Great post, but you forgot cubicles vs officesMost economists at the fed have offices...
Not true for junior ones...basically get office space like RA
Fed vs. University
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Thanks a lot for correcting me about the place I've been working all this time.
Yes for regional feds, no for the Board.
Can you be fired at FED?
False... clearly you never went to the Board. Much easier to get fired than in academia even if they tell you otherwise.... Also they will not give you the typical academic signals of whether you get tenure or not... so they can fire you at any point in time...
You are clearly a troll or clueless... insider ....
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Great post, but you forgot cubicles vs offices
Most economists at the fed have offices...
Not true for junior ones...basically get office space like RA
I was on the fence, but now that I see your last three posts I think I will not accept the offer I received from the fed.
...
Just kidding -- I know you're being a sleazebag.
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Great post, but you forgot cubicles vs offices
Most economists at the fed have offices...
Not true for junior ones...basically get office space like RA
I was on the fence, but now that I see your last three posts I think I will not accept the offer I received from the fed.
...
Just kidding -- I know you're being a sleazebag.Welcome see you in the hallways - just do not say you were not warned. I wish somebody told me all this when I was on the market. Free market dude it is America you can do what you want just providing information...
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That’s just a troll. The only concern is whether you’ll have a window or not right at the beginning and the answer is mostly likely yes you’lll have.
Great post, but you forgot cubicles vs offices
Most economists at the fed have offices...
Not true for junior ones...basically get office space like RA
What kind of crap FRB is that? All the FRBs I visited have offices for everyone.
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How much are you constrained in terms of what you write and do? For instance I have co-authors at the Fed who can’t go to conferences around FOMC meetings, need to clear their working papers with management before submission etc. Overall just how annoying are the political aspects at the Fed?
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How much are you constrained in terms of what you write and do? For instance I have co-authors at the Fed who can’t go to conferences around FOMC meetings, need to clear their working papers with management before submission etc. Overall just how annoying are the political aspects at the Fed?
No constraints at all at my regional fed.
Working papers have to go through copy editors who check your English.
Policy publications are different, while we are not constrained about what we can write, we might have to play around with FOMC and publication dates depending on whether there's a blackout or not.
We are strongly encouraged to be here at the FOMC briefings but people definitely get away with it especially if the conference is good (nber for example) -
This has been a very good thread. Most of what people say is true.
A few quick comments from my perspective on points of contention.
* Every staff economist at my Fed has an office and they all have windows. Sometimes visitors don't get windows or even have to have cubes but mostly they get offices too.
* We don't have (many) grad students but we do have a few in the form of dissertation interns. We also have much more RA time than economists in all but the top universities.
* You do have to show up for work at regional Feds. At mine, you can have a "flexible schedule" coming in at 10 and leaving at 6 if you want. But you shouldn't abuse it.
* I know of no restrictions on going to conferences and most regional Feds have good travel budgets. There is something called "FOMC blackout" but that should only apply to talking to the press about current policy. It shouldn't affect academic presentations at conferences.
* You can definitely get fired at my Fed if you don't produce. Management cuts some slack to people who are above a certain level -- usually achieved 5 or 10 years after PhD -- but no one has told me that I can quit working.
* Short story: At a regional Fed you have a job with a boss and an HR dept but you probably make a bit more money and have better resources than you would at all but the best universities. If you don't like a regular schedule and a boss, stick to academia.
-- longtime Regional Fed bro
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This has been a very good thread. Most of what people say is true.
A few quick comments from my perspective on points of contention.
* Every staff economist at my Fed has an office and they all have windows. Sometimes visitors don't get windows or even have to have cubes but mostly they get offices too.
* We don't have (many) grad students but we do have a few in the form of dissertation interns. We also have much more RA time than economists in all but the top universities.
* You do have to show up for work at regional Feds. At mine, you can have a "flexible schedule" coming in at 10 and leaving at 6 if you want. But you shouldn't abuse it.
* I know of no restrictions on going to conferences and most regional Feds have good travel budgets. There is something called "FOMC blackout" but that should only apply to talking to the press about current policy. It shouldn't affect academic presentations at conferences.
* You can definitely get fired at my Fed if you don't produce. Management cuts some slack to people who are above a certain level -- usually achieved 5 or 10 years after PhD -- but no one has told me that I can quit working.
* Short story: At a regional Fed you have a job with a boss and an HR dept but you probably make a bit more money and have better resources than you would at all but the best universities. If you don't like a regular schedule and a boss, stick to academia.
-- longtime Regional Fed broVery good answers. Can you work 4 longer days and skip Friday as well?
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Very good answers. Can you work 4 longer days and skip Friday as well?
Some Feds have this system. I know that at the Board you can skip Friday every two weeks or so if you work some extra hours. My regional Fed does not have that.
One thing to bear in mind is that regional Feds are private nonprofit institutions. While there are some common System-wide rules and benefits, most minor HResque stuff like what you are asking (or dress codes, or windowed offices, etc) can and *will* vary a lot from Fed to Fed.
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This has been a very good thread. Most of what people say is true.
A few quick comments from my perspective on points of contention.
* Every staff economist at my Fed has an office and they all have windows. Sometimes visitors don't get windows or even have to have cubes but mostly they get offices too.
* We don't have (many) grad students but we do have a few in the form of dissertation interns. We also have much more RA time than economists in all but the top universities.
* You do have to show up for work at regional Feds. At mine, you can have a "flexible schedule" coming in at 10 and leaving at 6 if you want. But you shouldn't abuse it.
* I know of no restrictions on going to conferences and most regional Feds have good travel budgets. There is something called "FOMC blackout" but that should only apply to talking to the press about current policy. It shouldn't affect academic presentations at conferences.
* You can definitely get fired at my Fed if you don't produce. Management cuts some slack to people who are above a certain level -- usually achieved 5 or 10 years after PhD -- but no one has told me that I can quit working.
* Short story: At a regional Fed you have a job with a boss and an HR dept but you probably make a bit more money and have better resources than you would at all but the best universities. If you don't like a regular schedule and a boss, stick to academia.
-- longtime Regional Fed broVery good answers. Can you work 4 longer days and skip Friday as well?
Economists can't work 4 day weeks where I work. (Some people in the Bank can.)
But Feds are independent. Other research depts could have different policies.