The Economic Research Department seeks talented individuals with strong backgrounds in economics, statistics, and mathematics for Research Associate (RA) positions. These are excellent positions for someone who is passionate about research and considering a Ph.D. in economics. As an RA, you can develop technical skills, such as programming and working in a High-Performance Computing (HPC) environment. In addition, you are exposed to a broad range of topics, such as monetary policy, labor economics, and international trade. At the Kansas City Fed, RAs are matched to economists based on interest and skill sets, which provides opportunities for RAs to work closely with Ph.D. economists and get invaluable research experience. Most RAs stay with the department for two to three years, at which point many return to graduate school or pursue other opportunities.

Interested in joining the Kansas City Fed as an RA? Apply here

Current RA openings

There are no intern openings at this time.

Linmei Amaya
Contact
Research Associate II
Macroeconomics and Monetary Policy
Research Interests: Industrial Organization, Development Economics, and Financial Economics
 

I joined the Federal Reserve Bank of Kansas City after receiving a BS in economics with a mathematics concentration from the University of Oregon. As a research associate, I work closely with Nick Sly and Kelly Edmiston on their research topics that focus primarily on international trade and community development. Current research projects I am assisting with are examining the composition of U.S. importers over time using data from the Census Kansas City Research Data Center (KCRDC) and estimating cyclical and trend comovement between countries. This
opportunity has given me first-hand experience in macroeconomic research, new programming languages, and the ability to participate in the economic discourse through a challenging and collegial manner. My favorite aspects of the job are the exposure to a wide-variety of research and contributing to the functions of the Bank. 

 

Jaeheung (Jason) Bae
Contact
Research Associate II
Macroeconomics and Monetary Policy
Research Interests: Monetary Economics, Fiscal Policy, Financial Economics, and Computational
Economics

After receiving my BS degree in mathematics and economics from the College of William & Mary, I joined the Federal Reserve Bank of Kansas City as a research associate, where I have the opportunity to assist Huixin Bi and Taeyoung Doh in various research projects on topics including fiscal and monetary policy. As my primary policy duty, I modify and improve the GDP tracking model to better estimate real-time economic performance, thereby providing policymakers with more reliable information for their policy-making process. The Bank provides a supportive environment in which I am encouraged to ask questions and contribute ideas to be actively engaged in the research process as well as opportunities to develop widely applicable technical skills. Working alongside leading economists and passionate colleagues is a privilege I enjoy at the Kansas City Fed.

 

Jacob Dice
Contact
Research Associate I
Banking and Financial Markets
Research Interests: Banking Regulation and Computational Economics

I am a graduate of William Jewell College with bachelor’s degrees in economics and physics. At the Federal Reserve Bank of Kansas City, I have the opportunity to support Blake Marsh and Rajdeep Sengupta in their research and policy work. I have always been interested in quantitative problem solving and I have gained invaluable experience at the intersection of computer programming and economics at the Kansas City Fed. The most rewarding part of this job is applying and expanding this skillset through my research work, demonstrated through co-authored publications. For example, I worked on an Economic Review article that examined the contribution of local factors to the decline in bank branches. I am grateful for a collaborative work environment, where I am involved in impactful research and faced with a variety of interesting computational problems.

 

Akshat Gautam
Contact
Research Associate II
Macroeconomics and Monetary Policy
Research Interests: Macroeconomics, Labor Economics, and Public Policy

I graduated from University of Texas Austin with bachelor’s degrees in economics and mathematics. At the Kansas City Fed, I have the privilege of assisting George Kahn and Jun Nie in their research and policy work. Currently, the projects I work on deal with the differences in consumption patterns across different demographics, their effect on inflation rates, and their response to macroeconomic shocks. Working on these projects allows me not only to get exposed to high-impact research, but also to expand on my own knowledge of different topics encountered in economics and the skills necessary for conducting research. The presentations by research staff and visiting economists in seminars is another way that the KC Fed allows me to continue my education, while the collaborative nature of work and interaction with other economists and RAs creates an environment conducive to learning. All of this is vital in preparing me for graduate school in the future.

 

Logan Hotz
Contact
Research Associate I
Macroeconomics and Monetary Policy
Research Interests: Macroeconomics, Monetary Policy, and Computational Economics

I began working as a research associate after graduating from the University of Kansas with BS degrees in mathematics and economics. In my position, I support Brent Bundick and Lee Smith in their research concerning monetary policy impacts on the economy, the influence of market expectations, and inflation. Through these experiences, I have developed as a researcher and a programmer, and have interacted directly with ideas and models that intersect with my own research interests. Moreover, I am exposed to a wide variety of research thanks to the seminar program, which has broadened my view of the field of economics in general and has shown me the real-world impact of economic policies in particular.

 

McKenzie Humann
Contact
Research Associate II
Macroeconomics and Monetary Policy
Research Interests: Urban Economics, Labor and Demographic Economics, and Public Finance

After receiving my bachelor’s degrees in economics and international relations from Tufts University, I joined the Federal Reserve Bank of Kansas City as a research associate for Jordan Rappaport. In my current projects, I use data science techniques such as clustering and machine learning to predict where employment is most centralized within U.S. metros and to redraw metropolitan borders to better capture the area where people both live and work. During my time here, I have strengthened my data analysis skills, coding abilities in statistical software, and general economic intuition and research skills. The most rewarding aspect of working at the Kansas City Fed is attending the research seminars where I am exposed to current research ideas and the critical discussions that follow. I am also grateful for the supportive and flexible environment that management works hard to cultivate for the RAs within the research department. I am currently taking advantage of this support by taking courses at a local university in preparation for graduate school.

