National Bureau of Economic Research, Research institute in Cambridge, United States
The National Bureau of Economic Research is a research institute in Cambridge focused on examining economic developments and financial behavior patterns across the United States. This organization continually publishes working papers that offer insights into business cycles and macroeconomic relationships.
Wesley Clair Mitchell founded the institution in 1920 to examine income distribution and unemployment during the Progressive Era. Those early efforts shaped its later focus on empirical economic research and business cycle analysis.
The abbreviation NBER is widely recognized among professionals and marks a place where economists develop new approaches and analyze data. Discussions here later appear in academic journals and public debates about economic policy.
The office is located in the greater Boston area and specializes in economic research rather than tourist visits. Those interested in economic topics can access many publications and datasets online.
A committee within the organization officially determines the start and end of recessions in the United States. These decisions often occur months after the actual event and are closely watched by media and markets worldwide.
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