department has unique expertise in energy economics, immigration, trade and tracking inflation. Texas is the top producer of crude oil and natural gas in the nation, making energy an integral part of the state’s economy; the Dallas Fed has a group of economists focused on energy markets and their impact on overall economic activity. Texas also has the second-longest international border of all U.S. states, which the state shares with Mexico; several economists at the Dallas Fed focus on trade and immigration, and the Dallas Fed has a strategic partnership with Banco de Mexico. The Dallas Fed also developed and maintains the widely-followed Trimmed Mean PCE inflation rate.
• Research Analysts (RAs) are assigned to one of the four groups . By working with the economists in one group, they develop specialized knowledge, skills and data expertise that wouldn’t be possible if working in many areas. RAs typically work with two to three economists in a group, which means that they develop strong relationships with the economists rather than being just one in a pool of many. Our economists are interested in helping RAs understand the projects they work on, and RAs are encouraged to ask questions and discuss work with the economists.
• While RAs are assigned to one group, the Dallas Fed Research Analyst community is very collegial, and RAs often share information and best practices across groups. Not only is the RA group highly collaborative at work, they also enjoy activities together outside of work.
• The Dallas Fed Research Department gives RAs the opportunity to write articles for Bank publications , often publishing Bank articles as co-authors with economists. Additionally, there are some opportunities to co-author academic work with economists, giving RAs further insight into the research process.
• The Dallas Fed hosts seminars and brownbag series that showcase works in progress by Dallas Fed economists and bring in economists from across the Federal Reserve System and from academia. Dallas Fed RAs are encouraged to attend these presentations and interact with the visiting scholars.

About the Dallas Fed

As one of twelve regional Reserve Banks in the Federal Reserve System, the Dallas Fed serves the Eleventh Federal Reserve District, which consists of Texas, northern Louisiana and southern New Mexico .

Our Mission is to serve the interests of the American public by informing and influencing our nation's monetary policy, fostering financial stability and delivering quality services to the United States government and the financial institutions in our region.

Our Core Values are honesty and integrity; diversity, inclusion and mutual respect; and outstanding public service. In addition to the head office in Dallas, the Dallas Fed has three branches: El Paso , Houston and San Antonio .

Diversity and inclusion

The Bank recognizes diversity and inclusion as core values that contribute to our success as an organization. Since our people are our most valuable asset, we are committed to maintaining a diverse workforce, furthering creativity and innovation and enhancing productivity. Our diverse perspectives reflect our unique qualities and experiences, add value to those we serve and build trusted relationships. We foster a community of commitment to each other by valuing each other and the contributions each of us makes to the organization, demonstrating mutual respect in all we do and offering opportunities for meaningful work.

Living in Dallas

The Dallas–Fort Worth metroplex is a richly diverse area, home to 7.2 million people, making it the fourth largest metro area in the country. With an affordable cost of living, Dallas is a great place to live, work and play, with 12,000 places to eat, the largest contiguous Arts District in the nation, sports, entertainment and more.

• Dallas is globally connected and centrally located. Served by two airports (Dallas/Fort Worth International and Dallas Love Field) that combined provide more than 2,200 flights daily, Dallas is within a four-hour flight of most North American destinations.
• Full of both Southern charm and global culture, Dallas’ various neighborhoods offer something for everyone—breweries, concerts, urban art, a farmers market, vibrant nightlife, museums and fine arts performances, to name a few.
• Six professional sports teams call Dallas home, including the Dallas Cowboys (NFL), Dallas Stars (NHL), Dallas Mavericks (NBA), Dallas Wings (WNBA), FC Dallas (MLS) and the Texas Rangers (MLB).
• Outdoor activities are abundant with the city’s more than 23,000 acres of parks (including the Klyde Warren Park next to the Bank with food trucks, live entertainment and free activities) and 125 miles of hike and bike trails, including the popular Katy Trail (3.5 miles in the heart of Dallas) and White Rock Lake (9.33 miles located approximately 5 miles northeast of downtown).

“The uptown area of Dallas is an amazing place for young professionals starting their careers. The area offers plenty of fine and casual dining venues as well as a great nightlife and happy hour environment. Walking distance from professional sporting events at the American Airlines Center and the arts in the museum district, you will surely have a copious amount of things to do. With BBQ in Deep Ellum and access to Fort Worth via the train (TRE), impressing visiting family members and friends is always easy.” — Arthur Hinojosa, Research Analyst

“Living downtown has energized me to explore Dallas, and I’ve been thrilled discovering both the city and its suburbs. Simply walking to work in the city makes me feel more at home within it. After work, whether I’m jogging on the Katy Trail or attending a late night Nasher Sculpture Museum event, I truly enjoy being among people. I find the same excitement venturing beyond the city proper, into the Bishop Arts District or even more suburban areas, because I uncover something new in each experience.” — Alex Abraham, Research Analyst

Kenya Schott

Selected publications

The following list showcases some of the publications that have been authored or co-authored by Research Analysts.

