Nber dating

nber dating

How accurate is the NBER in dating the business cycle?

NBER BUSINESS CYCLE DATING: RETROSPECT AND PROSPECT Christina D. Romer and David H. Romer ABSTRACT Almost since its inception, the NBER has been the quasi-official arbiter of the dates of business cycle expansions and recessions. This paper examines the past contributions and future prospects of this business cycle dating. Perhaps the most

What is the NBER business cycle chronology?

The NBER’s Business Cycle Dating Committee maintains a chronology of US business cycles. The chronology identifies the dates of peaks and troughs that frame economic recessions and expansions. A recession is the period between a peak of economic activity and its subsequent trough, or lowest point.

What is the NBER?

The NBER is well known for providing start and end dates for recessions in the United States. Many of the Chairmen of the Council of Economic Advisers have been NBER Research Associates, including the former NBER President and Harvard Professor, Martin Feldstein . The NBERs current President and CEO is Professor James M. Poterba of MIT .

What are the most recent changes to the NBER?

The 1975 revisions to the NBER dates discussed by business cycle Zarnowitz and Boschan (1975) are the most recent changes, and, to our knowledge, they and the changes described by Moore (1961a) are the only revisions that have been made. In considering the dating of the 1973–1976 business cycle, Zarnowitz and Moore

How does the NBER’s business cycle dating committee identify turning points?

FAQs and additional information on how the NBERs Business Cycle Dating Committee identifies turning points The NBER’s Business Cycle Dating Committee maintains a chronology of US business cycles. The chronology identifies the dates of peaks and troughs that frame economic recessions and expansions.

What is the NBER business cycle chronology?

The NBER’s Business Cycle Dating Committee maintains a chronology of US business cycles. The chronology identifies the dates of peaks and troughs that frame economic recessions and expansions. A recession is the period between a peak of economic activity and its subsequent trough, or lowest point.

What is the business cycle dating?

A: The Business Cycle Dating Committee was created in 1978, and since then there has been a formal process of announcing the NBER determination of a peak or trough in economic activity. Those announcement dates and accompanying explanations are available here.

Does the NBER identify depressions in its business cycle chronology?

A: The NBER does not separately identify depressions in its business cycle chronology. The period between a peak and a trough is a contraction or a recession, and the period between the trough and the peak is an expansion. The term depression is often used to refer to a particularly severe period of economic weakness.

How many working papers does the NBER distribute each year?

The NBER distributes more than 1,200 working papers each year. These papers have not been peer reviewed. Papers issued more than 18 months ago are open access.

Are NBER papers peer reviewed or open access?

These papers have not been peer reviewed. Papers issued more than 18 months ago are open access. More recent papers are available without charge to affiliates of subscribing academic institutions, employees of NBER Corporate Associates, government employees in the US, journalists, and residents of low-income countries.

What is the NBER business cycle chronology?

The NBER’s Business Cycle Dating Committee maintains a chronology of US business cycles. The chronology identifies the dates of peaks and troughs that frame economic recessions and expansions. A recession is the period between a peak of economic activity and its subsequent trough, or lowest point.

Are papers available for free on NBER?

Papers issued more than 18 months ago are open access. More recent papers are available without charge to affiliates of subscribing academic institutions, employees of NBER Corporate Associates, government employees in the US, journalists, and residents of low-income countries.

Related posts: