Research Associate

Federal Reserve Bank of Kansas City; Kansas City (MO); On-site; USD 59,000 - 76,000; Full time

Benefits offered by this job

Remote work flexibility

Job summary

Federal Reserve Bank of Kansas City is recruiting for a Research Associate (RA) in its Economic Research Department. The RA role focuses on data gathering, model programming, and presenting findings on macroeconomics and related topics.

This two-year program begins summer 2027 with potential extension. RAs collaborate with PhD economists, develop analytical and communication skills, and may advance to PhD programs at top universities.

Qualifications

• Bachelor's or master's degree in economics or a closely related field such as statistics, mathematics, or computer science.
• Coursework or experience in economics required; econometrics, mathematics, statistics, and computer science desirable.
• Proficiency in programming languages and statistical software such as Stata, R, Python, or Matlab desirable.

Responsibilities

• Work with PhD economists on policy briefs and academic research projects.
• Gather and analyze data, program economic models, and create charts for presentations on economic and financial conditions.
• Engage in econometric or theoretical research, write for Bank publications, and present to civic and educational groups.

Skills

Programming languages

Empirical research

Data analysis

Stata

R

Python

Matlab

Education

Bachelor's or master's in economics or related field

Tools

Stata

R

Python

Matlab

Job description

Company Federal Reserve Bank of Kansas CityWhen you join the Federal Reserve-the nation's central bank-you'll play a key role, collaborating with leading professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we're building a dynamic and diverse team for our future.

The Economic Research Department at the Federal Reserve Bank of Kansas City is recruiting for the position of Research Associate (RA). The Department conducts innovative analysis and research on a variety of topics, including macroeconomics, monetary policy, international trade, applied microeconomics, labor economics, fiscal policy, energy economics, regional economics, and payments. The Department has openings for RAs to start summer 2027. The program generally runs for two years with the opportunity to extend, if applicable.

This is an excellent position for someone who is passionate about research and considering a PhD in economics. RAs develop analytical and communication skills as well as technical skills, such as programming and working in a high-performance computing environment. RAs have gone on to PhD programs at Boston College, Columbia University, New York University, Stanford University, University of Chicago, University of Michigan, University of Minnesota, University of Wisconsin, University of Texas at Austin, University of Rochester, and Georgetown University.

Key Activities

• Working with PhD economists on policy briefings and academic research projects.

• Gathering and analyzing data, programming economic models, and creating charts for presentations on economic and financial conditions.

• Participating in econometric or theoretical research, writing for Bank publications, and delivering speeches to civic and educational groups

Required Education and Skills

• Bachelor's or master's degree in economics or a closely related field such as statistics, mathematics, or computer science.

• Coursework or experience in economics required; coursework or experience in econometrics, mathematics, statistics, and computer science highly desirable.

• Proficiency in programming languages and statistical software packages such as Stata, R, Python, or Matlab highly desirable.

• Strong academic record and experience with empirical research and data analysis highly desirable.

Additional Information

How We Work

• On-site, full-time with 5 days per month remote work flexibility

• Location: Kansas City, MO

Salary

• $59,000 - 76,300 / Research Associate I

• Final offers are determined by factors including the candidate's qualifications, internal alignment considerations, district assignment, and geographic location.

Screening Requirements

Certain eligibility requirements may apply.

Sponsorship

The Federal Reserve Bank of Kansas City will not sponsor a new applicant for employment authorization for this position. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.

About the KC Fed

• Total Rewards & Benefits

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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)

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.