Congressional Budget Office
19-00 ASSISTANT ANALYST
The Congressional Budget Office is a small nonpartisan agency that provides economic and
budgetary analysis to the Congress. CBO is seeking several assistant analysts to work in various
divisions. Specific duties vary by division, but most include research assistance, statistical
analysis, database management, graphics production, literature review, and quality assurance.
This is an entry-level position for a period not to exceed three years—ideal for those interested in
substantive work experience before attending graduate school. The position is only for candidates
who have or are completing a bachelor’s degree; it is not for those who are have or are
completing a master’s degree.
The following divisions at CBO are seeking assistant analysts:
The Macroeconomic Analysis Division conducts analysis of current economic conditions,
develops CBO’s economic forecast, and analyzes the economic effects of fiscal policy.
Assistant analysts prepare materials for CBO’s publications, maintain the division’s
databases, and assist with data collection and economic analysis for the division’s projects.
The Budget Analysis Division develops projections of federal spending and estimates the
budgetary impact of proposed legislation. Assistant analysts work independently and often
within short timeframes, obtaining appropriate data to address policy questions and preparing
analyses to meet the needs of Congressional committees.
The Microeconomic Studies Division analyzes the budgetary and economic effects of federal
policies covering a wide variety of issues, including education and income security; public
infrastructure; research and development; and energy, natural resources, climate, and the
environment. Assistant analysts work in concert with the division’s economists to address
related policy questions.
The Tax Analysis Division projects future federal revenues using economic models and
microsimulation techniques, analyzes the distribution of federal taxes and spending, and
examines how possible changes in tax law would affect the behavior of taxpayers and the
overall economy. Assistant analysts develop baseline estimates of certain revenue sources,
estimate the effects of selected legislative proposals on revenues, and assist with other
analyses within the division.
The Health, Retirement, and Long-Term Analysis Division produces reports on a range of
policy issues that include Medicare, Medicaid, subsidies provided through health insurance
exchanges, and Social Security; the division also plays a key role in CBO’s estimates of the
costs of certain proposed changes to health care programs. Assistant analysts work with the
division’s economists on the development and maintenance of CBO’s Health Insurance
Simulation Model, which is used for projecting health insurance coverage for the U.S.
Federal Reserve Jobs
The Board of Governors and the 12 Federal Reserve Banks throughout the country are currently recruiting recent graduates to fill a number of Research Assistant positions. The positions are full-time, salaried, and offer full benefits, including tuition assistance. Students are encouraged to check each branch's website as not all job postings may appear on this page.
Federal Reserve Bank of Chicago - Research Assistant
The research department at the Chicago Fed is looking to hire a number of research assistants to start in the summer of 2019.
This position is structured as a rigorous two-year research assistantship meant to provide empirical and theoretical skills in preparation for graduate school. Most of our RAs enroll in a graduate program upon departure from the Fed.
For more information, see: 2018 19 Ra Job Posting Research Assistant
Federal Reserve Bank of Chicago - Intern
The Federal Reserve Bank of Chicago Summer Intern Program is a paid internship that provides undergraduate, graduate and PHD students with the opportunity to gain valuable work experience at the Federal Reserve Bank. Through project oriented hands on assignments and professional development activities, interns receive a solid overview of the business of the Fed while contributing to their designated Bank department.
For more information and to apply, see: https://frb.taleo.net/careersection/2/jobdetail.ftl?job=257374&lang=en#.W7KUFIY9-5M.mailto
Federal Reserve Bank of Dallas
The Dallas Fed is opening their application for RA’s to start summer 2019.
The Dallas Fed Research Assistant position is a great opportunity for recent college graduates to gain knowledge, skills and an insight into a research career. Research Assistants typically work for two years before moving on to graduate school, the private sector, other research institutions or another position within the Bank.
Applications are evaluated on a rolling basis so .
For more information about the job posting, visit: https://frb.taleo.net/careersection/2/jobdetail.ftl?job=256919&lang=en
Federal Reserve Bank of New York - Research Analyst
Each year the Bank’s Research and Statistics Group seeks roughly twenty exceptional college graduates with a strong background in economics, mathematics, and statistics to enter its Research Analyst (RA) program. RAs generally stay in the position for two years.
