NERA Economic Consulting, Inc., or National Economic Research Associates, is an economic

consulting firm A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants. Consulting firms may have one employee or thousands; they may consult in a broad range ...

founded in 1961. It was the first consulting firm dedicated to methodically applying microeconomic theory to litigation and regulatory matters. The firm applies econometric and statistical analysis to provide strategy, studies, reports, expert testimony, and policy recommendations for government authorities, law firms, and corporations. The company is based in the United States and has offices in North America, Europe, Asia, and Australia. NERA employs more than 500 professionals, most of whom have advanced degrees in economics, finance, law or business. NERA is a part of the

Oliver Wyman Group Oliver Wyman is an American management consulting firm. Founded in New York City in 1984 by former Booz Allen Hamilton partners Alex Oliver and Bill Wyman, the firm has more than 60 offices in Europe, North America, the Middle East, and Asia-P ...

, a subsidiary of the Marsh and McLennan Companies, a global professional services firm.

Recognition

NERA ranked second in Vault's 2018 survey of the top firms in economic consulting. ''The'' ''New York Times'' called it "one of the country’s oldest and best-known economic consultancies."

Laurence Tribe Laurence Henry Tribe (born October 10, 1941) is an American legal scholar who is a University Professor Emeritus at Harvard University. He previously served as the Carl M. Loeb University Professor at Harvard Law School. A constitutional law sc ...

, professor of constitutional law at

Harvard Law School Harvard Law School (Harvard Law or HLS) is the law school of Harvard University, a private research university in Cambridge, Massachusetts. Founded in 1817, it is the oldest continuously operating law school in the United States. Each c ...

, said that NERA is "one of the world’s foremost economic consultancies." In June 2017, President Donald Trump cited statistics from a study by NERA in a speech announcing his plan to pull the United States out of the

Paris Agreement The Paris Agreement (french: Accord de Paris), often referred to as the Paris Accords or the Paris Climate Accords, is an international treaty on climate change. Adopted in 2015, the agreement covers climate change mitigation, adaptation, and ...

. The study, which was prepared to measure the economic impact of hypothetical regulatory actions necessary to meet the goals of the Paris Agreement, was criticized for overestimating the costs of reducing greenhouse gas emissions. In a response, NERA said that the

Trump Administration Donald Trump's tenure as the List of presidents of the United States, 45th president of the United States began with Inauguration of Donald Trump, his inauguration on January 20, 2017, and ended on January 20, 2021. Trump, a Republican Party ...

selectively used results of the study that mischaracterized its purpose and analysis.

References

External links

Official Website
{{Authority control Macroeconomics consulting firms Consulting firms established in 1961 Consulting firms of the United States International consulting firms

Recognition

See also

References

External links