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Completely different skillset/role to IBD or markets professionals. These are usually small teams - most likely no analysts or associates - headed by the chief economist for the region. I'd guess PhD is sort of mandatory to progress in this capacity. You'll be doing research and running models for macro stuff like GDP growth, unemployment, inflation, Debt / GDP, international trade, monetary policy (central banks rates, FX, money demand / supply dynamics etc.), fiscal policy and so on. In terms of articles and reads, you should check the well known journals - very specialised tho and doubt they're free - Quarterly Journal of Economics by Oxford Uni Press, Journal of Financial Economics by Elsevier, Econometrica and the like.

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Bank "economists" are pretty much just there to legitimize business and marketing initiatives, and so the people that are hired in that capacity usually have a similar background and set of soft skills that top ER analysts do. They also are often political hires -- people who worked at the CEA at the WH or something like that. 

 

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