*Dallas Fed Research Analyst

• Pia M. Orrenius, Madeline Zavodny and Emily Gutierrez*, 2017 “Do State Employment Eligibility Verification Laws Affect Job Turnover?” Contemporary Economic Policy , forthcoming.
• Michael Plante and Navi Dhaliwal*, 2017 “Inventory Shocks and the Oil–Ethanol–Grain Price Nexus,” Economics Letters , Vol. 156, pages 58-60.
• Alan Armen* and Tyler Atkinson, 2017 “ America’s Missing Workers Are Primarily Middle Educated ,” Dallas Fed Economic Letter Vol. 12, No. 4.
• Keith R. Phillips and Christopher Slijk*, 2017 “ Texas Economy Shifting into Second Gear in 2017 ,” Dallas Fed Southwest Economy First Quarter 2017.
• Navi Dhaliwal*, 2016 “ Spotlight: Texas Has ‘All-of-the-Above’ Energy Approach ,” Dallas Fed Southwest Economy Fourth Quarter 2016.
• Michael Sposi and Kelvinder Virdi*, 2016 “ U.S. Productivity Growth Flowing Downstream ,” Dallas Fed Economic Letter Vol. 11, No. 12.
• Alexander Chudik and Arthur Hinojosa*, 2016 “ Impact of Chinese Slowdown on U.S. No Longer Negligible ,” Dallas Fed Economic Letter Vol. 11, No. 5.
• John V. Duca, Anthony Murphy and Elizabeth Organ*, 2016 “ Increased Credit Availability, Rising Asset Prices Help Boost Consumer Spending ,” Dallas Fed Economic Letter Vol. 11, No. 4.
• Enrique Martínez-García, Valerie Grossman* and Adrienne Mack*, 2015 " A Contribution to the Chronology of Turning Points in Global Economic Activity (1980–2012)," Journal of Macroeconomics , Vol. 46(C), pages 170-185.
• Pia M. Orrenius, Madeline Zavodny and Melissa LoPalo*, 2014 “The Economics of U.S. Immigration Reform,” Capitalism and Society , Vol. 9, No. 2, Article 3.
• Enrique Martinez-Garcia, Adrienne Mack* and Valerie Grossman*, 2014 “A New Database of Global Economic Indicators,” Journal of Economic and Social Measurement , Vol. 39(3), pages 163-197.
• Christina English*, 2013 “ For Hispanics, Border Wage Gap Reflects Education, English Divide ,” Dallas Fed Southwest Economy Third Quarter 2013.
• Keith R. Phillips and Christina Daly*, 2010 “Improving the ACCRA U.S. Regional Cost of Living Index,” Journal of Economic and Social Measurement , Vol. 35(1-2), pages 33-42.
• Pia M. Orrenius and Michael Nicholson*, 2009 “Immigrants in the U.S. Economy: A Host-Country Perspective,” Journal of Business Strategies , Vol. 26.

What should I include for the writing sample?

How is the dallas fed research department organized.

In the energy area, research centers on the market forces and policies that shape world energy prices and their effect on overall economic activity. Recent topics include the differential effects of demand and supply shocks on the economy and the implications for monetary policy.

Recent papers from this group: “What Drives Commodity Price Booms and Busts?” “Non-Renewable Resources, Extraction Technology, and Endogenous Growth”

International economists are responsible for studying international economies and global economic relationships. Research from this group focuses on better understanding how the process of deepening economic integration between the countries of the world alters the environment in which U.S. monetary policy decisions are made.

Recent papers from this group: “Measuring the World Natural Rate of Interest” “Good Policies or Good Luck? New Insights on Globalization and the International Monetary Policy Transmission Mechanism”

Macroeconomists and monetary policy specialists provide information and analysis to the Bank’s president and directors to assist them in devising and implementing effective policy. This group also conducts long-term research to increase our understanding of the macroeconomy and the channels through which it is influenced by monetary policy and to develop improved methods for tracking and forecasting changes in macroeconomic conditions.

Recent papers from this group: “Forward Guidance and the State of the Economy” “Equity Regulation and U.S. Venture Capital Investment”

Dallas Fed regional and microeconomists monitor economic conditions in Texas and Mexico, manage several business outlook surveys, and engage in short- and long-term research on topics that are particularly relevant to the U.S. Southwest, including economic growth, immigration, trade, energy, housing, public finance, consumer finance and the border economy.

