Summer 2023 Academic Research Internship

About the Opportunity

The Research Department of the Federal Reserve Bank of Richmond is looking for highly motivated students in Economics, Mathematics, Statistics or related disciplines to assist research economists with policy-oriented and academic research in a paid internship during the summer of 2023.

We are looking for candidates with diverse backgrounds, interests, and perspectives. We provide interns with many opportunities to learn in their daily work interactions with economists and RAs, as well as through seminars, lectures, and RA-led study groups. We provide a friendly and academically-oriented environment where interns can learn about academic research careers and the Fed. Visit us online for more information about the Research Department and the RA program.

What You Will Do:

Responsibilities for interns include literature reviews and writing computer code to analyze time-series and panel data alongside a Research Associate (RA) who mentors them throughout the summer. Interns are invited to give a presentation at the end of their stay on an academic article they studied or the data they helped analyze.

The intern and RA pool supports multiple economists with their academic research on wide-ranging topics including general equilibrium macroeconomic models, time-series econometrics, labor economics, financial economics, contract theory, public and health economics, industrial organization, and regional economics.

Application Requirements:

*Only applications with all required documents will be considered.

Applicants should submit three documents under the Attachments/Resume/Cover Letter section of their application: (1) a resume or CV, (2) college transcripts (unofficial copies are okay at this time), and (3) a cover letter stating why they are a good match to the job, how they became interested in research, and how the intern experience will fit into their future careers. Documents should be uploaded as attachments to your electronic submission. Formatted attachments can include Microsoft Office products, PDFs, JPGs or HTML documents; the size for each is limited to 1.5 MB.

Other Requirements and Considerations:

  • Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.

  • The hourly rate for summer interns is $20.50/hour

  • A requirement of this position is that the employee must be fully vaccinated against COVID-19; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank.

Rolling Deadline
Name of Organization
Federal Reserve Bank of Richmond
Type of Opportunity
Internships / Externships