Research Associate

Federal Reserve System • Boston, MA

13d • $78,000 • Onsite

About The Position

The Research Associate (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 that start in June 2027. 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. 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 Associate Program. Applications will be reviewed on a rolling basis until all positions are filled. Incomplete applications will not be considered. Please make sure to include all requested information including 2 letters of recommendation.

Requirements

• 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.
• U.S. citizenship.
• Resided in the United States for at least three (3) years.

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.

Benefits

• The salary for this position is $78,000.
• The Boston Fed believes in salary transparency.
• The final salary and offer will be determined by the applicant’s background, skills, internal equity, and alignment with market data.
• Whether you’re developing into the job or are a more seasoned candidate, we aim to pay competitively.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level