National Bureau of Economic Research | NBER
Explore research programs. 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 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 an ...
Unpacking the Causes of Pandemic-Era Inflation in the US
A free monthly publication featuring non-technical summaries of research on topics of broad public interest. 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 ...
US Environmental Policies, the Environment, and the Economy
Jul 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.
The Role of Innovation and Entrepreneurship in Economic Growth
The Role of Innovation and Entrepreneurship in Economic Growth. March 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. But many metrics of economic growth ...
experienced 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.
Wealth Inequality in the United States - NBER
Jun 30, 2021 · However, from 2016 to 2019 there was actually a small decline in inequality, with the top percentile share down by 1.4 percentage points, the Gini coefficient down by 0.008, and the mean wealth of the top 1 percent down by 1.9 percent. Another notable trend is the sharp increase in relative debt after 1983, with the debt-income and the debt-net ...
The Economic Impact of Climate Change over Time and Space
Jan 5, 2022 · By Klaus Desmet and Esteban Rossi-Hansberg. Climate change is an unintended consequence of the industrialization of the world economy. The evidence that human activity has released large amounts of CO2 into the atmosphere, leading to rising global temperatures, is by now uncontroversial. However, so far, the scientific and political recognition ...
The Effect of E-commerce Expansion on Local Retail | NBER
Aug 1, 2022 · E-commerce has dramatically altered retail in the last two decades, with online sales growing from 0.63 percent of total retail sales in 1999 to 13.3 percent in 2021.In Creative Destruction? Impact of E-commerce on the Retail Sector (NBER Working Paper 30077), Sudheer Chava, Alexander Oettl, Manpreet Singh, and Linghang Zeng study how the rise of online selling has affected brick-and-mortar ...
Enrollment rates of 5-year-olds have. risen particularly strikingly – from less than 20% in 1940 to over 85% in recent years – with. changes concentrated in the 1940s, 1960s, and 1970s. Among 3- and 4-year-olds, changes in. enrollment have been smaller overall; by 2018, for example, the enrollment rate of 4-year-old.