National Bureau of Economic Research
| National Bureau of Economic Research | |
| Founded | 1920 |
|---|---|
| Headquarters | Home office in Cambridge, Massachusetts |
| Products | Nonprofit, nonpartisan research organization with the aim of educating about how the economy works |
| Web site | www.nber.com |
The National Bureau of Economic Research (NBER) is a private, nonprofit, nonpartisan research organization founded in 1920 to promote a greater understanding of how the economy works. Sixteen of the 31 American Nobel Prize winners on the subject of economics and six of the past chairmen of the President’s Council of Economic Advisers have been researchers at the NBER.[1]
The NBER depends on funding from individuals, corporations, and private foundations to maintain its independence and its flexibility in choosing its research activities. It concentrates on the development of statistical measures of the economy, the estimation of quantitative models of human behavior, the analysis of how existing government policies are impacting the economy, and the analysis of how proposed government policies are likely to impact the economy.
The NBER is the official arbiter of when recessions begin.[2]
The bureau's main office is in Cambridge, Massachusetts, with additional offices in Palo Alto, California, and New York City.[3]
Key People[edit]
The NBER is governed by a board of directors with representatives from the leading U.S. research universities, major national economics organizations, business, trade unions, and academe. Dr. James Poterba is the NBER's president and chief executive officer. In addition to the research associates and faculty research fellows, the bureau employs a support staff of 45.
- President and Chief Executive Officer, Martin Feldstein
- Vice President for Administration and Budget, Susan Colligan
- Controller, Kelly Horak
Board of Directors[edit]
- Chairman, Elizabeth E. Bailey
- Vice Chairman, John S. Clarkeson
- Treasurer, Robert Mednick
DIRECTORS AT LARGE DIRECTORS BY UNIVERSITY APPOINTMENT DIRECTORS BY APPOINTMENT OF OTHER ORGANIZATIONS
- Richard B. Berner, National Association for Business Economics
- Gail Fosler, The Conference Board
- Richard C. Green, American Finance Association
- Dr. Arthur Kennickell, American Statistical Association
- Thea Lee, American Federation of Labor and
- Congress of Industrial Organizations
- Robert Mednick, American Institute of Certified Public Accountants
- Angelo Melino, Canadian Economics Association
- Jeffrey M. Perloff, American Agricultural Economics Association
- John J. Siegfried, American Economic Association
- William W. Lewis, Committee for Economic Development
- Gavin Wright, Economic History Association
- Peter Aldrich
- Elizabeth E. Bailey
- John Herron Biggs
- Andrew Brimmer
- John S. Clarkeson
- Don R. Conlan
- Kathleen B. Cooper
- George Eads
- Jessica P. Einhorn
- Martin Feldstein
- Jacob A. Frenkel
- Judith M. Gueron
- Robert S. Hamada
- George Hatsopoulos
- Karen N. Horn
- Judy Lewent
- John Lipsky
- Laurence H. Meyer
- Michael H. Moskow
- Alicia Munnell
- Rudolph A. Oswald
- Robert T. Parry
- Marina v. N. Whitman
- Martin B. Zimmerman
- George Akerlof, California, Berkeley
- Jagdish W. Bhagwati, Columbia
- Michael J. Brennan, California, Los Angeles
- Glen G. Cain, Wisconsin
- Ray C. Fair, Yale
- Franklin Fisher, MIT
- Saul H. Hymans, Michigan
- Marjorie B. McElroy, Duke
- Joel Mokyr, Northwestern
- Andrew Postlewaite, Pennsylvania
- Craig Swan, Minnesota
- Uwe Reinhardt, Princeton
- Nathan Rosenberg, Stanford
- David B. Yoffie, Harvard
- Arnold Zellner, Chicago
Resources[edit]
References[edit]
- ↑ Press Release. NBER.
- ↑ Recession Is Here, Economist Declares. Boston Globe.
- ↑ NBER Information. National Bureau of Economic Research.