Research Associate

rb; Boston (MA); On-site; USD 70,000 - 86,000; Full time

Job summary

The Federal Reserve Bank of Boston is seeking a Research Associate for a two-year program starting June 2027 in Boston, MA. You will collaborate with economists on a range of economic research topics, analyze data, write code, and contribute to policy-related work across regional, national, and global scales.

The role emphasizes rigorous data analysis, familiarity with statistical software, and strong communication skills, with the on-site expectation and residency requirement in the First

Qualifications

• A bachelor's degree in economics, math, statistics, computer science or related field with economics focus.
• Strong analytical, communication, and organizational skills.
• Familiarity with programming languages and statistical software such as Stata, Python, Matlab, R.
• Prior research or classroom experience analyzing data.

Responsibilities

• Review, organize, and analyze economic and financial data.
• Write programs using statistical software such as Stata, MATLAB, R, SAS or Python.
• Conduct literature reviews and data analysis with written summaries for economists.
• Prepare charts and tables using spreadsheets and data visualization tools.
• Conduct economic research for policy memos and publications.
• Design programs to clean data and run regressions; maintain data series.
• Proofread, edit, and fact-check articles and papers.

Skills

Analytical skills

Communication skills

Organizational skills

Statistical reasoning

Education

Bachelor's degree in economics or related field

Tools

Stata

Python

MATLAB

R

Job description

Company

Federal Reserve Bank of Boston

As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: community, innovation, integrity, trust, leadership, and excellence.

The position will be primarily on-site. The individual is expected to reside in the First District.

Position: Research Associate 2027

Location: Boston, MA

The Research Associate (RA) program at the Boston Fed is a two-year program designed for recent college graduates with a background in economics, math, statistics, or related fields. RAs work with economists on a variety of research projects and provide support for ongoing analysis of the New England, U.S., and global economies and monetary policy, as well as bank regulation, the payments system and financial markets.

Positions are available in our Research Department that start in June 2027. The Research Department provides current economic analysis and policy advice to Federal Reserve decision makers and conducts innovative research with the aim of improving our understanding of the regional, U.S. and global economies and encouraging better policy outcomes.

If you are interested in gaining meaningful work experience, expanding your career options, and serving the public, we encourage you to apply for our Research Associate Program.

Applications will be reviewed on a rolling basis until all positions are filled. Incomplete applications will not be considered. Please make sure to include all requested information including 2 letters of recommendation.

RA Responsibilities

• Review, organize, and analyze economic and financial data.
• Write programs using statistical software such as Stata, MATLAB, R, SAS or Python.
• Conduct literature reviews, perform thorough data analysis, and prepare written summaries of results for economists.
• Prepare charts and tables using spreadsheet and data visualization software packages.
• Conduct economic research for policy memos and for articles intended for publication by The Boston Fed, academic journals, and business periodicals.
• Design programs to clean data, perform statistical tests, and run regressions. Update and maintain data series regularly used by economists.
• Proofread, edit, and fact-check articles and papers.

Qualifications

• A bachelor's degree in economics, math, statistics, computer science, international relations, or related field with concentration in economics.
• Strong analytical, communications, and organization skills.
• Familiarity with programming languages and statistical software packages such as Stata, Python, Matlab, R, and knowledge of statistics and econometrics.
• Prior research or classroom experience analyzing data.

Other Requirements

Research Associate positions require U.S. citizenship.

The salary for this position is $78,000. The Boston Fed believes in salary transparency. The final salary and offer will be determined by the applicant's background, skills, internal equit