The Stanford Institute for Economic Policy Research (SIEPR) is a research organization committed to scholarship that helps address the real-world challenges facing governments and businesses in the United States and around the world. SIEPR’s goal is to raise living standards and improve the quality of life by making economic policy more effective at all levels. We do this by building enduring relationships between Stanford scholars and decisionmakers in business, technology, and government. Through SIEPR, Stanford faculty members have become advisors in policy areas ranging from health care and education to trade and financial regulation. Our reach is global. For example, SIEPR scholars have helped shape Medicare and Social Security, made the banking system more accessible to the rural poor in India, and designed innovative electronic markets on the Internet.