National Bureau of Economic Research | NBER
WEBFounded 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
WEBThe NBER’s Business Cycle Dating Committee maintains a chronology of US business cycles. The chronology identifies the dates of peaks and troughs that frame economic recessions and expansions. A recession is the period between a peak of economic activity and its subsequent trough, or lowest point. Between trough and peak, the economy is in …
Unpacking the Causes of Pandemic-Era Inflation in the US
WEBThe 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. It continued rising for another year, peaking at about 9 percent in June 2022. The rise in the inflation rate has been attributed to many factors. The US response to the COVID-19 pandemic included a ...
How the US-China Trade War Affected the Rest of the World
WEBA free monthly publication featuring non-technical summaries of research on topics of broad public interest. How the US-China Trade War Affected the Rest of the World. Upending 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 ...
The Benefits of Rehabilitative Incarceration | NBER
WEBApr 6, 2020 · Figure 2. In Norway, the average time spent in prison is a little over six months, which is similar to most other Western European countries. This contrasts with average US prison time of almost three years, which is in large part the reason the United States is an outlier in its incarceration rate compared with the rest of the world [Figure 1].
Research | NBER
WEBThe Reporter is a free quarterly publication featuring program updates, affiliates writing about their research, and news about the NBER. Subscribe to the Free Reporter. On July 1, the Program on Children was renamed the Program on Children and Families. This change, which better captures the range of research carried out by its 171 affiliates ...
US Environmental Policies, the Environment, and the Economy
WEBJul 5, 2022 · Launched in 2007, the NBERs Environment and Energy Economics (EEE) Program brings together scholars working on environmental, energy, and natural resource economics. The EEE Program now has 126 affiliated researchers, 53 of whom share an appointment in another NBER program. EEE researchers have …. 12/31/2023.
Long-Run Trends and the Natural Rate of Unemployment
WEBJun 30, 2021 · In the aftermath of the Great Recession, the natural rate of unemployment gradually declines roughly in line with its secular trend. The natural rate toward the end of 2018 was 3.8 percent, with a confidence interval between 3.4 and 4.5 percent, consistent with the unemployment gap being around zero before the pandemic.
WEB3.1. Challenges in studying the impact of college costs and financial aid. Standard models of human capital investment predict that in the absence of liquidity constraints, students will enroll and persist in higher education as long as the marginal benefits of doing so outweigh the costs (e.g., Becker, 1964).
WEBexperienced an average decrease of 11.5 hours of work per week and a 21% decrease in weekly earnings, arnings for 52% of the sample, which again re ects s. variation in the e ects of COVID-19 across students. In terms of labor market expectations, on average, students foresee a 13 percentage points decrease in.