2027 Intern - Economic Research

Federal Reserve Bank of Dallas

Dallas (TX)

On-site

USD 28,000 - 41,000

Full time

4 days ago
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Benefits offered by this job

Downtown location with free parking
On-site café and coffee shop
24/7 on-site fitness center

Job summary

The Federal Reserve Bank of Dallas invites highly motivated undergraduates to join its Research department for a paid summer internship. You’ll work with economists on real research projects across macroeconomics, international, regional, energy, or banking and finance areas.

Intern duties include data gathering, charting, replication of prior work, and econometric analysis under supervision. Mentors provide guidance and networking across central banking topics.

Qualifications

  • Completed your junior year with coursework in economics, statistics, econometrics, mathematics, and computer science and with a GPA of 3.5 or higher.

Responsibilities

  • Assist economist(s) in one of Research’s groups (macroeconomics, international, regional, energy, or banking and finance) in their academic research and/or policy analysis.
  • Learning and summarizing recent and relevant research and analysis.
  • Locating, obtaining, and compiling statistical data.
  • Constructing files and producing charts and other graphics.
  • Replicating previous research on a relevant topic.
  • Performing statistical and econometric analysis under the direction of economists.
  • Learning and solving theoretical models of the macroeconomy, international trade, or banking.
  • Contributing ideas and suggestions for project improvement.
  • Sharing knowledge and providing advice to research assistants (RAs) and other interns on economic issues and assignments

Skills

GPA 3.5+
Economics coursework
Statistics coursework
Econometrics coursework
Mathematics coursework
Computer science coursework
Programming in STATA
Programming in R
Programming in Python
Programming in Matlab
MS Office
Teamwork

Education

Completed junior year with economics/statistics/econometrics/mathematics/computer science coursework, GPA 3.5+

Tools

STATA
R
Python
Matlab

Job description

Federal Reserve Bank of Dallas

We are dedicated to serving the public by promoting a strong financial system and a healthy economy for all. These efforts take a team of dedicated individuals doing many different jobs. Together we’re creating a workplace where talented people can thrive, and we welcome your unique background and perspective to help present the best possible solutions for our partners.

Location: . If you need assistance or a reasonable accommodation, please notify your Talent Acquisition Consultant.

ABOUT THE DALLAS FED

At the Dallas Fed we serve the public by partnering with communities and businesses, promoting jobs and stable prices, and keeping your money safe and available. We welcome different perspectives, ideas, and experiences. As part of the nation’s central bank, we are committed to improving the economy and our communities. Are you ready to make a difference?

Learn more about the Dallas Fed: www.dallasfed.org/fed.

ABOUT THE INTERNSHIP PROGRAM

The Federal Reserve Bank of Dallas Internship Program is a prestigious, cohort-based experience that attracts top talent from across the country for paid, full-time summer internships spanning majors and functional areas – from economic research and finance to Cash Services, IT, and beyond. While interns take on a specific functional role for the summer with meaningful work and opportunities to grow, the program offers much more than a single assignment. Dedicated staff mentors help launch your career, and curated cohort programming provides broad exposure to central banking, direct access to senior leaders and industry experts, and dedicated learning and development opportunities. As part of the Federal Reserve System, you'll also build a professional network of peers that spans the nation. The program runs approximately for 10-12 weeks, beginning in mid-to-late May and concluding in August. For this specific position, you will be located in the Dallas office.

Learn more about our internship program: www.dallasfed.org/internships.

ABOUT YOUR TEAM

The Research department undertakes research and analysis to add to the frontier of knowledge and to inform monetary policy. The department produces and publishes relevant, timely and innovative research and prepares briefings to support the Bank President’s participation at Federal Open Market Committee (FOMC) meetings.

WHAT YOU’LL DO
  • Assist economist(s) in one of Research’s groups (macroeconomics, international, regional, energy, or banking and finance) in their academic research and/or policy analysis.
  • The specific tasks you will do will depend on the project(s) you work on, and will include some or all of:
  • Learning and summarizing recent and relevant research and analysis
  • Locating, obtaining, and compiling statistical data
  • Constructing files and producing charts and other graphics
  • Replicating previous research on a relevant topic
  • Performing statistical and econometric analysis under the direction of economists
  • Learning and solving theoretical models of the macroeconomy, international trade, or banking
  • Contributing ideas and suggestions for project improvement
  • Sharing knowledge and providing advice to research assistants (RAs) and other interns on economic issues and assignments
WHAT YOU BRING
  • Completed your junior year with coursework in economics, statistics, econometrics, mathematics, and computer science and with a GPA of 3.5 or higher
  • A copy of your current transcripts is required to be considered for this position
  • Basic knowledge of programming in a package such as STATA, R, Python or Matlab, and proficiency in MS Office products
  • Basic knowledge and understanding of economic variables and their interrelationships
  • Understanding of econometric techniques that facilitate interpretation and use of data in economic analysis
  • Past research experience (with a professor or research organization)
  • Strong writing and verbal communication skills
  • Ability to work in a team setting
  • Equivalent education and/or experience may be substituted for any of the above requirements
OUR BENEFITS
  • Professional development opportunities
  • Broader networking opportunities across District
  • Downtown location with free parking
  • 24/7 on-site fitness center (Dallas & Houston Offices)
  • On-site café and coffee shop
WORK HOURS

Monday – Friday, 8:00 a.m. – 5:00 p.m. (40 hours/ week). Some additional hours may be required.

NOTES

Participation in our internship program is a valuable learning opportunity and does not guarantee future employment.

This position may require access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisitetimeframe. Candidates who are permanent residents may be eligible for the information accessrequiredfor this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements. In addition, all candidates must undergo an enhanced background check andcomply withall applicable information handling rules.

If you need special accommodation during your interview process, please notify your Talent Acquisition Consultant.

Please submit applications by Monday, October 19.

We are proud to be an equal opportunity employer

Full Time / Part Time

Regular / Temporary

Job Exempt (Yes / No) No

Job Category Internship Family Group

Work Shift First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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.

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