The mission of the 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.
The Opportunity & Inclusive Growth Institute is dedicated to understanding how economic opportunity and inclusion work in America today. Institute research looks beyond aggregate economic indicators to examine how individuals, communities, workers, and families are faring within the U.S. economy. Housed in the Research division at the Federal Reserve Bank of Minneapolis, the Institute puts a focus on these topics within the Federal Reserve System’s research community and shares these insights widely. Our goal is to help all Americans have real economic opportunity and participate in a growing economy.
How do we do this?
We conduct and enable transformational research projects. To catalyze new research and analysis, the Institute is committed to hosting and funding high-impact projects and making the data and results publicly available. For example, the statistics in our Income Distributions and Dynamics in America resource can be used to analyze income fluctuations, income mobility, and income differences within and across groups in the United States for a two-decade period leading up to the pandemic.
We are a known and impactful resource in our mission areas. Our annual Institute Research Conference showcases the latest researcher advancing our understanding of economic opportunity. It connects researchers based on this shared interest and builds connections across disciplines and career stages. We also host events that synthesize focus on timely questions and provide an opportunity for participation and feedback from wider communities. In addition, we share research insights broadly with community groups, policymakers, policy analysts, and academics. We do this through our magazine, For All, as well as articles, policy briefs, interviews, and other content on our website.
We excel at developing our team and an inclusive scholarly culture. Our economists produce cutting-edge research informed by a diversity of perspectives and methods. We also gather a robust group of visiting scholars every year, building relationships with a broad group of researchers from across the nation and around the world to work with our staff researchers, academic consultants, and one another. Through these efforts and our research assistant program, we foster excellence and diversity in the next generation of researchers.