Institute Features

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.

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.

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Publications

Institute Working Papers

Which Ladder to Climb? Wages of Workers by Job, Plant, and Education

Institute Working Paper 15 | September 12, 2018

Christian Bayer | University of Bonn, CEPR, and IZA
Moritz Kuhn | University of Bonn, CEPR, and IZA

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Optimal Need-Based Financial Aid

Institute Working Paper 14 | September 7, 2018

Mark Colas | Opportunity & Inclusive Growth Institute and University of Oregon
Sebastian Findeisen | Opportunity & Inclusive Growth Institute and University of Mannheim
Dominik Sachs | LMU Munich

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Publications

System Working Papers

Early-Stage Business Formation: An Analysis of Applications for Employer Identification Numbers

System Working Paper 18-16 | June 28, 2018

Kimberly Bayard | Board of Governors of the Federal Reserve System
Emin Dinlersoz | U.S. Census Bureau
Timothy Dunne | University of Notre Dame
John Haltiwanger | University of Maryland
Javier Miranda | U.S. Census Bureau
John J. Stevens | Board of Governors of the Federal Reserve System

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What Would You Do with $500? Spending Responses to Gains, Losses, News, and Loans

System Working Paper 18-15 | May 23, 2018

Andreas Fuster | Federal Reserve Bank of New York
Greg Kaplan | University of Chicago and Opportunity and Inclusive Growth Institute Advisor
Basit Zafar | Arizona State University

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Working Together For Inclusive Growth

Visiting Scholar Program

The Institute will annually invite 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.

The application period for the 2018-2019 cohort of Visiting Scholars has closed.

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Coming Together For Inclusive Growth

Conferences

In 2017, the Minneapolis Fed hosted a conference series dedicated to exploring topics related to the Institute’s mission. Subsequent conferences highlight the emerging research of Advisory Board members, Visiting Scholars, and other experts.

2018 conferences will occur on May 11 and October 18-19. Conferences will be live streamed here and on minneapolisfed.org

Conferences

Conference Series

Fall 2018 Institute Conference

Federal Reserve Bank of Minneapolis | October 18, 2018 | Minneapolis, MN

The Opportunity & Inclusive Growth Institute's fourth conference will focus on regional shocks & regional divergence.

Spring 2018 Institute Conference

Federal Reserve Bank of Minneapolis | May 11, 2018 | Minneapolis, MN

The Opportunity & Inclusive Growth Institute's third conference focused on labor market trends & the future of work. The agenda included panel discussions on labor markets and poverty, breaking down barriers to employment, and the future of work and welfare.

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Press Release

Minneapolis Fed Announces New Class of Visiting Scholars

April 11, 2018

MINNEAPOLIS- The Minneapolis Fed announced a new and expanded cohort of 21 visiting scholars selected to conduct research while in residence at the Opportunity and Inclusive Growth Institute.