Federal Reserve Bank

Economist

Federal Reserve Bank$170K — $280K *
Education, Government & Non-Profit
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • PhD in Economics, Finance, or a related field preferred.
  • Expertise in macro/monetary economics, labor economics, econometrics/time series analysis, asset pricing and real estate welcome.
  • Strong analytical and modeling skills.
  • Experience in producing peer-reviewed academic research.
  • Familiarity with technical memoranda preparation and policy analysis.

Responsibilities

  • Conduct scholarly research for high-quality publication.
  • Perform rigorous analysis of policy issues using sophisticated econometric techniques.
  • Prepare technical memoranda and briefings for senior leadership.
  • Collaborate on model development, forecasts, and analytical tasks.
  • Engage in academic outreach through seminars and conferences.

Benefits

  • Fully paid Pension plan and 401k with generous match.
  • Comprehensive insurance plans including medical, dental, and vision.
  • Subsidized public transportation program.
  • Tuition assistance program for further education.
  • Onsite fitness and wellness center available.
Full Job Description
Economists provide analytic support for the New York Fed's core missions and engage in scholarly research on a broad range of topics. They contribute to the formulation and implementation of monetary policy, the supervision of financial institutions, the smooth operations of the payments system, the analysis of the impact of policies on consumers and communities and the way in which the financial system supports economic growth using insights from macroeconomics, microeconomics asset pricing and corporate finance. Areas of research include financial intermediation, monetary policy, household and public policy and financial stability. As an Economist, you will:
  • Conduct scholarly research for publication in high-quality, peer-reviewed academic journals.
  • Provide rigorous analysis of policy issues related to the Bank's mandate using advanced modeling and econometric techniques.
  • Contribute analytical work and prepare technical memoranda and briefings for senior bank leaders in support of policy decisions.
  • Collaborate with subject matter experts on model development, forecasts, and analysis.
  • Engage in outreach to the academic and official sector research communities through participation in seminars and conferences, as well as technical working groups.
  • Perform in accord with the Bank's touchstone behaviors, as described below.
What we are looking for:
  • PhD in Economics, Finance, or a related field preferred
  • Interests, expertise and proficiency in macro/monetary, labor economics, econometrics/time series analysis, asset pricing and real estate are especially welcome.
Please indicate your area of interest in your cover letter and/or application: Fields of interest: C - Mathematical and Quantitative Methods D - Microeconomics E - Macroeconomics and Monetary Economics F - International Economics G - Financial Economics H - Public Economics J - Labor and Demographic Economics L - Industrial Organization R - Regional, Real Estate, and Transportation Economics Candidates will be considered for economist roles at different levels based on their experience, skills, and research background. Salary Range: 170,000 -280,000 We believe in transparency at the New York Fed. This salary range reflects a variety of skills and experiences candidates may bring to the job. We pay individuals along this range based on their unique backgrounds. Whether you're stretching into the job or are a more seasoned candidate, we aim to pay competitively for your contributions. Application Deadline: November 1, 2026 Our Touchstone Behaviors-Communicate Authentically, Collaborate Inclusively, Drive Progress, Develop Others, and Take Ownership-help shape the culture of the Bank. They also provide a shared language for how we work together and achieve success, and they set clear expectations for leading with impact at every stage of your career with us. Learn more. Benefits: Our organization offers benefits that are the best fit for you at every stage of your career:
  • Fully paid Pension plan and 401k with Generous Match
  • Comprehensive Insurance Plans (Medical, Dental and Vision including Flexible Spending Accounts and HSA)
  • Subsidized Public Transportation Program
  • Tuition Assistance Program
  • Onsite Fitness & Wellness Center
  • And more
The New York Fed expects its employees to perform their duties with honesty, integrity, and impartiality, and without improper preferential treatment of any person. Learn more about our code of conduct and conflicts of interest rules. This is not necessarily an exhaustive list of all responsibilities, duties, performance standards or requirements, efforts, skills or working conditions associated with the job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed when circumstances change. Full Time / Part Time Full time Regular / Temporary Regular Job Exempt (Yes / No) Yes Job Category Economics/Research Family Group Work Shift First (United States of America) Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels. Privacy Notice

About Federal Reserve Bank

Industry
Founded
1913

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