Opportunity and Inclusive Growth Institute
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.
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 ›
The Institute will annually invite 3-5 selected scholars to pursue research while in residence at the Minneapolis Fed. These scholars will all have Ph.D.’s in the Social Sciences or have a career background that establishes their ability to conduct high-level, peer-reviewed scholarly research. Scholars will be selected based upon a research proposal related to the Institute’s mission.Learn more ›
Coming Together For Inclusive Growth
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
The Institute’s fall conference is built around the topic of segregation and inequality, and will examine the role of several related issues, including disparities in housing and education.
The Institute’s inaugural conference was held on May 22-23, 2017. The agenda included 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.
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.