Social Studies
MN

Economics

Preparing students to confront vital issues, raise critical perspectives, and explore new methodologies in the study of the fundamental concepts of power and change.

Wages have stagnated in the US. Here's why

Stagnant or falling earnings have put a squeeze on working- and middle-class households, says UMN Economics professor Fatih Guvenen and colleagues.

Time for a Fresh Look at Pension Design

In a Heller-Hurwicz Economics Institute policy brief, economists Kurt Winkelmann and Jahiz Barlas write that policymakers should be concerned about the ability of many of the world’s pension systems to deliver on their promises. It is time, they believe, to build a new foundation for pension systems using the tools of quantitative economic analysis with aggregate welfare as the evaluation yardstick.