Recent papers from this group: “New Findings on the Fiscal Impact of Immigration in the United States” “Do Restrictions on Home Equity Extraction Contribute to Lower Mortgage Defaults? Evidence from a Policy Discontinuity at the Texas’ Border”

How do Research Analysts spend their work day?

• Gather, organize and visualize economic and financial data; review academic and policy reports, present findings (compile background research)
• Conduct statistical programming using packages such as Stata, Matlab, R, SAS or Eviews
• Perform econometric and computational analytic research and run forecasting models
• Write short articles for Bank publications and the website
• Write memos or assist economists in developing memos, briefings and presentations for the Bank president and senior leadership
• Collect survey data and anecdotal information and summarize for the Beige Book

What are typical career paths of Dallas Fed Research Analysts?

RAs at the Dallas Fed move on to:

• Graduate school: 59%
• Federal Reserve Bank of Dallas: 19%
• Private sector: 15%
• Other research institution: 7%

Recent school placements:

• Boston College
• Rice University
• University of Texas
• University of California – San Diego
• Southern Methodist University
• Carnegie Mellon

What opportunities are there for continued learning on the job?

• Training in software like Stata and R
• Tuition reimbursement up to $9,500 per year for Master’s level economics classes after three months of service ( other Bank benefits )
• RA brownbag seminars
• Seminars by Dallas Fed and visiting economists

Are Research Analysts’ work hours flexible?

• RAs are expected to be in the office during normal business hours.
• Regular schedules can be modified to accommodate class attendance.

Is this a long-term position?

Research Analysts typically stay at the Fed for two years. This is sufficient time to learn the research skills needed for the job and to prepare them for the next stage of their careers.

What are the benefits?

For a comprehensive listing of Bank benefits, view Our Benefits .

Highlights include:

• Tuition reimbursement
• Health, dental and vision insurance
• 401(k) savings plan with employer matching up to 6%
• Commuting and parking benefits
• Fitness center benefits

What other opportunities are available for undergrads?

• Internship Program

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Federal Reserve Board of Governors: Research Assistants

A Day in the Life of a Research Assistant (Click the link at the bottom of the page for the Video)

Each year, the Board of Governors of the Federal Reserve System (the Board) hires a new cohort of Research Assistants (RAs) who gain real-world experience by working alongside PhD economists to assist with  original economic research  and provide critical support for  policy analysis . The RA position is a two-year program and most RAs leave the role well-suited to pursue a graduate degree, often in economics, or a number of different careers at the Board or with other organizations. While at the Board, RAs often become involved in a variety of other projects, including collaboration with various government agencies and Federal Reserve System Banks, and participate in efforts to provide  economic and financial literacy instruction  to local high school students. RAs are encouraged to attend academic  research seminars  and presentations given by Board economists and visiting scholars. The Board is committed to attracting, developing, and retaining a diverse workforce. We recognize the benefit derived from different perspectives and experiences, and we look carefully at candidates’ records to identify individuals whose perspectives could benefit our work. As such, we especially encourage submissions from groups traditionally less represented in economics. Want to learn more about the RA experience across the Federal Reserve System? Visit  fedeconjobs.org . While there, be sure to navigate to  Opportunities ~> Washington, DC  to learn more about our focus on policy and the national outlook, as well as the application, offer, and onboarding process.

Duties/Responsibilites RAs at the entry level use standard statistical techniques and a general knowledge of microeconomic or macroeconomic theory to assist economists in their current reporting, research, modeling, forecasting, database maintenance, and regulatory casework.

• Carries out assignments in support of current analysis, research, forecasting, modeling efforts, or regulatory casework, or activities associated with the Federal Reserve's statistical program by using and/or modifying standard statistical and graphics software packages and by developing ad hoc computer programs of moderate complexity.
• Assumes responsibility for the preparation of and verification of data in the section's charts, tables, and other material used in memoranda and briefings to the Board, in the implementation of policy through open market operations, in data books or testimony for Board members, in casework, or in publications such as the Federal Reserve Bulletin.
• Assists economists in monitoring well-defined subject areas or project developments; drafts routine reporting memoranda and analytical memoranda of limited complexity.
• Performs literature searches and summaries.
• Handles routine requests for data or other information from the public, Federal Reserve Banks, or government agencies.

