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National Bureau Of Economic Research
The National Bureau of Economic Research (NBER) is an American private nonprofit research organization "committed to undertaking and disseminating unbiased economic research among public policymakers, business professionals, and the academic community." The NBER is known for proposing start and end dates for recessions in the United States. Many chairpersons of the Council of Economic Advisers were previously NBER research associates, including the former NBER president and Harvard professor Martin Feldstein. The NBER's current president and CEO is James M. Poterba of MIT. History Founding The NBER was established in 1920 following debates during the Progressive era over income distribution. Founded by Malcolm Rorty and Nachum Stone, the NBER aimed to fill the information gap on economic data. The organization's research is restricted to presenting data and findings without making policy recommendations. Early years The NBER initially received support from the Carnegie F ...
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National Bureau Of Economic Research Offices
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Book Store, a bookstore and office supplies chain in the Philippines * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900–1924 * National Radio Company, Malden, Massachusetts, USA 1914–1991 * National ...
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Milton Friedman
Milton Friedman (; July 31, 1912 – November 16, 2006) was an American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. With George Stigler, Friedman was among the intellectual leaders of the Chicago school of economics, a neoclassical school of economic thought associated with the faculty at the University of Chicago that rejected Keynesianism in favor of monetarism before shifting their focus to new classical macroeconomics in the mid-1970s. Several students, young professors and academics who were recruited or mentored by Friedman at Chicago went on to become leading economists, including Gary Becker, Robert Fogel, and Robert Lucas Jr. Friedman's challenges to what he called "naive Keynesian theory" began with his interpretation of consumption, which tracks how consumers spend. He introduced a theory w ...
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Guido Imbens
Guido Wilhelmus Imbens (born 3 September 1963) is a Dutch-American economist whose research concerns econometrics and statistics. He holds the Applied Econometrics Professorship in Economics at the Stanford Graduate School of Business at Stanford University, where he has taught since 2012. In 2021, Imbens was awarded half of the Nobel Memorial Prize in Economic Sciences jointly with Joshua Angrist "for their methodological contributions to the analysis of causal relationships." Their work focused on natural experiments, which can offer empirical data in contexts where controlled experimentation may be expensive, time-consuming, or unethical. In 1994 Imbens and Angrist introduced the local average treatment effect (LATE) framework, an influential mathematical methodology for reliably inferring causation from natural experiments that accounted for and defined the limitations of such inferences. Imbens' work with Angrist, together with the work of Alan Krueger and co-recipient ...
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David Card
David Edward Card (born 1956) is a Canadian-American labour economist and the Class of 1950 Professor of Economics at the University of California, Berkeley, where he has been since 1997. He was awarded half of the 2021 Nobel Memorial Prize in Economic Sciences "for his empirical contributions to labour economics", with Joshua Angrist and Guido Imbens jointly awarded the other half. Early life and career David Card was born in Guelph, Ontario, in 1956. His parents were dairy farmers. Card is a graduate of John F. Ross Collegiate Vocational Institute, he attended it between the years of 1970 to 1975. Card was originally pursuing a degree in physics, before eventually switching to economics. He then earned his Bachelor of Arts degree from Queen's University in 1978 and his Ph.D. degree in economics in 1983 from Princeton University, after completing a doctoral dissertation titled "Indexation in long term labor contracts" under the supervision of Orley Ashenfelter. Card bega ...
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Joshua Angrist
Joshua David Angrist (; born September 18, 1960) is an Israeli American economist and Ford Professor of Economics at the Massachusetts Institute of Technology. Angrist, together with Guido Imbens, was awarded the Nobel Memorial Prize in Economics in 2021 "for their methodological contributions to the analysis of causal relationships". He ranks among the world's top economists in labor economics, urban economics, econometrics, and the economics of education, and is known for his use of quasi-experimental research designs (such as instrumental variables) to study the effects of public policies and changes in economic or social circumstances. He is a co-founder and co-director of MIT's Blueprint Labs, which researches the relationship between human capital and income inequality in the U.S. He also cofounded Avela, an ed-tech startup that provides application and enrollment-related software and services to school districts, schools of all kinds, organizations like Teach f ...
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Ben Bernanke
Ben Shalom Bernanke ( ; born December 13, 1953) is an American economist who served as the 14th chairman of the Federal Reserve from 2006 to 2014. After leaving the Federal Reserve, he was appointed a distinguished fellow at the Brookings Institution. During his tenure as chairman, Bernanke oversaw the Federal Reserve's response to the 2008 financial crisis, for which he was named the 2009 Time Person of the Year, ''Time'' Person of the Year. Before becoming Federal Reserve chairman, Bernanke was a tenured professor at Princeton University and chaired the Princeton University Department of Economics, Department of Economics there from 1996 to September 2002, when he went on public service leave. Bernanke was awarded the 2022 Nobel Memorial Prize in Economic Sciences, jointly with Douglas Diamond and Philip H. Dybvig, "for research on banks and financial crises", more specifically for his analysis of the Great Depression. From August 5, 2002, until June 21, 2005, he was a member ...