To apply, visit: https://frb.taleo.net/careersection/02bcampus/jobdetail.ftl?lang=en&job=257163. Refer to job number 257163.
Applications are evaluated on a rolling basis so .
Federal Reserve Bank of Philadelphia
Research assistants (RAs) play a key role in the Economic Research Department. Whether they are helping economists prepare briefings on current monetary policy issues, working on economic forecasts, writing some of our newsletters on economic conditions, or analyzing data for long-term research projects, RAs are an essential part of our team.
Working as a RA at the Philadelphia Fed is a rewarding experience, whichever career path you ultimately choose to pursue. Our RAs have gone on to top graduate schools in economics, public policy and law; some have found opportunities in other departments in the Bank; and others have moved into higher positions within the Economic Research Department.
For more information, see: https://philadelphiafed.org/-/media/research-and-data/research-assistant-opportunities.pdf
Federal Reserve Bank of Richmond - Research Associate
In our Research department, about 20 economists split their time between working on policy-related questions and their own independent academic research. Research associates help the economists with their research and policy memos.
To apply, visit https://www.richmondfed.org/about_us/careers/job_openings and select "Economic/Research" in the search criteria.
Federal Reserve Bank of Richmond - Summer Internship
The Summer Internship Program provides outstanding students with the opportunity to gain valuable work experience with the nation’s central bank. Through advanced project work assignments and professional development activities, our interns gain an extensive understanding of the work of the Federal Reserve System.
Most summer internship positions are posted starting September and close by early December. Interviews and offers typically take place between November and March.
To apply, visit https://www.richmondfed.org/about_us/careers/job_openings and select "Internships" in the search criteria.
Federal Reserve Bank of St. Louis - Research Internship
The St. Louis Fed is currently accepting applications for 2019 positions.
The Federal Reserve Bank of St. Louis has a Summer Internship Program that allows you the opportunity to learn about economics in the United States through the perspective of the Federal Reserve System.
Other Research Jobs
Samuel Zell & Robert Lurie Real Estate Center of Wharton School at University of Pennsylvania
The successful candidate will support faculty research in a number of areas, including real estate, public policy, and urban economics. Job responsibilities include performing a variety of statistical and econometric analyses, writing research reports, collecting and maintaining databases, and providing research-related programming support. Computer programming skills are necessary; ability to analyze data and write reports required.
Research analysts can take one course per semester while working, and usually take Ph.D. level micro or metrics in the Penn economics department. RAs typically work for up to three years before moving on to graduate programs or careers in economics, finance, real estate, or related disciplines.
Apply online at https://jobs.hr.upenn.edu/ by searching for reference number 07-29878. Please submit a brief cover letter, a resume, and an academic transcript. Applicants should also attach copies of their transcripts and send via email to Lauren Kelly at email@example.com.
Applications will be accepted on a rolling basis so .
For more information, view Job Announcement Flyer
Bureau of Consumer Financial Protection
The Bureau of Consumer Financial Protection is recruiting this fall for the Director’s Financial Analyst position.
This unique, two-year rotational fellowship sits at the intersection of the federal government and the financial services industry. Director’s Financial Analysts are given the opportunity to hone analytical and problem solving skills while helping to make markets for consumer financial products work for Americans. Members of the Director’s Financial Analyst Program will experience diverse roles, responsibilities, and areas of expertise. As a result, in a short period of time, analysts will play an integral role in everything the Bureau does, from rigorous data-driven policy creation and market monitoring to on-site supervision of market participants.
There will be 2 windows to apply during. One window will be opened in mid-October and another in early 2019. Official window date announcements are forthcoming.
For more information, contact Aarif.Masani@cfpb.gov
The D. E. Shaw group is trusted by investors across the world to manage their assets by seeking the optimal balance of risk and reward. While they’re known as a pioneer in quantitative investing, they also have considerable expertise in areas that involve fundamental analysis or portfolio manager discretion. The D. E. Shaw recruiting team is now accepting applications for internships and full-time roles.
