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Research

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Staff Reports
The Origins and Evolution of Occupational Licensing in the United States

Nicholas A. Carollo | Board of Governors of the Federal Reserve System

Jason F. Hicks | University of Victoria

Andrew Karch | University of Minnesota

Morris Kleiner | Visiting Scholar
June 12, 2026
Research
The Federal Reserve Bank of Minneapolis building and logo
Recessions in Perspective
June 5, 2026
Data
Staff Reports
Reconciling Micro Elasticities with the Macro Decline in Labor SupplyLoukas Karabarbounis | Consultant
June 5, 2026
Research
Minneapolis Fed Quarterly Review
Macro-Development: Complementarities, Distortions and PoliciesFrancisco Buera | Consultant
June 1, 2026
Research
Minneapolis Fed Quarterly Review
Trade in AI-Related ProductsMichael E. Waugh | Monetary Advisor
June 1, 2026
Research
The Federal Reserve Bank of Minneapolis building and logo
From price-to-earnings to “free cash flow”: With a shift in perspective, stocks look less overpricedJeff Horwich | Senior Economics Writer
June 1, 2026
Article
Thibaut Lamadon speaking to a group of people
“Leading lights” in macro and labor economics gather in Minneapolis to push labor models forwardJeff Horwich | Senior Economics Writer
May 27, 2026
Article
Institute paper key images
Credit Supply, Firms, and Earnings Inequality

Christian Moser | Columbia University

Farzad Saidi | University of Bonn and CEPR

Benjamin Wirth | Bavarian State Office for Statistics

Stefanie Wolter | Institute for Employment Research, IAB

May 22, 2026
Research
Oil derricks in the foreground, Strait of Hormuz and a chart in the background
How long can we “look through” the Iran war commodity shock?Jeff Horwich | Senior Economics Writer
May 8, 2026
Article
The Federal Reserve Bank of Minneapolis building and logo
For governments that borrow in their own currency, a less-informed public buys timeJeff Horwich | Senior Economics Writer
May 6, 2026
Article
The Federal Reserve Bank of Minneapolis building and logo
Much more than microchips: Trade soars in AI-related goods, driving U.S. trade deficit Jeff Horwich | Senior Economics Writer
May 4, 2026
Article
Staff Reports
Default and Interest Rate Shocks: Renegotiation Matters

Victor Almeida | Carleton College

Carlos Esquivel | Rutgers University

Timothy J. Kehoe | Consultant, University of Minnesota, and National Bureau of Economic ResearchJuan Pablo Nicolini | Principal Research Economist and Universidad Torcuato Di Tella
May 4, 2026
Research