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Claudia Goldin
Claudia Dale Goldin (born May 14, 1946) is an American economic historian and labor economist. She is the Henry Lee Professor of Economics at Harvard University. In October 2023, she was awarded the Nobel Memorial Prize in Economic Sciences "for having advanced our understanding of women's labor market outcomes”. The third woman to win the award, she was the first woman to win the award solo. She is a co-director (co-directing with Claudia Olivetti and Jessica Goldberg) of the National Bureau of Economic Research's (NBER) Gender in the Economy study group, and was the director of the NBER's Development of the American Economy program from 1989 to 2017. Goldin's historical work on women and the American economy is what she is best known for. Regarding that subject, her papers that have been most influential have been those about the impact of the contraceptive pill on women's career and marriage decisions, the education of women and men together in higher education, the hi ...
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James A
James may refer to: People * James (given name) * James (surname) * James (musician), aka Faruq Mahfuz Anam James, (born 1964), Bollywood musician * James, brother of Jesus * King James (other), various kings named James * Prince James (other) * Saint James (other) Places Canada * James Bay, a large body of water * James, Ontario United Kingdom * James College, York, James College, a college of the University of York United States * James, Georgia, an unincorporated community * James, Iowa, an unincorporated community * James City, North Carolina * James City County, Virginia ** James City (Virginia Company) ** James City Shire * James City, Pennsylvania * St. James City, Florida Film and television * James (2005 film), ''James'' (2005 film), a Bollywood film * James (2008 film), ''James'' (2008 film), an Irish short film * James (2022 film), ''James'' (2022 film), an Indian Kannada-language film * "James", a television Adventure Time (season 5)#ep42, ...
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Simon Johnson (economist)
Simon H. Johnson (born January 16, 1963) is a British-American economist who has served as the Ronald A. Kurtz Professor of Entrepreneurship at the MIT Sloan School of Management since 2004.https://mitsloan.mit.edu/shared/ods/documents?PersonID=41226&DocID=11324 He also served as a senior fellow at the Peterson Institute for International Economics from 2008 to 2019. Before moving to MIT, he taught at Duke University's Fuqua School of Business from 1991 to 1997. From March 2007 through the end of August 2008, he served as Chief Economist of the International Monetary Fund. In 2024, Johnson, Daron Acemoglu, and James A. Robinson were awarded the Nobel Memorial Prize in Economic Sciences for their comparative studies in prosperity between nations. Education Born in 1963 in Sheffield, Johnson was privately educated at Abbotsholme School in Rocester and then went onto read Philosophy, Politics and Economics (PPE) at the University of Oxford where he was an undergraduate studen ...
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Daron Acemoglu
Kamer Daron Acemoğlu (;, ; born September 3, 1967) is a Turkish Americans, Turkish-American economist of Armenians in Turkey, Armenian descent who has taught at the Massachusetts Institute of Technology since 1993, where he is currently the James Rhyne Killian, Elizabeth and James Killian Professor of Economics, and was named an List of Institute Professors at the Massachusetts Institute of Technology, Institute Professor at MIT in 2019. He received the John Bates Clark Medal in 2005, and the Nobel Memorial Prize in Economic Sciences, Nobel Prize in Economics in 2024. Acemoglu ranked third, behind Paul Krugman and Greg Mankiw, in the list of "Favorite Living Economists Under Age 60" in a 2011 survey among American economists. In 2015, he was named the most cited economist of the past 10 years per Research Papers in Economics (RePEc) data. According to the Open Syllabus Project, Acemoglu is the third most frequently cited author on college syllabus, syllabi for economics courses ...
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Great Recession
The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.“US Business Cycle Expansions and Contractions”
United States NBER, or National Bureau of Economic Research, updated March 14, 2023. This government agency dates the Great Recession as starting in December 2007 and bottoming-out in June 2009.
The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system ...
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James Poterba
James Michael "Jim" Poterba, FBA is an American economist who is the Mitsui Professor of Economics at the Massachusetts Institute of Technology, and current National Bureau of Economic Research (NBER) president and chief executive officer. Early life and education Poterba was born in New York City. He attended Pennsbury High School in Pennsylvania, where he won the 1976 championship of the National Forensic League in policy debate. He completed his A.B., summa cum laude, in 1980 from Harvard University and completed his PhD in 1983 from Nuffield College, Oxford. He was a Marshall Scholar. Academic career Poterba started his career as an instructor in economics at the Massachusetts Institute of Technology. He became Professor of Economics at MIT in 1988. Today, he is the Mitsui Professor of Economics. He became the president of the National Bureau of Economic Research on 1 July 2008. Research Poterba is known for his research on how taxation affects the economic decisions o ...
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