The Center for Dynamic Economics (CEDEC) is an umbrella group of Washington University macroeconomics faculty. CEDEC supports theoretical, empirical and policy-oriented research by campus and visiting faculty on a wide range of macroeconomic issues in which forward-looking behavior is an essential element. Among these are growth, development and poverty; capital mobility, technology and trade; financial markets, banks and asset prices; labor and unemployment; wealth and income distribution; money and credit; monetary and fiscal policy; and many others.
The Center for Research in Economics and Strategy advances understanding of firms and markets by supporting scientific research employing state-of-the-art analytical and/or empirical methods. Intended for publication in top-tier academic journals, Center-sponsored research addresses substantive questions in areas including industrial organization, business strategy, game theory and applications such as organization and incentive design, pricing and industry evolution. Research at the interface of economics and strategy is of particular interest, but economics-based research in any area is welcome.
The Economic Theory Center serves to support research in economic theory at Washington University in St. Louis. It sponsors research-related activities such as outside speakers, visitors, and conferences, as well as serving to promulgate research conducted by center members. There are many topics in economic theory supported by the Center, including game theory, decision theory, behavioral economics, general equilibrium theory, and mechanism design.
The Weidenbaum Center is a non-profit, nonpartisan research organization at Washington University in St. Louis. Founded in 1975, it is recognized nationwide. The Weidenbaum Center supports scholarly research in the fields of economics, government and public policy. It works closely with the Department of Economics, the Department of Political Science, and other academic units of Washington University.
The Center in Political Economy offers Ph.D. students in Economics and Political Science the opportunity to pursue a field concentration as well as dissertation research in Political Economy. The Center also offers an interdisciplinary M.A. degree in Political Economy and Public Policy.
The Center for New Institutional Social Sciences originated with the work of Douglass C. North, Nobel Memorial Prize Laureate in Economic Sciences in 1993. Central to Professor North’s work is applying economics more effectively in enhancing the growth and development of individual nations. The center started operations in 2001 and established its base programs by 2004. The center is focusing its efforts on two main goals:
- Promoting new institutional designs to help foster the political stability and economic growth of developing and transition economies.
- Drawing on the various social sciences in an interdisciplinary effort to make practical progress towards that first goal.
The Federal Reserve Bank of St. Louis is the center of the Eighth District of the Federal Reserve System which includes Arkansas, eastern Missouri, southern Illinois and Indiana, western Kentucky and Tennessee and northern Mississippi. The Research Division advises the Bank president on matters of economic policy, monitors the economic and financial literature, and produces research in the areas of money and banking, macroeconomics, and international and regional economics.