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Minneapolis Fed research examining the larger, aggregate view of the economy, including trends in income and spending of government, business, nonprofit institutions, and households.

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Staff Reports
3-D Gains from Trade
Doireann Fitzgerald | Principal Research Economist
October 31, 2025
Research
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Immigration can’t explain declining employment growth
Simon Mongey | Principal Research Economist
October 31, 2025
Article
Staff Reports
Online Appendix for: The Welfare Costs of Inflation Reconsidered
Luca Benati | University of Bern Juan Pablo Nicolini | Principal Research Economist and Universidad Torcuato Di Tella
October 15, 2025
Research
Staff Reports
The Welfare Costs of Inflation Reconsidered
Luca Benati | University of Bern Juan Pablo Nicolini | Principal Research Economist and Universidad Torcuato Di Tella
October 15, 2025
Research
Lukas Freund
Inquiring minds: Q&A with Lukas Freund
Sydney Dettmann | Intern, Institute
September 19, 2025
Article
Graphic with a pixelated map and charts representing data and research
Macroeconomic Policy Perspectives: The Macroeconomic Causes and Consequences of Inflation
Event on October 16, 2025
Event
Staff Reports
Global Flight to Safety, Business Cycles, and the Dollar
Martin Bodenstein | Board of Governors of the Federal Reserve System Pablo Cuba Borda | Board of Governors of the Federal Reserve System Nils Gornemann | Board of Governors of the Federal Reserve System Ignacio Presno | Board of Governors of the Federal Reserve System Andrea Prestipino | Board of Governors of the Federal Reserve System Albert Queralto | Board of Governors of the Federal Reserve System Andrea Raffo | Senior Vice President and Director of Research
September 9, 2025
Research
Minneapolis Fed Quarterly Review
Openness and Growth: A Comparison of the Experiences of China and Mexico
Timothy J. Kehoe | Consultant, University of Minnesota, and National Bureau of Economic Research Xing Xu | Research Analyst
August 27, 2025
Research
Minneapolis Fed Quarterly Review
Tariffs, Trade Wars, and the Natural Rate of Interest
Neil Mehrotra | Assistant Vice President and Policy Advisor Michael E. Waugh | Monetary Advisor
August 27, 2025
Research
Staff Reports
Trade Models, Trade Elasticities, and the Gains from Trade
Ina Simonovska | UC Davis, NBER, CEPR Michael E. Waugh | Monetary Advisor
August 26, 2025
Research
Staff Reports
Openness and Growth: A Comparison of the Experiences of China and Mexico
Timothy J. Kehoe | Consultant, University of Minnesota, and National Bureau of Economic Research Xing Xu | Research Analyst
August 21, 2025
Research
Staff Reports
Approximating Transition Dynamics with Discrete Choice
Anmol Bhandari | Consultant David Evans | University of Oregon Ellen R. McGrattan | Consultant
August 11, 2025
Research