Economists at the Board conduct independent economic research and contribute substantially to the economic forecasting and policy analysis used by the Board and the Federal Open Market Committee. Board economists are among the leading producers of papers published in professional journals and presented at various conferences. The research explores a full range of macro and micro topics, from large-scale econometric modeling to the economics of regulation. Board economists also work with members of the Board in the preparation of congressional testimony and other presentations, and provide technical advice as needed to the Board, the Federal Reserve Banks, and other central banks.
Responsibilities for these positions include analysis and forecasting of developments in the domestic and international economies and financial markets, analysis of options for regulatory decisions, development and maintenance of relevant economic data, and conducting long-range research aimed at improving the theoretical and quantitative analysis used at the Board and by the economics profession generally. Candidates must have a Ph.D. (or foreign equivalent) in economics, finance or a related discipline or be a Ph.D. candidate (or foreign equivalent) in economics, finance or a related discipline preparing to defend dissertation. Experience or expertise in macroeconomics, monetary economics, monetary policy, financial economics, international finance, or econometrics, as evidenced by research papers and/or thesis topics in these areas, required.
The diverse responsibilities of the positions require people with varied skills and interests, At the entry level, new Ph.D.s should have a strong grounding in economic theory and quantitative methods. Enthusiasm about applying one's knowledge to real-world issues and an ability to communicate clearly both orally and in writing are important, as are personal energy, initiative, and collegiality.
All positions are located in Washington, D.C. To apply, candidates must e-mail a curriculum vita and one recent research and arrange for three letters of reference to be sent by e-mail to BOGrecruitment.economists@frb.gov.
Candidates must be eligible to work in the US without restriction.