Economist Full-Time - Summer 2025 start
Wayfair Inc.About the role
Economist
This is a Boston based opportunity with a 3 day in office expectation
Who We Are:
Wayfair is looking for economists to tackle difficult empirical problems. Causal inference, empirical IO, and time series modeling, often coupled with principled experimentation, are essential to driving the decision making algorithms that power our core business. We build our systems from the ground up with economic fundamentals in mind.
You will be part of the Pricing, Profitability, Demand Forecasting team, consisting of ~20 full time economists and ML scientists. We are a close knit science team, with a lively economist/science community with quarterly hack-a-ton, weekly reading groups in causal inference/forecasting/ML. We work in close collaboration with engineering, data science, and product teams as well as with commercial teams and opportunity to influence company strategies.
This team builds key science components for many of our pricing, market design, finance, and operations systems. Our Economist role has 3 different skill sets:
- Reduced Form Causal Analysis
- Empirical Industrial Organization
- Time Series/Forecasting
We will ask you to specify the skill set you rate yourself highest on our application, and will focus our interviews accordingly.
You will have the opportunity to play a critical role in a growing company while also operating with a high level of executive visibility. The team is focused on creating strategic solutions that steer customer and supplier behavior and influence key decision making. Our employees enjoy an environment of strong ownership and quick feedback from building, experimenting and iterating on high-impact work.
What You’ll Do:
- Help us price millions of products in a complex, two-sided marketplace.
- Measure the demand response to various business decisions, using both observational and experimental methods.
- Address a variety of supply-side questions, such as assessing supplier responses to changes in the design of our marketplace.
- Forecast demand and costs at scale using a combination of time series and machine learning techniques.
What You’ll Need:
Basic Qualifications:
- Current student (graduating Summer 2025) pursuing a Ph.D. or Post Doc in Economics or a or a closely-related field (e.g., Marketing, Finance, OR, Statistics) with a 3.0 GPA minimum
Preferred Qualifications:
- Background in one of the following fields is preferred: applied microeconomics (e.g. labor, public, development, behavioral, experimental, household finance), empirical industrial organization, time series (e.g. applied macro, empirical finance), quantitative marketing, econometrics.
- Proficiency in Python
- Experience with SQL
- Hands-on experience with big datasets
- Appetite for collaborating in a highly interdisciplinary environment with other social scientists, computer scientists, statisticians, operations researchers, and engineers.
- Passion for communicating complex material in a concise and precise way.
Benefits & Perks:
- Full health benefits available (Medical, Dental, Vision, HSA/FSA) on day one for eligible employees.
- No-cost access to 2nd.MD, a virtual expert medical consultation and navigation service.
- Global Traveler Health Insurance through GeoBlue.
- 24/7 access to mental, financial, physical and emotional wellbeing support, plus an enhanced offering of therapy and coaching.
- Automatic enrollment into Basic Life and Accidental Death & Disability Insurance.
- 401(k) matching with immediate vesting.
- Paid Parental Leave, Surrogacy & Adoption Reimbursement and Caregiver Services.
- Tuition Reimbursement.
- Wayfair Employee Discount.
- Gym/Fitness Discounts (including Peloton, Global ClassPass and varying regional memberships).
- Exclusive access to thousands of perks & discounts through BenefitHub.
- Yearly match up to $500 for personal donations made by employees to registered 501(c)(3) nonprofits.
Wayfair's In-Office Policy:
An Important Note about Wayfair's In-Office Policy:
All Boston-based corporate employees will be in office in a hybrid capacity. Employees will work in the office on designated days Tuesday, Wednesday, and Thursday, and work remotely Monday and Friday.
Massachusetts Applicants: I understand that it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalti
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