Internship, Research PhD – Summer 2026
Federal Reserve System
Kansas City, Missouri
Full-Time
Competitive
RemoteManager
The Economic Research Department at the Federal Reserve Bank of Kansas City is recruiting for the position of PhD Research Intern. The Department conducts innovative analysis and research on a variety of topics, including international trade, macroeconomics, monetary policy, and labor economics. For the summer of 2026, we are offering a paid research internship for a graduate student currently in their 2nd or 3rd-year of a PhD program in economics.
The Intern will work with staff economists exploring a quantitative project that combines a frictional labor market within a heterogenous agents New Keynesian (HANK) model. In addition, the model will analyze the effects of various fiscal and unemployment policies and examine the outcomes underdifferent typesof aggregate shocks.
Qualifications
Graduatestudent in economics.
Strong academic record with 2-3 years of graduate education preferred.
Experience in working with quantitative economic models, ideally with HANK models featuring an endogenous income process via an explicit modeling of the labor market.
Familiarity with Julia, and with parallelization and GPU programming in Julia is highly desirable.
Please attach the following with your application:
Resume
Unofficial Transcript
Cover Letter
Letter of Recommendation from Current Graduate School
Note: You will not be able to attach documents after application submission.
Posting Close Date: Thursday, March 5, 2026
Additional Information
How We Work:
On-site, full-time with 5 days per month remote work flexibility
Location: Kansas City, MO
Remote Eligible: No
Pay Rate:
$40.00per hour
Final offers are determined by factors including the candidate’s qualifications, internal alignment considerations, district assignment, and geographic location.
Screening Requirements:Certain eligibility requirements apply.
Sponsorship: The Federal Reserve Bank of Kansas City will not sponsor a new applicant for employment authorization for this position. Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
About Us
Follow us onLinkedIn, Instagram,X (formerly Twitter), andYouTube
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 (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.