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Minneapolis Fed and University of Minnesota honor 50-year partnership

Minneapolis, August 19, 2019

Minneapolis Fed and University of Minnesota honor 50-year partnership
This week, the Federal Reserve Bank of Minneapolis and the University of Minnesota are commemorating 50 years of a golden Minnesota partnership, a collaboration that has fueled pioneering research and driven impact on monetary and public policy.

Beginning Aug. 21, some of the world’s leading economic thinkers will gather for an academic conference and for a historic public event featuring “The Four Horsemen of the Economic Revolution.”

The three-day academic conference, “Research and Policy: A Golden Minnesota Partnership,” will be livestreamed on

On Thursday, Aug. 22, the “Four Horsemen” conversation features Nobel laureates Edward Prescott, Thomas Sargent, and Christopher Sims, along with Neil Wallace. All were (and Prescott remains) Minneapolis Fed researchers. They received the collective moniker of “Four Horsemen” when all were on the faculty of the University’s economics department in the 1980s.

Their discussion, moderated by Minneapolis Fed former Research Director Art Rolnick, will be held at the University’s Ted Mann Concert Hall on Thursday, Aug. 22, at 5 p.m., and is free and open to the public.

Media are invited to watch the livestream beginning Wednesday, Aug. 21.

Media members can RSVP for the “Four Horsemen” event by contacting Alyssa Augustine, 612-204-5175,

The Federal Reserve Bank of Minneapolis is one of 12 regional Reserve Banks that, with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the nation’s central bank. The Federal Reserve Bank of Minneapolis is responsible for the Ninth Federal Reserve District, which includes Montana, North and South Dakota, Minnesota, northwestern Wisconsin and the Upper Peninsula of Michigan. The Federal Reserve Bank of Minneapolis participates in setting national monetary policy, supervises numerous banking organizations, and provides a variety of payments services to financial institutions and the U.S. government.