Qualifications

• Bachelor’s or master’s degree in economics, statistics, math, or a related field with demonstrated economics coursework.
• Knowledge of economic principles, quantitative techniques, and data analysis.
• Statistical software package or programming language experience such as Stata, R, MatLab, Linux/Unix, VBA, and others.
• Demonstrated strong communication skills, initiative, integrity, and experience working both independently and collaboratively.

About the Application Process

Recruiting Cycles and Deadlines RAs are selected during two main recruitment cycles in the fall and spring. Applications are not reviewed until after each respective deadline.

Fall Recruitment Cycle Completed applications accepted August 15-October 15 (Deadline)

• Interviews conducted October-November.
• Offers extended on a rolling basis starting in October and continuing until the conclusion of the fall cycle.
• Candidates not selected during the fall recruitment cycle will automatically be considered during the spring recruitment cycle.
• Incomplete applications submitted during the fall recruitment cycle can be completed and considered during the spring recruitment cycle.

Spring Recruitment Cycle Completed applications accepted October 21 – January 31 (Deadline)

• Interviews conducted February–April.

Off-Cycle Recruitment  Very infrequently, positions may become available for immediate placement outside of the fall and spring cycle. Depending on the timing, candidates for these positions are drawn from the fall and spring cycle application pools.

How to Apply All application materials listed below, including recommendation letters, must be received by the application deadline to be considered by our hiring committee. U.S. citizenship is required for Research Assistant positions.

1. Application email

• Cover letter
• Unofficial transcript from every institution attended (study abroad if not included in undergraduate transcript, graduate programs, etc.)
• Names & contact information of intended recommender(s).

2. Letter(s) of recommendation (minimum of one, maximum of two)

• At least one letter of recommendation must be submitted on your behalf; however, it is strongly encouraged that you have two letters submitted. A maximum of two letters will be accepted.
• Recommendations can be academic or professional.
• Please have your recommenders send their letter directly to  [email protected]  with the subject line “RA Recommendation: LASTNAME, FIRSTNAME”. (Example- RA Recommendation: DOE, JANE).

3.  Candidate Information Form

• Submit this form immediately after sending your Application Email. This form only needs to be submitted once through the above link. You do not need to attach a copy of your responses to your application email.

Privacy Act Notice (PDF) The Board complies with the Rehabilitation Act of 1973, as amended, and provides job applicants with disabilities reasonable accommodations to assist them in applying for jobs at the Board. If you have a disability and would like to request an accommodation in order to apply for a job at the Board, please call  202-452-3880  or e-mail  [email protected] .

Watch the Day in the Life of an RA! https://www.federalreserve.gov/careers-research-assistants.htm

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Center for Financial Research

Research Assistants

Join the center as a research assistant.

Each year, the Center for Financial Research hires a number of research assistants (RAs), who work closely with economists to conduct quantitative analysis and produce scholarly research.

Research at the Center focuses on banking, financial markets, consumer finance, risk measurement, deposit insurance, and systemic risk, among other topics. RAs are offered the opportunity to advance their knowledge of research in these areas through studying the relevant literature; assembling, manipulating, and analyzing data; and supporting scholarly papers produced by economists. The Center offers RAs training in SAS, Stata, and other statistical packages.

RA positions are limited to a two-year term, with possible one-year extensions, not to exceed four years in total length. RAs have gone on to PhD and other graduate programs at top universities, pursued careers in the financial sector and consulting, and advanced to higher positions within the FDIC and other agencies.

If you have any questions, please contact Adam Bovenzi at (571) 232-9689.

Sign up to receive announcements about RA recruitment by joining our email distribution list .

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Federal Reserve Bank of Boston

Research assistant.

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The Research Assistant (RA) program at the Boston Fed is a two-year program designed for recent college graduates with a background in economics, math, statistics, or related fields. RAs work with economists on a variety of research projects and provide support for ongoing analysis of the New England, U.S., and global economies and monetary policy, as well as bank regulation, the payments system and financial markets.

Positions are available in our Research Department starting in June 2024. The Research Department provides current economic analysis and policy advice to Federal Reserve decision makers and conducts innovative research with the aim of improving our understanding of the regional, U.S. and global economies and encouraging better policy outcomes.

The Boston Fed is an equal opportunity employer and is committed to supporting and fostering diversity within the broader economics research community. If you are interested in gaining meaningful work experience, expanding your career options, and serving the public, we encourage you to apply for our Research Assistant Program.

Applications will be collected on a rolling basis until positions are filled.

