NBER Reporter

Online publication provides economic research to policymakers, business professional and the academic community. The topics include, banks, financial markets, health insurance, labor market, technology and more.

Articles from Summer

Asset Pricing
The NBER's Program on Asset Pricing met in Chicago on March 31. Program Director John H. Cochrane and Research Associate Lars P. Hansen, both of the University of Chicago, organized this agenda: Luca Benzoni, University of Minnesota; Robert S. Goldstein,...
Behavioral Finance
The NBER's Working Group on Behavioral Finance met in Chicago on April 1. Directors Robert J. Shiller of Yale University and Richard H. Thaler of the University of Chicago organized this program: Ulrike Malmendier, Stanford University and NBER,...
Cohort Studies
The NBER's Working Group on Cohort Studies, directed by Dora Costa of MIT, met in Cambridge on March 24. These papers were discussed: Robert A. Pollak, Washington University and NBER; Liliana E. Pezzin, Medical College of Wisconsin; and Barbara...
Conference on Asset Prices and Monetary Policy
The NBER held a conference on Asset Prices and Monetary Policy on May 5 and 6. Organized by NBER Research Associate John Y. Campbell of Harvard University, the conference brought together academic researchers with economists from the Federal Reserve...
Consumer Demand for Health Insurance
Since the early 1990s, prominent proposals for health insurance reform have focused on increasing consumer choice and competition among integrated health plans. Under "managed competition" models, consumers choose from a menu of health plans on the...
Corporate Finance
The NBER's Program on Corporate Finance met in Chicago on March 31. The meeting was organized by Kose John, New York University, and Ivo Welch, NBER and Brown University. The program was: SESSION 1: Geography and Corporate Finance Augustin Landier,...
Education Program Meeting
The NBER's Program on Education met on April 27 in Cambridge. Program Director Caroline M. Hoxby of Harvard University organized the meeting at which these papers were discussed: Caroline Hoxby, and Gretchen Weingarth, Harvard University, "Taking...
Entrepreneurship Working Group
The NBER's Entrepreneurship Working Group met in Cambridge on March 10. NBER Research Associate Josh Lerner of the Harvard Business School, who directs this group, organized the following program: Entrepreneurship in the Service Sector Francine...
Environmental Economics
The NBER's Working Group on Environmental Economics met in Cambridge on April 7-8. Group Director Don Fullerton of the University of Texas organized this program: Meredith Fowlie, University of California, Berkeley, "Emissions Trading, Electricity...
Europe
Per capita income in Continental Western Europe (in short, Europe) was catching up with the United States from the end of the Second World War until the mid-1980s; from 1950 to about 1975, we speak of a European miracle. Then, something changed. The...
Firms and the Evolving Structure of Global Economic Activity
The NBER held an NBER-Universities Research Conference on "Firms and the Evolving Structure of Global Economic Activity" in Cambridge on May 19 and 20. Organizers Andrew Bernard of NBER and Dartmouth College and Marc Melitz of NBER and Harvard University...
Health Care Program Meeting
The NBER's Program on Health Care met in Cambridge on May 5. NBER Research Associate Douglas O. Staiger of Dartmouth College organized this program: Amitabh Chandra, Harvard University and NBER; Jonathan Gruber, MIT and NBER; and Robin McKnight,...
Health Economics
The NBER's Program on Health Economics met in Cambridge on April 7. Program Director Michael Grossman and NBER Research Associate Ted Joyce organized the program, at which these papers were discussed: Christopher Carpenter, University of California,...
Higher Education
The NBER's Working Group on Higher Education met in Cambridge on April 28. Group Director Charles T. Clotfelter of Duke University organized this program: Jill M. Constantine and Nell S. Seftor, Mathematica Policy Research, "A Study of the Effect...
Historical Aspects of U.S. Trade Policy
While international trade and trade policy continue to be as controversial as ever, the United States has been committed for more than half a century to maintaining an open market. It was not always that way. For most of U.S. history, the United States...
