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.
The Research Department of the Federal Reserve Bank of Boston has openings for a new or experienced economist with expertise in the areas of payments, banking, and financial regulation. The candidate will be working with the FedNow Service, a new instant payment service that is being developed by the Federal Reserve. In addition, 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; experience working with big data; 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/monetary-policy-and-economic-research.aspx
Now Hiring Summer Interns
The Research Department is currently accepting applications for full-time paid summer internships for undergraduate and graduate students majoring in economics, finance, statistics, mathematics, international relations, or related field with concentration in economics. Applications will be accepted through Friday, February 19, 2021 for positions that will start in May/June. Questions about the Research Department’s internship program may be emailed to ResearchIntern.email@example.com.
The application period for positions beginning in Summer 2021 has closed. 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 U.S. and global economies and encouraging better policy outcomes. We will begin accepting applications for full-time Research Assistant positions in the fall of 2021 for positions starting in the summer of 2022. Research Assistant positions require a two-year commitment.
If you have an interest in serving the public and seek a meaningful work experience as you consider graduate school and future career options, our Research Assistant Program can be an excellent interim step along your career path. Questions may be directed to Bos.RA.Recruiting@bos.frb.org.
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.