RA Responsibilities

• Review, organize, and analyze economic and financial data.
• Write programs using statistical software such as STATA, MATLAB, R, SAS or Python
• Conduct literature reviews, perform thorough data analysis, and prepare written summaries of results for economists.
• Prepare charts and tables using spreadsheet and data visualization software packages.
• Conduct economic research for policy memos and for articles intended for publication by The Boston Fed, academic journals, and business periodicals.
• Design programs to clean data, perform statistical tests, and run regressions. Update and maintain data series regularly used by economists.
• Proofread, edit, and fact-check articles and papers.

Qualifications

• A bachelor’s degree in economics, math, statistics, computer science, international relations, or related field with concentration in economics.
• Strong analytical, communications, and organization skills.
• Familiarity with programming languages and statistical software packages such as STATA, Python, Matlab, R, and knowledge of statistics and econometrics.
• Prior research or classroom experience analyzing data.

Other Requirements

• Research Assistant positions require U.S. citizenship or permanent residency.

How to Apply

• Applications must include the following to be considered:
• Cover letter: Cover letters should be addressed to Jeffrey Kelley, Recruiting Manager. It should include your statement of interest in the position, including how a research assistant position at the Fed is relevant to your career aspirations, as well as particular qualities or skills that make you a good candidate.
• Résumé: Résumés should include all education information, including institutions attended and areas of concentration, overall undergraduate GPA as well as GPA in your major, graduate GPA (if applicable), computer skills, and relevant work experience.
• Writing sample . Your writing sample should be 3-5 pages, preferably on an economic topic and should include technical content. Writing samples might include papers from undergraduate economics classes or a thesis. Excerpts from longer pieces are acceptable.
• Transcript: We accept unofficial transcripts from each college or university attended as part of your application. If you become a finalist for a position, we will ask that you submit an official transcript.
• Recommendation Letters . Two letters of recommendation are required, one from an economics professor. Letters should be emailed to Sonia Pierre at [email protected] . Please request that they include your name in the subject line of the email.

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Federal Reserve Bank of Boston

Research assistant.

• Share This: Share Research Assistant on Facebook Share Research Assistant on LinkedIn Share Research Assistant on X

The Research Assistant (RA) program at the Boston Fed is a two-year program designed for recent college graduates with a background in economics, math, statistics, or related fields. RAs work with economists on a variety of research projects and provide support for ongoing analysis of the New England, U.S., and global economies and monetary policy, as well as bank regulation, the payments system and financial markets.

Positions are available in our Research Department starting in June 2024. The Research Department provides current economic analysis and policy advice to Federal Reserve decision makers and conducts innovative research with the aim of improving our understanding of the regional, U.S. and global economies and encouraging better policy outcomes.

The Boston Fed is an equal opportunity employer and is committed to supporting and fostering diversity within the broader economics research community. If you are interested in gaining meaningful work experience, expanding your career options, and serving the public, we encourage you to apply for our Research Assistant Program.

Applications will be collected on a rolling basis until positions are filled.

RA Responsibilities

• Review, organize, and analyze economic and financial data.
• Write programs using statistical software such as STATA, MATLAB, R, SAS or Python
• Conduct literature reviews, perform thorough data analysis, and prepare written summaries of results for economists.
• Prepare charts and tables using spreadsheet and data visualization software packages.
• Conduct economic research for policy memos and for articles intended for publication by The Boston Fed, academic journals, and business periodicals.
• Design programs to clean data, perform statistical tests, and run regressions. Update and maintain data series regularly used by economists.
• Proofread, edit, and fact-check articles and papers.

Qualifications

• A bachelor’s degree in economics, math, statistics, computer science, international relations, or related field with concentration in economics.
• Strong analytical, communications, and organization skills.
• Familiarity with programming languages and statistical software packages such as STATA, Python, Matlab, R, and knowledge of statistics and econometrics.
• Prior research or classroom experience analyzing data.

Other Requirements

• Research Assistant positions require U.S. citizenship or permanent residency.

How to Apply

• Applications must include the following to be considered:
• Cover letter: Cover letters should be addressed to Jeffrey Kelley, Recruiting Manager. It should include your statement of interest in the position, including how a research assistant position at the Fed is relevant to your career aspirations, as well as particular qualities or skills that make you a good candidate.
• Résumé: Résumés should include all education information, including institutions attended and areas of concentration, overall undergraduate GPA as well as GPA in your major, graduate GPA (if applicable), computer skills, and relevant work experience.
• Writing sample . Your writing sample should be 3-5 pages, preferably on an economic topic and should include technical content. Writing samples might include papers from undergraduate economics classes or a thesis. Excerpts from longer pieces are acceptable.
• Transcript: We accept unofficial transcripts from each college or university attended as part of your application. If you become a finalist for a position, we will ask that you submit an official transcript.
• Recommendation Letters . Two letters of recommendation are required, one from an economics professor. Letters should be emailed to Sonia Pierre at [email protected] . Please request that they include your name in the subject line of the email.

