Many thanks to the presenters, discussants, and audience who made our fifth annual Institute Research Conference a success! The event video and paper PDFs are available on our website: https://bit.ly/4gSFopm

A mother's time and household income both shape children's skill outcomes. To evaluate cash assistance programs, then, we need to account for the children's future outcomes. This is @jmullins.bsky.social @umn-econ.bsky.social project in a new Institute Working Paper https://bit.ly/3WJHGhC

Watch the Institute Research Conference live online: https://bit.ly/4gSFopm @gizemkosar.bsky.social @newyorkfed.bsky.social

What do earnings changes look like for residents of neighborhoods that are better off or less well off? Watch Bryan Stuart discuss his research at the Institute Research Conference: https://bit.ly/4gSFopm

LIVE NOW! Watch the Institute Research Conference online: https://bit.ly/4gSFopm

Watch the Institute Research Conference live online: https://bit.ly/4gSFopm

What does wealth mobility look like over people’s lifetimes? Richard Audoly and his coauthors find that broadly speaking, there are four paths of wealth trajectory. Watch now: https://bit.ly/4gSFopm

Tune in to the Institute Research Conference online here: https://bit.ly/4gSFopm

Individuals' credit scores are quite stable, Nathan Hendren says. Differences in credit scores emerge early in life and persist over time. Watch live: https://bit.ly/3sRd0d9

Watch the Institute Research Conference online https://bit.ly/4gSFopm @nhendren.bsky.social

To ask a question during today’s Institute Research Conference, visit pigeonhole.at/2025INSTITUTE . Our moderators will relay select questions to presenters during Q&As.

It’s time! Our annual conference starts at 9:30am CT with opening remarks from @minneapolisfed.bsky.social President Neel Kashkari followed by a keynote with Nobel prize winner David Card. Please join us for a day of research insights and scholarly exchange! Watch here: https://bit.ly/4gSFopm

In an aging economy, long-term unemployed workers are a resource for growth and should not be overlooked. New analysis from Abigail Wozniak and Andrew Goodman-Bacon looks closely at trends in LTU: where we have come from, where we are, where we might be headed. https://bit.ly/42DHhk3

Tune in this Thursday for the Institute's annual research conference with a keynote from Nobel prize winner David Card followed by presentations on access to credit, migration from poor neighborhoods, how workers keep up with inflation, and more. https://bit.ly/4gSFopm #EconSky

Why do retirees save more than classical economic models predict? Why do couples save differently than singles? Why are more older Americans aging in place? Institute system affiliate and @richmondfed.bsky.social economist John Bailey Jones studies life’s fuzzy stuff. https://bit.ly/4hn36dS

Both money and time with parents matter for children's long-run skill development, with important implications for the optimal size and shape of government transfers. Read @jmullins.bsky.social @umn-econ.bsky.social new paper: https://bit.ly/3WJHGhC

U of MN Carlson School of Business professor Jacelly Cespedes loves it when nonfinance majors take her Finance 101 class. "If that person can understand the concept of compounding, the diversification concept—that is going to have a big effect on their financial decisions.” https://bit.ly/4q9AMQ0

Join us November 13! #EconSky

The economy is growing—but are workers seeing the benefits? In new Q&A, economist Erik Hurst explores the disconnect between rising productivity and stagnant wages, and what it means for the economy in the long run. https://bit.ly/43d3pSs

In new For All: Long-term unemployment recovered fast after COVID but may now be on the rise. Erik Hurst considers how automation + inflation change labor markets in the long run. Plus the stagnating college wage premium and the path of new mothers' wages. https://bit.ly/32ycmGd

“It is reasonable to conclude that when two elephants fight, some of the hens in the grass will suffer.”  Yewande Olapade @minneapolisfed.bsky.social discusses her research on the 2018-2019 US-China trade war and the impact on low-income countries. https://bit.ly/42I0iSo

Historical trends show that long-term unemployment rises in recessions and falls in recoveries. However, recent data indicates an uptick in LTU, which could signal future challenges. What do labor market flows tell us about where LTU may be headed? https://bit.ly/42DHhk3

💬 “We called the ‘robot’ a tractor, but the agricultural sector got automated away… It just so happened at a time when the manufacturing sector was growing.” 📖 Read the full interview with Erik Hurst in For All: https://bit.ly/43d3pSs

Long-term #unemployment can be a desperate situation. Benefits expire, savings deplete, and debts grow. Our data dive in the latest For All looks at the share of unemployed workers who eventually enter long-term unemployment: https://bit.ly/42DHhk3

As head of microeconomic analysis at the @richmondfed.bsky.social, system affiliate John Bailey Jones brings quantitative rigor to economic decisions wrapped with up emotion or tradition. "I just want to understand what makes people tick." Read in new For All: https://bit.ly/4hn36dS

As head of microeconomic analysis at the @richmondfed.bsky.social, system affiliate John Bailey Jones brings quantitative rigor to economic decisions wrapped with up emotion or tradition. "I just want to understand what makes people tick." Read in new For All: https://bit.ly/4hn36dS

When a worker is out of a job, they face a decision about whether to search for a new one. In the new For All, we take a look at the share of unemployed individuals who find a new job, exit the labor force, or remain unemployed for 27 weeks or more. https://bit.ly/47vuClR

Since the early 1980s, the economy has been growing—but real wages have not. Institute advisor Erik Hurst @beckerfriedman.bsky.social reflects on the economic causes and consequences of wage stagnation. Read his interview in the new For All: https://bit.ly/43d3pSs

