Federal Reserve Board of Governors

Position Title/Short Description

Full Text of JOE Listing:

The Federal Reserve Board is seeking new Ph.D. and seasoned economist candidates who demonstrate the potential to contribute creatively to academic research and policy in a collaborative workplace. We invite applications from candidates with a Ph.D. in economics, finance, or a related discipline, or who are nearing completion of their doctoral dissertation.

The Board employs over 400 Ph.D. economists to support its research and policy missions, which affect all sectors and people in the economy. To understand the economy in its entirety, the Board is committed to attracting, developing, and retaining a diverse workforce. As such, we especially encourage submissions from groups traditionally less represented in economics and finance. We recognize the benefit derived from different perspectives. To analyze the vast array of data, conditions, and economic experiences that describe the economy, the Board relies on research economists with a wide variety of backgrounds, interests, and expertise. To learn more about Board economists’ work in nearly all areas of economics and work in related fields, please browse through the economists’ web pages, which can be found here: https://www.federalreserve.gov/econres/theeconomists.htm.

Board economists have an opportunity to engage in a variety of professional growth activities, including but not limited to 1) recruitment and outreach activities; 2) formal and informal training and mentoring programs; 3) guiding and mentoring research assistants and 4) Board employee resource groups (e.g., African American, Hispanic, and Women’s Employee Resource Groups).

Researchers at the Board benefit from extensive and unique data resources, state-of-the-art computing facilities, highly trained and motivated research assistants and analysts, support for conference travel and academic journal submissions, highly visible research working paper series, and active academic seminar series as well as internal workshops for presenting work in progress. Information on resources is available at www.federalreserve.gov/research.The Board also hosts a Federal Statistical Research Data Center, which allows researchers with approved projects to access restricted-use microdata from the Census Bureau and other agencies to address important research questions. A generous benefits package that includes parental leave and alternative work schedules to support work-life balance is available to Board employees.

For priority consideration, please apply by November 8, 2024, through the AEA Job Openings for Economists website with a curriculum vitae, job market paper, questions regarding citizenship in the JOE application, a personal statement, and three letters of recommendation. Late applications may be considered as scheduling allows.

All employees of the Federal Reserve Board must be U.S. citizens or must declare their intent to apply for U.S. citizenship when eligible to do so by signing a declaration prior to employment.

Application Requirements:
• CV
• Job Market Paper
• Three letters of recommendation
• Questions regarding citizenship in the JOE application
• Personal statement: The Federal Reserve serves the public by promoting the effective operation of the U.S. economy. In carrying out its public mission, the Federal Reserve is committed to fostering a collaborative, equitable, diverse, and inclusive workplace that welcomes a range of perspectives and ideas. Please provide a brief statement (anything from a paragraph to a page) that cites examples of (1) how you have shown leadership or made contributions to academic or other communities, (2) the relationship between your research and economic issues and policies, and (3) any other skills that may be relevant to public service. In addition, please include examples of how you sought out different viewpoints, collaborated with people with a variety of backgrounds, experiences, and perspectives, and helped foster an inclusive environment. Please feel free to submit a similar statement that you may have already prepared for another application.

Selection Process:
We will conduct an initial screening based on your application materials. Candidates who are successful in meeting our initial criteria may receive an invitation to participate in a first-round, virtual interview between December 11-13, 2024. Following a video interview, some candidates will receive an invitation for a flyout to one of our Washington, D.C. locations. Flyout interviews include meeting with multiple Board staff and the candidate conducting a 75-minute seminar. The Board will cover costs associated with travel and lodging for all flyout candidates. The Board extends offers on a rolling basis following flyouts, and start dates are negotiated between the candidate and the hiring division/section.

Priority application deadline: 11/8/2024