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Research Associate

The St Louis Fed is one of 12 Reserve Banks serving all or parts of Missouri, Illinois, Indiana, Kentucky, Tennessee, Mississippi and Arkansas with branches in Little Rock, Louisville and Memphis. The St. Louis Fed’s most critical functions include: promoting stable prices and economic growth, fostering a sound financial system, providing payment services to financial institutions, supporting the U.S. Treasury's financial operations, and advancing economic education, community development and fair access to credit. The Bank strives to maintain an engaging and exciting work environment that is both inviting and collegial.

Ranked as a Top Workplace, The Federal Reserve Bank of St Louis is committed to building an inclusive workplace, where employees’ diversity—in age, gender, race and ethnicity, sexual orientation, gender identity or expression, disability, as well as cultural traditions, religion, life experiences, education and socioeconomic backgrounds—are recognized as a strength. Embracing our diversity encourages employees to bring their valued perspectives to the table when generating ideas and solving problems, and promotes an environment where innovation and excellence thrive.

The Federal Reserve Bank of St. Louis is seeking several Research Associates. This position will give you an opportunity to learn about economics in the United States through the perspective of the Federal Reserve System. Research analysts work with economists and other Bank personnel on research projects that: contribute to the quality of monetary and banking policies; expand the frontier of knowledge in the areas of money and banking, macroeconomics, international economics, and regional economics; and educate audiences about current economic issues.

Recruiting for new Research Associates begins September 2017 for positions starting in January or Summer 2018. More information about the Research Associate position can be found at

What are the day-to-day activities? 
  • Perform advanced econometric, computational, and analytical research intended for publication in leading academic journals as directed by economists.
  • Program in statistical packages such as Stata, Matlab, R, SAS, EViews, Fortan, Python, and C++.
  • Review and organize economic and financial data.
  • Compile, review, and assess information from academic journals, market sources, and government reports.
  • Assist in developing memos and presentations on current economic and financial conditions and policy issues.
  • A GPA of 3.5 or above
  • Bachelor’s degree in economics
  • Strong background in mathematics and statistics, courses in:
  • Econometrics, Linear algebra, Differential equations
  • At least 2 semesters of calculus
  • Experience in computer programming
  • Ability to work on multiple research projects
  • Strong verbal and written communication skills
  • Previous economic research experience, such as: Undergraduate research assistant; Research-related internship; Independent research project