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Federal Reserve Bank of Boston

Research assistant.

• Share This: Share Research Assistant on Facebook Share Research Assistant on LinkedIn Share Research Assistant on X

The Research Assistant (RA) program at the Boston Fed is a two-year program designed for recent college graduates with a background in economics, math, statistics, or related fields. RAs work with economists on a variety of research projects and provide support for ongoing analysis of the New England, U.S., and global economies and monetary policy, as well as bank regulation, the payments system and financial markets.

Positions are available in our Research Department starting in June 2024. The Research Department provides current economic analysis and policy advice to Federal Reserve decision makers and conducts innovative research with the aim of improving our understanding of the regional, U.S. and global economies and encouraging better policy outcomes.

The Boston Fed is an equal opportunity employer and is committed to supporting and fostering diversity within the broader economics research community. If you are interested in gaining meaningful work experience, expanding your career options, and serving the public, we encourage you to apply for our Research Assistant Program.

Applications will be collected on a rolling basis until positions are filled.

RA Responsibilities

• Review, organize, and analyze economic and financial data.
• Write programs using statistical software such as STATA, MATLAB, R, SAS or Python
• Conduct literature reviews, perform thorough data analysis, and prepare written summaries of results for economists.
• Prepare charts and tables using spreadsheet and data visualization software packages.
• Conduct economic research for policy memos and for articles intended for publication by The Boston Fed, academic journals, and business periodicals.
• Design programs to clean data, perform statistical tests, and run regressions. Update and maintain data series regularly used by economists.
• Proofread, edit, and fact-check articles and papers.

Qualifications

• A bachelor’s degree in economics, math, statistics, computer science, international relations, or related field with concentration in economics.
• Strong analytical, communications, and organization skills.
• Familiarity with programming languages and statistical software packages such as STATA, Python, Matlab, R, and knowledge of statistics and econometrics.
• Prior research or classroom experience analyzing data.

Other Requirements

• Research Assistant positions require U.S. citizenship or permanent residency.

How to Apply

• Applications must include the following to be considered:
• Cover letter: Cover letters should be addressed to Jeffrey Kelley, Recruiting Manager. It should include your statement of interest in the position, including how a research assistant position at the Fed is relevant to your career aspirations, as well as particular qualities or skills that make you a good candidate.
• Résumé: Résumés should include all education information, including institutions attended and areas of concentration, overall undergraduate GPA as well as GPA in your major, graduate GPA (if applicable), computer skills, and relevant work experience.
• Writing sample . Your writing sample should be 3-5 pages, preferably on an economic topic and should include technical content. Writing samples might include papers from undergraduate economics classes or a thesis. Excerpts from longer pieces are acceptable.
• Transcript: We accept unofficial transcripts from each college or university attended as part of your application. If you become a finalist for a position, we will ask that you submit an official transcript.
• Recommendation Letters . Two letters of recommendation are required, one from an economics professor. Letters should be emailed to Sonia Pierre at [email protected] . Please request that they include your name in the subject line of the email.

RA Positions – Federal Reserve System

The Board of Governors and the 12 Federal Reserve Banks throughout the country are currently recruiting upcoming graduates to fill multiple Research Assistant positions that will become available in spring and summer 2022.  The positions are full-time, salaried, and offer full benefits, including tuition assistance.

Research Assistants work closely with economists at the top of their fields on a variety of research questions and real-world policy issues while developing a toolkit beneficial for graduate study and future career paths. Research Assistants typically work for two to three years, before going on to competitive graduate programs or pursuing other careers.

We seek individuals with strong academic records and excellent written and oral communication skills. Competitive candidates should have intermediate coursework in economics and a strong foundation in mathematics and statistics. We also look for prior research experience, demonstrated interest in economics, programming experience, and familiarity with statistical programming packages, such as STATA, MATLAB, and R. Most positions require US citizenship, but some Reserve Banks consider non-U.S. citizen candidates.

Interested students will find general information about our Research Assistant program at  www.fedeconjobs.org . This site also directs candidates to specific information and application instructions for each of the Federal Reserve Banks and the  Board . Candidates must submit separate applications to each location of interest.

Please also see the flyer  here .