For more information about D.E. Shaw, visit: https://www.deshaw.com/
The D.E. Shaw group invites sophomores to apply to their Latitude and Discovery Fellowships hosted in New York City this summer at their headquarters.
Latitude Fellowship: May 20 - 22
Discovery Fellowship: May 22 - 24
Application information can be found here
2019 Open Source Economics Laboratory (OSE Lab) Boot Camp
The OSE Lab Boot Camp helps build advanced computational skills for economic research and policy analysis.
The Social Sciences Division at the University of Chicago is pleased to announce the third year of the Open Source Economics Laboratory (OSE Lab), which will run an intensive and immersive six-week computational economics Boot Camp from July 1 to August 9, 2019.
The goals of the Boot Camp are to:
- train advanced undergraduates and graduate students with the computational skills to participate in cutting-edge economic research and public policy analysis
- inspire the brightest young researchers to pursue policy-relevant research throughout their careers
- spread ideals of transparency and replicability throughout the economics profession from the ground up
- accelerate scientific progress in economics and policy analysis more broadly through modern collaborative workflows
Applications to the OSE Lab Boot Camp are encouraged from talented and motivated advanced undergraduate students and graduate students, with 25 fully funded student slots available for summer 2019. Funding includes travel to and from the University of Chicago, housing at the University, and a stipend of $4,000 for the six weeks. Successful applicants will have taken courses or demonstrate proficiency in core microeconomic theory (constrained optimization with Lagrangian multipliers), linear algebra, multivariable calculus, real analysis, and writing code in some programming language.
The curriculum of this program includes advanced mathematics, economic theory, machine learning, and computational methods, all with a focus on open source languages, collaboration, and exposition. Programming at the Boot Camp will be mostly in Python. We will also use the collaborative open source platforms of git and GitHub extensively. The previous two summers' curriculum materials are available in the BootCamp2018 and BootCamp2017 GitHub repositories.
The OSE Lab Boot Camp curriculum will draw from open source curriculum developed by the OSE Lab instructors as well as the resources of QuantEcon.org produced by Thomas Sargent and John Stachurski. We will also use an extensive set of applied mathematics open source training modules and computational labs from the Brigham Young University Applied and Computational Math Emphasis (ACME). Student researchers who complete the OSE Lab Boot Camp will emerge with a rich set of computational tools, experience in successfully applying those tools to macroeconomic questions, and the ability to collaborate effectively.
One of the most valuable modules in the OSE Lab Boot Camp will be two weeks of training in high performance computing and parallel programming using the University of Chicago's Midway supercomputing cluster. This training will be presented by Simon Scheidegger and translates well to projects on any large-scale cluster or cloud computing platform.
The deadline to apply is March 15, 2019. Click here for more information
SoFiE Financial Econometrics Summer School - "The Econometrics and Asset Pricing of Foreign Exchange Markets"
July 15 - July 19, 2019
Kellogg School of Management, Evanston, IL
2211 Campus Drive; Evanston, IL 60208
Applications should be sent to firstname.lastname@example.org (with the words “SoFiE Summer School 2019” in the subject box). The applications should include a full CV and a motivation letter of half a page explaining why attending this course would be helpful to the applicant’s research. The application deadline is April 21, 2019. Decisions will be emailed by May 1, 2019.
Paper presentations: Applicants are strongly encouraged to present some of their own work during the afternoon sessions. For this, they are encouraged to include a paper or a long abstract along with the summer school application. All topics in financial econometrics are acceptable, but with some preference given to topics that are in line with the theme of the summer school. Papers will be selected by the organizing committee.
Fee for attending the school: $200 for academics and $750 for non-academics. Confirmation of admission of selected applicants is conditional on receipt of the fee payment in due time (details to be provided in the admission email).
All accepted participants are expected to be members of the Society for Financial Econometrics or to join before their place is confirmed. See http://sofie.stern.nyu.edu/membership on how to join the society (where a student membership option is available).
The summer after his sophomore year, Notre Dame senior J.P. Bruno was packaging maple syrup, taking care of honeybees, and tending to an orchard on a biodynamic farm in Vermont. Three weeks later, he was sitting in the White House, interning for the Council of Economic Advisors (CEA) as part of...