National Bureau of Economic Research

NBER

National Bureau of Economic Research

Type Research Center
Website nber.org
Wikipedia Wikipedia
Year founded 1920
Location Cambridge, MA United States of America United States of America
Budget USD 20M-49M
Functions Research
Tags economics
Summary The National Bureau of Economic Research (NBER) is a private, nonpartisan organization that facilitates cutting-edge investigation and analysis of major economic issues. It disseminates research findings to academics, public and private-sector decision-makers, and the public by posting more than 1,200 working papers and convening more than 120 scholarly conferences, each year.

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NBER: National Bureau of Economic Research · 14 September 2023 English

We find that central bank reserves injected by QE crowd out bank lending. We estimate a structural model with cross-sectional instrumental variables for deposit and loan demand. Our results are …


NBER: National Bureau of Economic Research · 14 September 2023 English

We estimate the effects of government spending along the supply chain using disaggregated U.S. government procurement data. We first identify sectoral public spending shocks and combine them with input-output tables …


NBER: National Bureau of Economic Research · 14 September 2023 English

This paper investigates how tax rates and tax enforcement jointly impact fiscal capacity in low-income countries. We study a policy experiment in the D.R. Congo that randomly assigned 38,028 property …


NBER: National Bureau of Economic Research · 14 September 2023 English

Decisions to invest in human capital depend on people’s time preferences. We show that differences in patience are closely related to substantial subnational differences in educational achievement, leading to new …


NBER: National Bureau of Economic Research · 14 September 2023 English

We study the role of marriage for women's intergenerational mobility during the Ming-Qing (1368-1911) period. Using status information based on the timing of marriage from family histories in Central China, …


NBER: National Bureau of Economic Research · 14 September 2023 English

We document three facts about the global diffusion of surveillance AI technology, and in particular, the role played by China. First, China has a comparative advantage in this technology. It …


NBER: National Bureau of Economic Research · 14 September 2023 English

We investigate the potential for Large Language Models (LLMs) to enhance scientific practice within experimentation by identifying key areas, directions, and implications. First, we discuss how these models can improve …


NBER: National Bureau of Economic Research · 14 September 2023 English

We develop interpretable, quantitative indices of the objective and subjective complexity of lottery choice problems that can be computed for any standard dataset. These indices capture the predicted error rate …


NBER: National Bureau of Economic Research · 14 September 2023 English

We document that monetary policy has a substantial impact on innovation activities. After a tightening shock of 100 basis points, research and development (R&D) spending declines by about 1 to …


NBER: National Bureau of Economic Research · 14 September 2023 English

We theoretically characterize the behavior of machine learning asset pricing models. We prove that expected out-of-sample model performance—in terms of SDF Sharpe ratio and test asset pricing errors—is improving in …


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