Economic Research Economic Research

As part of the nation’s central bank, the Boston Fed shares responsibility for carrying out the Federal Reserve’s dual mandate—to promote price stability and maximize employment. The Research Department plays a key role in carrying out this mission by conducting original, empirical research, briefing the Bank President on our findings in preparation for his participation in FOMC deliberations and other monetary and economic policy discussions, providing analysis to our Board of Directors in support of their primary credit rate recommendations to the Board of Governors, and conducting periodic interviews with regional businesses to collect anecdotal information for the Beige Book.

We also aim to influence public policy decisions by participating in academic debates at conferences and through other scholarly outlets such as peer-reviewed journals. Our staff of economists, policy and data analysts, research assistants, computing technicians, editors, librarians and administrative specialists work together to achieve these goals.

Current Opportunities Current Opportunities

Financial Economist – Research Department Financial Economist – Research Department

The Research Department of the Federal Reserve Bank of Boston has an opening for a new or experienced financial economist. We have particular interest in candidates with expertise in the macro-finance aspects of financial intermediation and the implications for financial stability. The candidate will be expected to conduct and publish self-directed, policy-oriented research and will advise senior Bank management on regulatory and policy issues. Requirements include a Ph.D. in economics or finance; demonstrated research capability; and strong written and oral communication skills. Salary will be commensurate with background and experience.

The Research Department provides an outstanding research environment and has a proven track record of producing highly cited work. Information about the Research Department may be found at: https://www.bostonfed.org/about-the-boston-fed/business-areas/research.aspx

Fields: financial markets and macroeconomy, financial stability.

JEL: E44, E52

Application Procedure: Applications will only be accepted online via Econ Job Market. Please submit your curriculum vitae, your job market paper, a cover letter, and three letters of reference no later than November 19, 2021. All letters of recommendation must also be received by this date. As suggested by the American Economic Association all interviews will be conducted online.

Recent PhD graduates: https://econjobmarket.org/positions/7664

Senior economists: https://econjobmarket.org/positions/7669

Macroeconomist – Research Department Macroeconomist – Research Department

The Research Department of the Federal Reserve Bank of Boston has openings for new or experienced macroeconomists with expertise in monetary economics, international economics, or labor economics. The candidate(s) will be expected to conduct and publish self-directed, policy-oriented research and will advise senior Bank management on monetary policy issues. Requirements include a Ph.D. in economics; demonstrated research capability; and strong written and oral communication skills. Salary and position will be commensurate with background and experience.

The Research Department provides an outstanding research environment and has a proven track record of producing highly cited work. Information about the Research Department may be found at: https://www.bostonfed.org/about-the-boston-fed/business-areas/research.aspx

Fields: macroeconomics, monetary economics, international economics, labor economics

JEL: E2, E3, E5, F3, F4

Application Procedure: Applications will only be accepted online via Econ Job Market. Please submit your curriculum vitae, your job market paper, a cover letter, and three letters of reference no later than November 19, 2021. All letters of recommendation must also be received by this date. As suggested by the American Economic Association all interviews will be conducted online.

Recent PhD graduates: https://econjobmarket.org/positions/7667

Senior economists: https://econjobmarket.org/positions/7671

"As an economist in the Boston Fed’s Research department, I have the benefit of working in a collaborative, supportive, and non-vertical unit, that enables me to do research that contributes to economic and financial stabilization policies. I take pride in knowing that our research can make a positive change for people. The Bank leadership promotes a strong sense of community, organizes seminars and trainings for professional growth, and shows great consideration for the welfare of a diverse workforce."

Vaishali Garga, Research

Dissertation Fellowship Opportunities Dissertation Fellowship Opportunities

The Federal Reserve Bank of Boston offers paid in-residence fellowships for graduate students in economics to conduct research at the Federal Reserve Bank of Boston.

Learn more.

“At the Boston Fed I work with other research economists to figure out where the economy is headed—a crucial piece of information for monetary policy. In my work here, I have a lot more freedom to pursue policy-relevant topics that I might have shied away from in academia.”

Chris Foote, Research