Opportunity and Inclusive Growth Institute

About Us

The mission of the Opportunity and Inclusive Growth Institute is to conduct and promote research that will increase economic opportunity and inclusive growth and help the Federal Reserve achieve its maximum employment mandate.

The Institute is a new Federal Reserve initiative aimed at conducting world-class research to measure, analyze and make recommendations to improve the economic well-being of all Americans, with a particular focus on structural barriers that limit full participation in economic opportunity and advancement in the United States. This effort will be based at the Minneapolis Fed but is designed to engage a broad range of scholars. The Institute will look beyond aggregate economic indicators in order to examine how national policies impact diverse communities of people within the U.S. economy. Such scholarship will allow the Federal Reserve System to better achieve one of its primary missions—maximum employment—and generate important new insights for other policymakers and the public.

The Institute will adopt a multi-disciplinary approach that includes the participation of leading academics from a variety of fields, including economics, education, law, public health, public policy, and sociology.

Coming Together For Inclusive Growth

Conferences

Starting in May 2017, the Minneapolis Fed will host a conference series dedicated to exploring topics related to the Institute’s mission. Subsequent conferences will be organized to highlight the emerging research of Advisory Board members, Visiting Scholars, and other experts. Conferences will be live streamed here and on minneapolisfed.org

Conferences

Conference Series

Opportunity & Inclusive Growth Institute Conference

Federal Reserve Bank of Minneapolis | May 22-23, 2017 | Minneapolis, MN

The Institute’s inaugural conference will be held on May 22-23, 2017. The agenda includes discussions of current challenges to economic opportunity within the context of how the Federal Reserve can proactively engage and assist in supporting inclusive growth, either through monetary policy or other public policy contributions.

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Opportunity and Growth Institute

Who We Are

A distinguished group of academics have joined the Board of Advisors to help launch the Institute. Board members will help the Institute by identifying topics where the Federal Reserve System can make a significant contribution and by recruiting Visiting Scholars. In the future, the Board’s support will grow and adjust according to the needs of the Institute and the direction of developing scholarship.

See the board members ›

Opportunity and Growth Institute

Publications

The Federal Reserve System enjoys a depth of expertise that can contribute to the existing scholarship on economic opportunity and inclusive growth. This new Working Paper Series will highlight the efforts of scholars within the System on issues related to economic opportunity and inclusive growth with the aim of promoting scholarly debate and soliciting constructive feedback.

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Publications

Working Papers

Assessing Differences in Labor Market Outcomes Across Race, Age, and Educational Attainment

Working Paper 17-09 | May 1, 2017

Economic Research Department | Federal Reserve Bank of Kansas City

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Are Central Cities Poor and Non-White?

Working Paper 17-08 | April 10, 2017

Jenny Schuetz | Board of Governors of the Federal Reserve System
Arturo Gonzalez | Board of Governors of the Federal Reserve System
Jeff Larrimore | Board of Governors of the Federal Reserve System
Ellen A. Merry | Board of Governors of the Federal Reserve System
Barbara J. Robles | Board of Governors of the Federal Reserve System

Read the full paper ›

See all working papers ›

Press Release

The Minneapolis Fed’s Opportunity and Inclusive Growth Institute Announces 17 Scholars for 2017-2018

April 18, 2017

MINNEAPOLIS- The Federal Reserve Bank of Minneapolis is pleased to announce the names of 17 outstanding visiting scholars selected to conduct research while in residence at the Minneapolis Fed’s Opportunity and Inclusive Growth Institute.

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Working Together For Inclusive Growth

Visiting Scholar Program

For 2017-2018, we have recruited 17 world-class scholars to conduct their research while in residence at the Minneapolis Federal Reserve Bank.

Learn more ›