Innovation Policy and the Economy
The NBER's seventh annual Conference on Innovation Policy and the Economy took place in Washington on April 19. The conference was organized by NBER Research Associates Adam B. Jaffe of Brandeis University, Joshua Lerner of Harvard University, and...
International Finance and Macroeconomics
The NBER's Program on International Finance and Macroeconomics met in Cambridge on March 24. NBER Research Associates Menzie D. Chinn, University of Wisconsin, and Lars E.O. Svensson, Princeton University, organized this program: Ricardo J. Caballero,...
International Organization of Production and Distribution
International trade has grown rapidly since World War II, and in the last two decades the acquisition of subsidiaries in foreign countries (that is, foreign direct investment, or FDI) has grown even faster. Not only have foreign trade and FDI expanded...
International Trade and Investment
The NBER's Program on International Trade and Investment met in Cambridge on March 31. Giovanni Maggi, NBER and Princeton University, and Andres Rodriguez-Clare, NBER and Pennsylvania State University, organized the meeting. These papers were discussed:...
International Trade and Organization
The NBER's Working Group on International Trade and Organization met in Cambridge on April 1. Director Gordon H. Hanson of the University of California, San Diego, organized the meeting, at which these papers were discussed: Robert C. Feenstra,...
Labor Studies
The NBER's Program on Labor Studies met in Cambridge on March 17. NBER Research Associates Lawrence F. Katz and Richard B. Freeman, both of Harvard University, organized this program: Judith K. Hellerstein, University of Maryland and NBER, and Melinda...
Market Microstructure
The NBER's Working Group on Market Microstructure met in Cambridge on May 12. NBER Research Associate Bruce Lehmann of the University of California, San Diego, Duane Seppi of Carnegie Mellon's Tepper School of Business, and Avanidhar Subrahmanyam of...
Monetary Economics Program Meeting
The NBER's Monetary Economics Program met in Cambridge on April 21. Jean Boivin, NBER and Columbia Business School, and John Leahy, NBER and New York University, organized this program: Bartosz Mackowiak and Mirko Wiederholt, Humboldt University...
National Security Working Group
The NBER's Working Group on National Security met in Cambridge on February 24 and 25. NBER President and Research Associate Martin Feldstein, who directs the group, organized the meeting, at which the following topics were discussed: Eli Berman,...
"New Ideas about New Ideas"
Considerable work has been done on creativity across a wide-range of disciplines, including business, cognitive neuroscience, economics, history, psychology, and sociology, but until recently there had been little interaction among these researchers....
Political Economy
The NBER's Political Economy Program met in Cambridge on May 6. Program Director Alberto Alesina of Harvard University organized the meeting at which these papers were discussed: Enrico Spolaore, Tufts University, and Romain Wacziarg, Stanford University...
Productivity Program Meeting
The NBER's Program on Productivity met in Cambridge on March 17. Program Director Ernst Berndt of MIT organized the meeting, where the following papers were discussed: Bruce A. Weinherg, Ohio State University and NBER, "Which Labor Economists Invested...
Program Meeting on Children
The NBER's Program on Children met in Cambridge on April 28. Program Director Jonathan Gruber of MIT organized the meeting. These papers were discussed: Samuel Berlinski, University College, London; Sebastian Galiani, Universidad de San Andres;...
Public Economics Program Meeting
The NBER's Program on Public Economics met in Cambridge on April 6-7. Program Director James M. Poterba of MIT organized the meeting at which these papers were discussed: Seth H. Giertz, Congressional Budget Office, "The Elasticity of Taxable Income...
Twenty-First Annual Conference on Macroeconomics
The NBER's twenty-first Annual Conference on Macroeconomics, organized by NBER Research Associates Daron Acemoglu, MIT, Kenneth Rogoff, Harvard University, and Michael Woodford, Columbia University, took place in Cambridge on April 7 and 8. The program...