Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail
Investing Answers Building and Protecting Your Wealth through Education Publisher of The Next Banks That Could Fail

National Bureau of Economic Research (NBER)

What it is:

The National Bureau of Economic Research (NBER) is a private, nonprofit, nonpartisan research organization that studies the economy.

How it works (Example):

Founded in 1920, the NBER undertakes and distributes unbiased economic research to public policymakers, business professionals and the academic community. In its youth, the organization focused on macroeconomic research and business cycles. The NBER's primary offices are in Cambridge, Mass., though it also has an office in New York City.

The organization focuses on four kinds of research today: developing new statistical measurements, creating models of economic behavior, evaluating the economic effects of public policies and predicting the outcomes of proposed policies.

The NBER has a board of directors that includes economists, academics and researchers from universities and other organizations.

Why it Matters:

The talent at the NBER has produced economic research so significant that it has created more than 20 Nobel Prize winners. According to the organization, 13 past chairs of the President's Council of Economic Advisors have been NBER researchers.

Related Terms View All
  • Auction Market
    Though most of the trading is done via computer, auction markets can also be operated via...
  • Best Execution
    Let's assume you place an order to buy 100 shares of Company XYZ stock. The current quote...
  • Book-Entry Savings Bond
    Savings bonds are bonds issued by the U.S. government at face values ranging from $50 to...
  • Break-Even Point
    The basic idea behind break-even point is to calculate the point at which revenues begin...
  • Calendar Year
    If Company XYZ starts its fiscal year on January 1 and ends its fiscal year on December...