Economic Research Assistant: Data, Analysis & Policy Impact

Federal Reserve System; Chicago (IL); On-site; USD 68,000 - 83,000; Full time

Job summary

Federal Reserve Bank of Chicago invites recent graduates to join a two-year Research Assistant Program, working with economists on questions affecting the economy, financial markets, and households. You will manage data, perform econometric analyses, and present results through charts and reports.

You will gain hands-on experience across macroeconomics, microeconomics, finance, and regional economics, while developing programming and professional skills for advanced study or policy careers.

Qualifications

• Bachelor’s degree or higher in economics, finance, statistics, mathematics, computer science, data science, public policy, or a related field with strong economics and mathematical coursework.
• Strong quantitative, analytical, and problem-solving skills.
• Familiarity with statistical programming languages such as Stata, R, Python, or MATLAB.
• Strong written and verbal communication skills.
• The ability to work independently and collaboratively.

Responsibilities

• Collecting, cleaning, managing, and analyzing economic and financial data.
• Conducting statistical and econometric analysis and developing research code using tools such as Stata, R, Python, and MATLAB.
• Conducting literature reviews and synthesizing academic and policy research.
• Preparing charts, tables, written analysis, presentations, and briefing materials.
• Supporting research papers, publications, and time-sensitive policy analysis.
• Collaborating with economists, researchers, and other Research Assistants across projects.

Skills

Quantitative skills

Programming

Data analysis

Communication

Education

Bachelor's degree or higher in economics/related field

Tools

Stata

R

Python

MATLAB

Job description

Federal Reserve Bank of Chicago invites recent graduates to join a two-year Research Assistant Program, working with economists on questions affecting the economy, financial markets, and households. You will manage data, perform econometric analyses, and present results through charts and reports.

You will gain hands-on experience across macroeconomics, microeconomics, finance, and regional economics, while developing programming and professional skills for advanced study or policy careers.