Who: Federal Reserve Bank of Chicago Community Development and Policy Studies Division. CDPS recognizes and works to address many challenges in the community development field. Current priority areas include affordable housing policy, access to credit for small businesses, rural development, and funding for community and economic development in lower-income communities in a limited-resource environment.
CDPS has adopted the tagline ‘research, convene, connect’ to express our core functions succinctly. We research and conduct outreach to gain insight on key issues hindering access to credit and economic opportunity; convene diverse community development and policy stakeholders to share information and coordinate solutions; and connect financial institutions and other intermediaries with places in need to foster effective interventions
This is a paid position, located at the Chicago Fed’s offices in downtown Chicago. The Community Development and Policy Studies (CDPS) division is part of the Economic Research department of the Federal Reserve Bank of Chicago. CDPS works to improve the socioeconomic prospects of low- and moderateincome (LMI) people in part by working with community leaders to bring development and reinvestment opportunities to underserved communities.
The project assistant/intern will conduct statistical and economic analyses of current macroeconomic, microeconomic, financial and regional data, and provide research support for the economists. The level of work required is considered entry- level and would work under direct supervision. This job has no direct reports.
Duties and Responsibilities include:
- Supports the economists in their basic and applied research by following instructions to perform tasks including collecting data, conducting moderately complex statistical analysis, and organizing the presentation of results
- Assists the economists in the analysis of public policy issues and events. Issues include monetary policy, financial markets, community and economic development and the state of the US economy
- Prepares a variety of charts, tables, and descriptive text for Department management or other staff economists to use in their briefings and presentations
- Performs other duties as requested
- Currently pursuing an undergraduate or graduate degree in Economics, Finance, Business, Mathematics, or related field with emphasis on quantitative and/or analytical skills
- Interest in economic development and/or public policy as demonstrated by coursework or other experience
- Research Assistant experience preferred
- SAS, STATA or Matlab experience preferred
Resumes with cover letters should be sent to the attention of the Hiring Manager and submitted to CDPSInternSearch@chi.frb.org. No phone calls, please. Closing date: October 1, 2018
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