If students have any questions, they can feel free to contact me by emailt  [email protected]>

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420 West 118th Street

New York, NY 10027

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Eckerd College junior earns summer research scholarship to study alongside the Federal Reserve Board

Julianna Kinser’s goal is to get a Ph.D. in economics and become a professor. Photo by Penh Alicandro ’22

“I thought there was no way I was going to get in,” recalls Eckerd College junior Julianna Kinser. “It was a one-in-a-million shot. But I hoped what would help was my interest in teaching, and in sharing what I know with underserved communities.”

She was right. It did.

Julianna, an economics and mathematics student from Brentwood, Tennessee, recently received a full scholarship to attend the American Economic Association ’s annual Summer Training Program—an intensive, two-month residential program hosted by Howard University in partnership with the Women’s Institute for Science, Equity and Race , along with the Board of Governors of the Federal Reserve .

Two weeks after spring semester classes end on May 10, Julianna will be in Washington, D.C., to begin four graduate-level courses at Howard and work on her research with help from members of the Howard faculty and the Federal Reserve Board. Students receive training in microeconomics, math, econometrics and research methods.

“I found out about the program from Dr. [Kat] Robinson [Ph.D, assistant dean of faculty at Eckerd], and the more I read about it, the more intriguing it became,” Julianna explains. “Especially the focus on increasing the diversity within the field. That’s an admirable goal.

“We’ll get to work on a project of our own interest. For me, it’s how different factors are affecting consumer debt in the country. I think that’s a very pressing issue right now and the cause of a lot of financial problems. The average credit card holder has about $8,000 of debt. And that’s been steadily increasing. And then there’s student loan debt. A lot of graduates don’t have the ability to get the mortgage they want. Those are just two examples.

“There are a lot of different ways to look at this problem,” Julianna adds, “but it’s exciting research. We’ll have Federal Reserve Board members acting as mentors. My ultimate goal is to get a Ph.D. in economics and become a professor.”

Established in 1885, according to its website, the AEA is a nonprofit, nonpartisan, scholarly association “dedicated to the discussion and publication of economics research.”

Howard University’s website claims that since 1974, the AEA Summer Training Program and Scholarship Program have aimed to increase diversity in the field of economics by preparing undergraduates for doctoral programs in economics and related disciplines . As many as 20% of doctorate degrees in economics awarded to people from marginalized communities over the past 20 years belong to graduates of the programs.

“My grandparents had a huge influence on teaching me about the importance and impact of service to others,” Julianna says. “It was a huge part of my upbringing, and I have always been interested in finding ways where I can best use my skills to impact people positively.

“I came to Eckerd because I wanted to experience something new, and I was very excited to be in an environment where I could explore a lot of different interests. I’ve been working in the Peer Mentor Program since I was a sophomore, and I’ve gained a lot of experience that will help me if I become a professor in the future.”

Julianna also serves as president of Delta Sigma Pi , Eckerd’s coed business fraternity, and as a microeconomics tutor.

“I first met her in my Principles of Macroeconomics class,” says Peter Hammerschmidt, Ph.D. , professor of economics at Eckerd and one of Julianna’s mentors. “She did very well, and I told her she should consider economics as her major. She did. And then later on, I was so impressed with her, I hired her to be a tutor. The day after her first day on the job, her students told me I should hire her full time. They were all raving about how helpful she was.

“I think Julianna will do just fine in Washington.”

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Federal Reserve Bank of Boston

Research assistant.

• Share This: Share Research Assistant on Facebook Share Research Assistant on LinkedIn Share Research Assistant on X

The Research Assistant (RA) program at the Boston Fed is a two-year program designed for recent college graduates with a background in economics, math, statistics, or related fields. RAs work with economists on a variety of research projects and provide support for ongoing analysis of the New England, U.S., and global economies and monetary policy, as well as bank regulation, the payments system and financial markets.

Positions are available in our Research Department starting in June 2024. The Research Department provides current economic analysis and policy advice to Federal Reserve decision makers and conducts innovative research with the aim of improving our understanding of the regional, U.S. and global economies and encouraging better policy outcomes.

The Boston Fed is an equal opportunity employer and is committed to supporting and fostering diversity within the broader economics research community. If you are interested in gaining meaningful work experience, expanding your career options, and serving the public, we encourage you to apply for our Research Assistant Program.

Applications will be collected on a rolling basis until positions are filled.

RA Responsibilities

• Review, organize, and analyze economic and financial data.
• Write programs using statistical software such as STATA, MATLAB, R, SAS or Python
• Conduct literature reviews, perform thorough data analysis, and prepare written summaries of results for economists.
• Prepare charts and tables using spreadsheet and data visualization software packages.
• Conduct economic research for policy memos and for articles intended for publication by The Boston Fed, academic journals, and business periodicals.
• Design programs to clean data, perform statistical tests, and run regressions. Update and maintain data series regularly used by economists.
• Proofread, edit, and fact-check articles and papers.