As an economist @minneapolisfed.bsky.social, Yewande Olapade supports the large bank "stress test" program to validate the safety and soundness of banks. Now she is leveraging those skills to learn about the safety and soundness of the communities those banks serve. https://bit.ly/42I0iSo

"I really like thinking about policy systems. What are the rules we as a society have set down about how we organize ourselves?" Visiting scholar Katherine Richard talks about the levers available to address economic inequality: https://bit.ly/4hmbOZW

It has been an active year in the U.S. economy. Watching for clues to the economy’s direction is important in many sectors and of course at the Fed. But the drivers of economic opportunity and inclusive growth often only come into view over time. https://bit.ly/475QG5i

Of total #unemployed, the share unemployed for 27 weeks or more increased from 20.4% in May to 25.7% in August. Even small increases are worth close attention, as they can have significant implications for the #economy. Read our new article for more: https://bit.ly/42DHhk3

@richmondfed.bsky.social John Bailey Jones’ latest research focuses on the surge in older Americans aging-in-place—a decision both sentimental and financial, with implications for housing markets and labor mobility. Read more in @jeffhorwich.bsky.social For All spotlight. https://bit.ly/4hn36dS

Jacelly Cespedes has a passion for household finance. After an econ undergrad during the 2008 financial crisis, she got an MBA and then a Ph.D. in finance. Now she studies how financial regulation impacts banks and households. Read Danielle Cabot's spotlight: https://bit.ly/4q9AMQ0

Automation, inflation, and firm power are changing labor markets. Institute advisor and Chicago Booth professor Erik Hurst wants to know how we will adjust in the long run. Read his interview with senior writer @lisacamnermckay.bsky.social: https://bit.ly/43d3pSs

Rapid rise. Quick recovery. Long-term unemployment did not stay high for long after the COVID recession. But the baseline to which the labor market returned is itself the product of substantial long-run changes. From Abigail Wozniak & Andrew Goodman-Bacon in new For All: https://bit.ly/42DHhk3

At our research conference on 11/13, Nathaniel Hendren will present research on the determinants of credit access in the US. Which groups have more and less access to credit? Vicki Bogan discusses. Register here: https://bit.ly/4gSFopm #EconSky

In a recent research feature, @jeffhorwich.bsky.social looks at an Institute working paper that offers one contributor to the widening gender pay gap: Unlike fathers, new mothers tend to move to lower-paying firms after their child’s birth. bit.ly/4mONNvK

We are one month away from the 2025 Institute Research Conference! Are you registered? Join us for presentations on wealth mobility, neighborhood migration, credit access, how workers keep up with inflation, and subjective uncertainty. More info here: https://bit.ly/4gSFopm

Frontier economics meets real-world impact. Join us Nov. 13 for the Opportunity & Inclusive Growth Institute’s annual conference with a keynote address from Nobel laureate David Card. Full agenda at the link. #EconResearch https://bit.ly/4gSFopm

Decades after US-China trade increased, how have local economies and the workers they support fared? Manufacturing continued its decline, but employment growth in non-manufacturing was stronger. It's a story with many sides, as our article explains: https://bit.ly/4muNB5N

One way to think about income inequality is to compare a group’s share of earners to its share of earnings. For ex, men are 51% of earners in IDDA but receive 61% of income (gap of+10 ppts). Hispanic earners are 15.4% but earn 11.5% (gap of -3.9 ppts). https://bit.ly/46XR1Fu

Mark your calendars for the 2025 Institute Research Conference, a showcase of frontier-style research that the Institute engages with and supports. Register now and we'll send you a calendar invite with the livestream link 👇 https://bit.ly/4gSFopm #EconSky

Our new article looks at an interesting economic relationship: when women’s labor force participation was growing, recessions were milder. To better understand the U.S. economy's business cycles, then, we should look at men's and women's labor separately https://bit.ly/44VtB5r

In the newest installment of Inquiring Minds, @lukasfreund.bsky.social talks about incremental vs radical innovation and why the scale of technological change over last 200 years matters. Read it here: https://bit.ly/3I6HHIN

New research: First-time moms not only cut back on hours--they move to progressively lower-paying firms during the decade after birth. Meanwhile, new dads keep climbing the ladder. More findings from visiting scholar @btimpe.bsky.social & co-authors. https://bit.ly/4mONNvK

What does income growth look like for earners of different racial and ethnic groups? For earners with income in the second quartile of the distribution in 2014, average annual income growth was $3,892 a year for Asian earners and $1,843 for AIAN earners. https://www.minneapolisfed.org/idda

In 2019, women's earnings at the median were 74% of men’s. This ratio was driven largely by White earners, who have the lowest W-to-M ratio of the racial and ethnic groups in IDDA. The earnings of Black women were closet to parity. For more, visit: https://www.minneapolisfed.org/idda  

For this installment of Inquiring Minds, Institute intern Sydney Dettman sat down with visiting scholar @lukasfreund.bsky.social to discuss opportunity costs, technological change, and the incredible life of Albert Hirschman. Read more bit.ly/3I6HHIN

Earning a college degree has been a path to higher wages for a very long time. But for last 20 years, the gap in wages of college-educated and HS–educated workers has plateaued. Read our new article about research from Bengali, Valletta, & Zhao at the San Francisco Fed. bit.ly/4mUUNaZ