The recent financial crisis has deeply affected the well-being of people across the globe and reignited interest in an old and important public policy question: How should financial markets be structured and what is the role of government regulation in ensuring that the financial system functions efficiently? Are financial crises in the US and abroad indeed inevitable? What can theory and evidence-based economic research teach us about how monetary, fiscal and tax policy should be designed?
Economists associated with the University of Minnesota have long played a central role in the analysis of financial market regulation. The Institute invests in research that engages in these questions and encourages dialogue on these topics among economic theorists, policymakers and business leaders.