National Bureau of Economic Research | NBER
Founded in 1920, the NBER is a private, non-profit, non-partisan organization dedicated to conducting economic research and to disseminating research findings among academics, public policy makers, and business professionals.
Business Cycle Dating | NBER
The NBER’s Business Cycle Dating Committee maintains a chronology of US business cycles. The chronology identifies the months of peaks and troughs of economic activity. Expansions are the periods between a trough and a peak; recessions are the periods between a peak and a trough. By convention ...
How the US-China Trade War Affected the Rest of the World
U pendin g a decades-long effort to reduce global trade barriers, China and the United States began mutually escalating tariffs on $450 billion in trade flows in 2018 and 2019. These tariff increases reduced trade between the US and China, but little is known about how trade was affected in the rest of the world. In The US-China Trade War and Global Reallocations (NBER Working Paper 29562 ...
Unpacking the Causes of Pandemic-Era Inflation in the US
After several decades of relatively low and stable inflation, in 2021 the US experienced a sharp rise in the pace of price increases. The annual inflation rate, as measured by the Consumer Price Index, was 1.7 percent in February 2021 but rose to more than 5 percent in June 2021.
Wealth Inequality in the United States - NBER
Jun 30, 2021 · 1. “Household Wealth Trends in the United States, 1962 to 2019: Median Wealth Rebounds …But Not Enough,” Wolff E. NBER Working Paper 28383, January 2021.Published in part as “The Declining Wealth of the Middle Class, 1983–2016,” Contemporary Economic Policy 39(3), July 2021, pp. 461–478.
Research | NBER
Average property insurance premiums have risen by more than 30 percent since 2020, and there is wide variation by location. Premiums have risen the most for homeowners in areas with the highest risk of natural disasters such as hurricanes or wildfires.While premiums have always been higher in riskier locations, the relationship between disaster risk and premiums has grown stronger over time.
Conferences | NBER
The NBER convenes over 120 meetings each year at which researchers share and discuss their latest findings and launch new projects. The Summer Institute, a collection of nearly 50 smaller meetings, is held annually in July.
The Economic Impact of Climate Change over Time and Space
Jan 5, 2022 · Climate change is an unintended consequence of the industrialization of the world economy. The evidence that human activity has released large amounts of CO 2 into the atmosphere, leading to rising global temperatures, is by now uncontroversial. However, so far, the scientific and political recognition of this reality has not translated into a commitment to emissions reductions sufficient to ...
The Role of Innovation and Entrepreneurship in Economic Growth
Mar 1, 2022 · Michael Andrews, Aaron Chatterji, Josh Lerner, and Scott Stern, editors. We live in an era in which innovation and entrepreneurship seem ubiquitous, particularly in regions like Silicon Valley, Boston, and Research Triangle Park.
US Environmental Policies, the Environment, and the Economy
Jul 5, 2022 · 1. “Regulating Mismeasured Pollution: Implications of Firm Heterogeneity for Environmental Policy,” Lyubich E, Shapiro J, Walker R. NBER Working Paper 24228, January 2018, and AEA Papers and Proceedings 108, 2018, pp. 136–142.