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 has 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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Institute Working Papers

Nonlinear Pricing in Village Economies

Institute Working Paper 23 | August 26, 2019

Orazio Attanasio | University College London, Institute for Fiscal Studies, CEPR, FAIR at NHH, and NBER
Elena Pastorino

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Pay, Employment, and Dynamics of Young Firms

Institute Working Paper 21 | August 5, 2019

Tania Babina | Columbia University
Wenting Ma | University of Massachusetts Amherst
Christian Moser | Opportunity & Inclusive Growth Institute Visiting Scholar and Columbia University
Paige Ouimet | University of North Carolina at Chapel Hill
Rebecca Zarutskie | Board of Governors of the Federal Reserve System

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System Working Papers

The Marginal Propensity to Hire

System Working Paper 19-06 | February 20, 2019

Davide Melcangi | Federal Reserve Bank of New York

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The Founding of the Federal Reserve, the Great Depression and the Evolution of the U.S. Interbank Network

System Working Paper 19-05 | February 12, 2019

Matthew Jaremski | Utah State University
David C. Wheelock | Federal Reserve Bank of St. Louis

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Working Together For Inclusive Growth

Visiting Scholar Program

The Institute annually invites selected scholars to pursue research while in residence at the Minneapolis Fed. These scholars all have Ph.D.’s in the Social Sciences with a demonstrated ability to conduct high-level, peer-reviewed scholarly research. Scholars are selected based upon a research proposal related to the Institute’s mission.

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Coming Together For Inclusive Growth


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.


Conference Series

Fall 2019 Institute Conference

Federal Reserve Bank of Minneapolis | October 3-4, 2019 | Minneapolis, Minnesota

This Opportunity & Inclusive Growth Institute conference—co-sponsored by the Brookings Institution’s Future of the Middle Class Initiative—will bring together scholars, policy makers, and practitioners to tackle a collection of housing issues.

Spring 2019 Institute Conference

Federal Reserve Bank of Minneapolis | April 9-10, 2019 | Minneapolis, MN

The Opportunity & Inclusive Growth Institute's fifth conference explored and discussed the distributional consequences of the business cycle and monetary policy.

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