Research PhD Internship - Summer 2026

Challenging and Rewarding Work | Commitment to Integrity and Service | Leadership Opportunities 

Consider a career with an organization focused on promoting a healthy regional and national economy. As an intern, you will directly contribute to the trust and confidence in the nation’s financial system through challenging work assignments and rewarding professional experiences. We focus on personal development and growth and reward high performance with increasingly complex assignments and promotional opportunities.   
  
The internship opportunities will be available on several teams within the Research division and will last approximately 10 weeks. 

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 under different types of aggregate shocks.     

Qualifications 

Graduate student 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: 

$40.00 per 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.