 

Emily Pollard
Contact
Assistant Economist
Macroeconomics and Monetary Policy
Research Interests: Labor Economics, Inflation, and Data Curation

After I graduated from Carleton College in Northfield Minnesota with a BA in mathematics and economics, I was excited to join the research team at the Federal Reserve Bank of Kansas City. During my time here, I have worked with six economists but currently working with José Mustredel-Río and Andy Glover on various research projects. In addition to helping these economists with their research, I prepare policy materials, draft press releases for the Kansas City Fed’s LMCI, and give presentations on the economy and the Federal Reserve System to school and community groups. I really appreciate the variety of work in this job and the flexibility given to RAs to explore our interests.

 

Rebecca Ruiz
Contact
Research Associate I
Payment Strategies
Research Interests: Public Policy, Consumer Behavior, and Labor and Demographic Economics

I joined the Federal Reserve Bank of Kansas City after receiving a BSBA in economics from Northern Arizona University. I have the honor of supporting Fumiko Hayashi and Ying Lei Toh in their research. The projects I am currently working on focus on payments topics, such as consumer payment choice, interchange fees, and the population of households that do not have a checking or savings bank account. Through this opportunity, I have had the opportunity to explore my research interests as well as strengthen my data analysis and overall research skills. The collaborative environment of the research department has been an invaluable asset as it encourages RAs to engage with colleagues and build upon our interests, while also providing us with countless tools that are imperative for graduate school preparation.

 

Colton Tousey
Contact
Assistant Economist
Regional and Community Research
Research Interests: Microeconomics, Regional Economics, and Natural Resource Economics

I joined the Federal Reserve Bank of Kansas City after receiving my BS degree in mathematics from the University of Kansas. Since joining the Kansas City Fed, I have had the honor to work with Jason Brown and Nida Cakir Melek in their research. Currently, I am working on a project looking at the declining pass-through of food inflation to core inflation as well as projects on transitions occurring in the energy sector. Being an RA provides a great opportunity to develop research skills and interests both on the job and through the benefit of tuition reimbursement. The position is great for those who want to explore their research interests as there are opportunities to be involved in a variety of projects.

 

Thao Tran
Contact
Research Associate II
Macroeconomics and Monetary Policy
Research Interests: Macroeconomics, Labor and Demographic Economics, Urban Economics,
and Machine Learning

After graduating from University of Wisconsin-Eau Claire with a BBA degree in mathematics, economics, and finance, I had the honor to join the Kansas City Fed research team and assist Didem Tuzemen and Jon Willis in their research. Currently, I am working on labor market performance in relation to job polarization and health insurance as well as the assessment of current trends among mortgages and loans in the U.S. economy. Through this opportunity, I am able to learn about various databases and resources, pick up new programming languages, and interact with countless interesting economic questions and research topics. The best thing about working here is the collaborative and supportive environment at the Fed, where I can discuss economic concepts with my colleagues, get feedback on research projects from my economists, and prepare for graduate programs in the future.

 

What are some key responsibilities for an RA?

  • Assisting Ph.D. economists on academic research projects and monetary policy briefings.
  • Gathering and analyzing data, programming economic models, and preparing charts for presentations on economic and financial conditions.
  • More experienced RAs participate in econometric and theoretical research, write for Bank publications and deliver speeches to civic and educational groups.

What qualifications are you looking for in an RA?

  • Bachelor's or master's degree in economics or a closely related field, such as statistics, computer science, or mathematics.
  • Coursework or experience in economics required.
  • Coursework or experience in econometrics, mathematics and statistics highly desirable.
  • Proficiency in programming languages and statistical software packages, such as Stata, Matlab, R or Python highly desirable.
  • Strong academic record.
  • Experience with research and data analysis is highly desirable.

What opportunities are there for career development and continued learning?

  • Training in software, such as Stata, R, Matlab, Python and SQL
  • Seminars by Kansas City Fed and visiting economists
  • Working closely with Ph.D. economists
  • Tuition reimbursement

How long do RAs usually stay at the Kansas City Fed?
The majority of RAs stay for two to three years as they find that amount of time sufficient to acquire the skills and knowledge to move on to Ph.D. programs or other opportunities. There are some opportunities for RAs to stay longer and continue to support important policy and research work in the Department or move on to other areas of the Kansas City Fed.

What are typical career paths pursued by RAs?

Recent graduate school placements:

Ph.D. programs in economics
Boston College
New York University
Stanford University
University of Michigan
University of Minnesota
University of Chicago
University of Wisconsin

Law school
Harvard University
University of Michigan

Master’s in business administration
Columbia University
University of Chicago
Carnegie Mellon University

 

 

 

 

Do I need to send an official transcript?
Unofficial transcripts are fine for the initial application but we may ask for an official transcript at some point in the process.

Are there opportunities for undergraduates?
Interested undergraduates can apply for summer internships to gain valuable research experience, and develop analytical and technical skills.

Whom can I contact for more information?
If there are additional questions about the RA position, please contact rarecruiter@kc.frb.org.