In its Inaugural Grant Program, INET awarded about $3.8 million to 27 different projects and $3.2 million to four Research Programs. Research Programs are led by an INET advisory board member or other prominent scholar appointed by INET around topics that INET sees as particularly important.
Collectively, these initiatives receive about $7 million in INET grants to address many of the most challenging issues facing economics today. Some of them wrestle with questions posed by the global financial crash of 2008, some with issues neglected by the economics profession, such as inequality, or in fields outside the mainstream preoccupations, such as in economic history.
More than 50 grantees from 11 different countries are involved in the projects. They were selected out of more than 500 proposals submitted in the summer, which were then narrowed down to 70 finalists before the final determinations were made by the INET governing board.
You can see all the projects below, and click through to see a fuller explanation, or see the bios of the grantees involved in the project.
The inaugural grants
- A Large Scale Network Analysis of Firm Trade Credit; Leanne Ussher, Sorin Solomon, Marco Lamieri
- A Proposal to Develop Emotional Finance; David Tuckett
- A Spatial Approach to Macroeconomic Inference; Arindrajit Dube, Ethan Kaplan
- A Stability and Growth Union: Putting EMU on Track
- An Agent Based Model of the Current Economic Crisis; Doyne Farmer, John Geanakoplos, Peter Howitt, Robert Axtell
- Berkeley Economic History Lab; Barry Eichengreen
- Competition and Equality in Imperial China; Qian Dai
- Developing a Market-Based Concept of System Risk; Edward J. Kane, Armen Hovakimian, Luc Laeven
- Drivers of Technology Adoption; Diego Comin
- Economic Theories and Historical Consequences; Sophus Reinert, Francesca Vlano
- Economics: Value Neutral or Value Entangled; Sanjay Reddy
- Financial Contagion: Theory and Experiments; Douglas Gale, Marco Cipriani, Antonio Guarino
- Financial Fragility and Systemic Risk; Domenico Delli Gatti
- How Big is Too Big? What Should Finance Do and How Much Should It be Cut Down to Size?; Gerald Epstein
- Research Program for Human Capital and Economic Opportunity; James Heckman
- In Search of the Financial Accelerator; David Weinstein
- Knightian Uncertainty, Informational Inefficiency and Financial Markets; Jayant Ganguli, Scott Condie
- Legal Fiction: An Intellectual History of the COASE Theorem; Steven Medema
- Long Term Costs of Macroeconomic Instability; Margaret Levenstein, Naomi Lamoreaux
- Model Complexity and Prediction Error in Macroeconomic Forecasting; Cosma Shalizi, Mark Schervish, Daniel McDonald
- Origins of the Graduate Economics Canon in the United States; Irwin Collier
- Paul Samuelson and the Keynesian Golden Age; Wade Hands
- Technology-Skill Complementarity on the Eve of the Industrial Revolution; Karine van der Beek
- Research Program History of Economic Thought; Bruce Caldwell
- Robustness of Policy Analysis to Departures from Model-Consistent Expectations; Michael Woodford
- The Divergence of England; James Robinson, Steven Pincus
- The Evolution of the Wealth and Income Distributions Across Generations; Melissa Tartari
- The Evolutionary Paths Toward the Financial Abyss; Giovanni Dosi
- The Global Finance and Law Initiative; Katharina Pistor
- The Long Run History of Economic Inequality; Facundo Alvaredo, Tony Atkinson, Salvatore Morelli
- The Mathematics of Capital, Inventory, Financial Capital and Utility; David Harris, Timothy Glatzer, Amy Blake
- The Methodology of Systemic Risk; John Davis, Wade Hands
- The Nobel Memorial Prize in Economics; Avner Offer, Philip E. Mirowski, Gabriel Söderberg
- The Resurgence of Keynesian Macroeconomics; Steven Fazzari
- The Stock Market and Innovative Enterprise; William Lazonick






