Economists at the Federal Reserve Board conduct cutting edge research on a broad range of topics in economics and finance and contribute substantive policy analyses used by the Board of Governors and the Federal Open Market Committee. In addition to presenting their research to policymakers, Board economists share their research at academic conferences and publish it in peer-reviewed scholarly journals and other outlets. Many preliminary research papers are circulated as Federal Reserve Working Papers and are posted on the Board's public website. Research by Board economists is not limited to monetary economics, but explores the full range of topics in macroeconomics, microeconomics, econometrics, banking, and finance. The Board provides an excellent research environment, with extensive computing facilities and access to data, the support of research assistants, and a large number of outside speakers and visitors as well as internal workshops for presenting work-in-progress.
The Federal Reserve Board employs over 300 Ph.D. economists, who represent an exceptionally diverse range of interests and specific areas of expertise. Most economists belong to the Division of International Finance, the Division of Monetary Affairs, or the Division of Research and Statistics, but a significant number of them are affiliated with the Office of Financial Stability Policy and Research, the Division of Banking Supervision and Regulation, the Division of Consumer and Community Affairs, and the Division of Reserve Bank Operations and Payment Systems. Our economists have a strong grounding in economic theory and quantitative methods, a keen interest in applying their knowledge to addressing real-world issues, the ability to communicate clearly, and impressive intellectual curiosity, personal initiative, and collegiality.
Candidates must have a Ph.D. in economics, finance, or a related discipline, or must be preparing to defend a Ph.D. dissertation. Candidates must demonstrate the potential to contribute substantially to research and policy analysis of interest to the Board of Governors and to the intellectual environment at the Board more generally. All positions are located in Washington, D.C.
All positions are located in Washington, D.C. To apply, candidates must e-mail a curriculum vita and one recent research paper and arrange for three letters of reference to be sent by e-mail to EconomistRecruiting@frb.gov.