Economist

Federal Reserve Bank of Boston

The Federal Reserve Bank of Boston is one of the 12 Federal Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. It serves the First Federal Reserve District, which includes the six New England states:
Connecticut (excluding Fairfield County), Massachusetts, Maine, New Hampshire, Rhode Island, and Vermont.

The Boston Fed promotes a vibrant economy that works for all, supports sound growth and financial stability, and helps formulate and implement monetary policy. Its contributions are grounded in high-quality research, bank supervisory activities, financial services, payments innovation, and community economic well‑being.

Key System roles include leading the Financial Support Office, managing the budget and technology programs, and leading innovative payments programs such as Fed Now, a real‑time gross settlement system.

Position:
Economist

Location:

US-MA-Boston (office presence required at least 4 days per week)

Salary: $204,900 – $307,300

• Advise the Bank president and Board of Directors on monetary policy issues, especially those related to labor markets, inflation dynamics, and public finance.
• Keep abreast of monetary policy-relevant issues and address them using state-of-the-art professional techniques.
• Produce working papers for publication in high-quality peer-reviewed journals and write accessible articles on timely policy questions for department publications.
• Present current research at meetings, conferences, and workshops held by the Bank and academic, business, and international organizations.
• Help organize workshops, seminars, and conferences as requested.
• Participate in the Bank’s outreach program; deliver talks to the general public on Federal Reserve policy and/or research topics.
• Assist in staff recruitment by reviewing curriculum vitae and dissertation abstracts, conducting interviews, reading and commenting on candidate working papers, and speaking with references.

• Ph.D. degree in economics.
• Ability to conduct policy-relevant research at the frontier of macroeconomics, focusing on labor economics, inflation dynamics, and public finance, demonstrated by at least three published or completed working papers and at least one example of current work in progress.
• State-of-the-art quantitative and econometric skills demonstrated by academic coursework, papers, or prior experience.
• Proficiency working with large-scale datasets demonstrated in working papers or prior experience.

Must be willing to travel domestically and globally, estimated 6–10 trips per year.

Submit CV and evidence of research. Recommendation letters may be sent to Patricia Geagan, Research Department (patricia.geagan.org).

Employee referral eligible.

Must be a U.S. citizen, or a lawful permanent resident, or be willing to sign a declaration of intent to become a lawful permanent resident and U.S. citizen when eligible.

Employment offer contingent upon successfully passing a two-phase security screening that includes a physical examination, drug screening, reference checks, credit and criminal history checks, and risk-based screening.

The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and provides equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.

All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/Office of Foreign Assets Control (OFAC) watch list checks at least once every five years. The above statements describe the general nature and level of work required for this position. Management reserves the right to revise this or any job description at its discretion at any time.

Full time

Regular

Job Exempt:
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.

Always verify and apply to jobs on Federal Reserve System Careers () or through verified Federal Reserve Bank social media channels.

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