National Bureau of Economic Research

Background

The National Bureau of Economic Research (NBER) was founded in 1920 and describes itself as 'a private, nonprofit, nonpartisan research organization dedicated to promoting a greater understanding of how the economy works. The NBER is committed to undertaking and disseminating unbiased economic research among public policymakers, business professionals, and the academic community'.

NBER's main office is located in Cambridge, Massachusetts. They also have offices in Palo Alto, California, and New York City.

People

Board of Directors

Martin S Feldstein is reported to be NBER's President and Chief Executive Officer. Feldstein is also on the Board of Directors for Eli Lilly and Company, Professor of Economics at Harvard University, a member of the American Philosophical Society, the Institute of Medicare of the National Academy of Sciences, and is a fellow of the British Academy, the Econometric Society and the National Association for Business Economics. Feldstein is a member of the executive committee of the Trilateral Commission, a director of the Council on Foreign Relations and a member of the American Academy of Arts and Sciences. Feldstein is also a director of American International Group and is reported to be an economic advisor to several businesses in the United States and abroad whilst also contributing regularly to The Wall Street Journal. His previous involvements include serving as chairman of the Council of Economic Advisers and as President Ronald Reagan's chief economic advisor. He also previously served as a fellow at Nuffield College (1964-67), was a lecturer in public finance for Oxford University and served as an assistant professor (in 1967), associate professor (in 1968) and full professor (in 1969) at Harvard University.