NBER
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| Abbreviation | NBER |
|---|---|
| Leader | James M. Poterba |
| Website | nber.org |
Coordinates: 42°22′11″N 71°06′46″W / 42.3697°N 71.1127°W
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 well known for providing start and end dates for recessions in the United States.
The NBER is the largest economics research organization in the United States. Many of the American winners of the Nobel Memorial Prize in Economic Sciences were NBER Research Associates. Many of the Chairmen of the Council of Economic Advisers have also been NBER Research Associates, including the former NBER President and Harvard Professor, Martin Feldstein.
The NBER's current President and CEO is Professor James M. Poterba of MIT.
The NBER was founded in 1920. Its first staff economist, director of research, and one of its founders was American economist Wesley Mitchell. He was succeeded by Malcolm C. Rorty in 1922.
The Russian American economist Simon Kuznets, and student of Mitchell, was working at the NBER when the U.S. government recruited him to oversee the production of the first official estimates of national income, published in 1934.
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