National Bureau of Economic Research - NBER


DEFINITION of 'National Bureau of Economic Research - NBER'

This private, non-profit, non-partisan research organization's main aim is to promote greater understanding of how the economy works. It disseminates economic research among public policymakers, business professionals and the academic community.

BREAKING DOWN 'National Bureau of Economic Research - NBER'

Hundreds of the nation's leading scholars in economics and business are also NBER researchers, who focus on four types of empirical research: developing new statistical measurements, estimating quantitative models of economic behavior, assessing the effects of public policies on the U.S. economy, and projecting the effects of alternative policy proposals. Twelve of the 31 American Nobel Prize winners in Economics have been researchers at the bureau.

  1. Economy

    Economy is the large set of inter-related economic production ...
  2. Business Cycle

    The fluctuations in economic activity that an economy experiences ...
  3. Keynesian Economics

    An economic theory of total spending in the economy and its effects ...
  4. Economic Conditions

    The state of the economy in a country or region. Economic conditions ...
  5. Theodore W. Schultz

    An agricultural economist who won the Nobel Prize in Economics ...
  6. Nouriel Roubini

    An economist largely known for his prediction of the 2008 financial ...
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  1. What are the three major economic components necessary for stagflation to occur?

    Stagflation is most commonly referred to as the simultaneous experience of three separate negative economic phenomena: rising ... Read Full Answer >>
  2. What does the Fisher Effect say about nominal interest rates?

    The Fisher effect is a theory first proposed by Irving Fisher. It states that real interest rates are independent of changes ... Read Full Answer >>
  3. What's the difference between microeconomics and macroeconomics?

    Microeconomics is generally the study of individuals and business decisions, macroeconomics looks at higher up country and ... Read Full Answer >>
  4. How does an entrepreneur pay taxes?

    In the United States, tax policy neither officially defines nor makes special rules for entrepreneurs. Certain types of entrepreneurial ... Read Full Answer >>
  5. How does revenue recognition differ between profit and non-profit companies?

    Under the generally accepted accounting principles, or GAAP, for-profit companies recognize revenue as it is earned through ... Read Full Answer >>
  6. What is an NGO (non-governmental organization)?

    A non-governmental organization (NGO) is a non-profit, citizen-based group that functions independently of government. NGOs, ... Read Full Answer >>

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