Word: nber
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...Faculty of Arts and Sciences. And the Internet makes it so easy! For our inaugural prof stalking post, we follow Baker Professor of Economics Martin Feldstein, the former president of the National Bureau of Economic Research on his travels around the world. Well, actually just to India on a NBER-sponsored trip...
...former Overseer, were named as advisors to president Barack Obama’s Economic Recovery Advisory Board in a press conference held in Washington on Friday. Feldstein, a former Reagan administration economist, served as President of the National Bureau of Economic Research from 1977 to 2008. NBER studies the U.S. economy and is the well-respected authority on markers of recessions. Ferguson was the vice-chairman of the Federal Reserve Board from 1999 to 2006 and is currently serving in his final year as a member of the University’s governing body. Pritzker, an heiress to the Hyatt...
...only on the first of December that we finally got formal permission - from the Business Cycle Dating Committee of the National Bureau of Economic Research (NBER) - to call what the U.S. economy is experiencing a recession. Just a few days later, after the Labor Department announced that U.S. employers shed 533,000 jobs in November and 1.2 million since August, some were agitating to ditch the R word and replace it with the more ominous D one. "Shall we call it a depression now?" asked former Labor Secretary Robert Reich. "The threat of a widespread depression is now real...
...terms of length, this recession already looks likely to break the postwar record of 16 months set in 1973-75 and equaled in 1981-82. The NBER has deemed December 2007 the start date (because that's when employment peaked), and it's very hard to find anybody willing to predict that the economy will resume growing by May. As for severity, though the first eight months of the recession were quite mild, the pace of job losses since August is beginning to rival that of the big 1970s and '80s recessions. So while President-elect Barack Obama and others...
...National Bureau of Economic Research (NBER) announced that the U.S. economy has been in a recession since December 2007, its first since the technology bubble burst in 2001. While a recession is typically defined as two consecutive quarters of contracting GDP, the NBER measures other factors, like employment and income, which delayed its results. This downturn is so far the third longest since the Great Depression...