Qualifications

• A bachelor’s degree in economics, math, statistics, computer science, international relations, or related field with concentration in economics.
• Strong analytical, communications, and organization skills.
• Familiarity with programming languages and statistical software packages such as STATA, Python, Matlab, R, and knowledge of statistics and econometrics.
• Prior research or classroom experience analyzing data.

Other Requirements

• Research Assistant positions require U.S. citizenship or permanent residency.

How to Apply

• Applications must include the following to be considered:
• Cover letter: Cover letters should be addressed to Jeffrey Kelley, Recruiting Manager. It should include your statement of interest in the position, including how a research assistant position at the Fed is relevant to your career aspirations, as well as particular qualities or skills that make you a good candidate.
• Résumé: Résumés should include all education information, including institutions attended and areas of concentration, overall undergraduate GPA as well as GPA in your major, graduate GPA (if applicable), computer skills, and relevant work experience.
• Writing sample . Your writing sample should be 3-5 pages, preferably on an economic topic and should include technical content. Writing samples might include papers from undergraduate economics classes or a thesis. Excerpts from longer pieces are acceptable.
• Transcript: We accept unofficial transcripts from each college or university attended as part of your application. If you become a finalist for a position, we will ask that you submit an official transcript.
• Recommendation Letters . Two letters of recommendation are required, one from an economics professor. Letters should be emailed to Sonia Pierre at [email protected] . Please request that they include your name in the subject line of the email.

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Federal Reserve Bank of Boston

Research assistant.

• Share This: Share Research Assistant on Facebook Share Research Assistant on LinkedIn Share Research Assistant on X

The Research Assistant (RA) program at the Boston Fed is a two-year program designed for recent college graduates with a background in economics, math, statistics, or related fields. RAs work with economists on a variety of research projects and provide support for ongoing analysis of the New England, U.S., and global economies and monetary policy, as well as bank regulation, the payments system and financial markets.

Positions are available in our Research Department starting in June 2024. The Research Department provides current economic analysis and policy advice to Federal Reserve decision makers and conducts innovative research with the aim of improving our understanding of the regional, U.S. and global economies and encouraging better policy outcomes.

The Boston Fed is an equal opportunity employer and is committed to supporting and fostering diversity within the broader economics research community. If you are interested in gaining meaningful work experience, expanding your career options, and serving the public, we encourage you to apply for our Research Assistant Program.

Applications will be collected on a rolling basis until positions are filled.

RA Responsibilities

• Review, organize, and analyze economic and financial data.
• Write programs using statistical software such as STATA, MATLAB, R, SAS or Python
• Conduct literature reviews, perform thorough data analysis, and prepare written summaries of results for economists.
• Prepare charts and tables using spreadsheet and data visualization software packages.
• Conduct economic research for policy memos and for articles intended for publication by The Boston Fed, academic journals, and business periodicals.
• Design programs to clean data, perform statistical tests, and run regressions. Update and maintain data series regularly used by economists.
• Proofread, edit, and fact-check articles and papers.

Qualifications

• A bachelor’s degree in economics, math, statistics, computer science, international relations, or related field with concentration in economics.
• Strong analytical, communications, and organization skills.
• Familiarity with programming languages and statistical software packages such as STATA, Python, Matlab, R, and knowledge of statistics and econometrics.
• Prior research or classroom experience analyzing data.

Other Requirements

• Research Assistant positions require U.S. citizenship or permanent residency.

How to Apply

• Applications must include the following to be considered:
• Cover letter: Cover letters should be addressed to Jeffrey Kelley, Recruiting Manager. It should include your statement of interest in the position, including how a research assistant position at the Fed is relevant to your career aspirations, as well as particular qualities or skills that make you a good candidate.
• Résumé: Résumés should include all education information, including institutions attended and areas of concentration, overall undergraduate GPA as well as GPA in your major, graduate GPA (if applicable), computer skills, and relevant work experience.
• Writing sample . Your writing sample should be 3-5 pages, preferably on an economic topic and should include technical content. Writing samples might include papers from undergraduate economics classes or a thesis. Excerpts from longer pieces are acceptable.
• Transcript: We accept unofficial transcripts from each college or university attended as part of your application. If you become a finalist for a position, we will ask that you submit an official transcript.
• Recommendation Letters . Two letters of recommendation are required, one from an economics professor. Letters should be emailed to Sonia Pierre at [email protected] . Please request that they include your name in the subject line of the email.