National Bureau of Economic Research | NBER
WEBValerie Ramey, an NBER Research Associate in the Economic Fluctuations and Growth and Monetary Economics Programs, Senior Fellow at the Hoover Institution at Stanford University, and Professor of Economics, Emeritus, at the University of California, San Diego, has been named chair of the Business Cycle Dating Committee (BCDC).
Business Cycle Dating | NBER
WEBThe 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. Between trough and peak, the economy is in …
Research | NBER
WEBIn People’s Understanding of Inflation (NBER Working Paper 32497), Alberto Binetti, Francesco Nuzzi, and Stefanie Stantcheva present new survey results on the American public’s views on inflation. The survey collected information about individuals’ demographics, income, news sources, and voting habits as well as their opinions on the ...
Unpacking the Causes of Pandemic-Era Inflation in the US
WEBThe annual inflation rate, as measured by the Consumer Price Index, was 1.7 percent in February 2021 but rose to more than 5 percent in June 2021. It continued rising for another year, peaking at about 9 percent in June 2022. The rise in the inflation rate has been attributed to many factors. The US response to the COVID-19 pandemic included a ...
WEBexperienced an average decrease of 11.5 hours of work per week and a 21% decrease in weekly earnings, arnings for 52% of the sample, which again re ects s. variation in the e ects of COVID-19 across students. In terms of labor market expectations, on average, students foresee a 13 percentage points decrease in.
How the US-China Trade War Affected the Rest of the World
WEBA free monthly publication featuring non-technical summaries of research on topics of broad public interest. How the US-China Trade War Affected the Rest of the World. Upending a decades-long effort to reduce global trade barriers, China and the United States began mutually escalating tariffs on $450 billion in trade flows in 2018 and 2019 ...
US Business Cycle Expansions and Contractions | NBER
WEBMar 14, 2023 · Contractions (recessions) start at the peak of a business cycle and end at the trough. Source NBER. Downloadable Excel File of Business Cycle Expansions and Contractions and .PDF version. JSON file format. FAQs and additional information on how the NBER's Business Cycle Dating Committee identifies turning points.
The Economic Impact of Climate Change over Time and Space
WEBJan 5, 2022 · By Klaus Desmet and Esteban Rossi-Hansberg. Climate change is an unintended consequence of the industrialization of the world economy. The evidence that human activity has released large amounts of CO2 into the atmosphere, leading to rising global temperatures, is by now uncontroversial. However, so far, the scientific and …
WEBEnrollment rates of 5-year-olds have. risen particularly strikingly – from less than 20% in 1940 to over 85% in recent years – with. changes concentrated in the 1940s, 1960s, and 1970s. Among 3- and 4-year-olds, changes in. enrollment have been smaller overall; by 2018, for example, the enrollment rate of 4-year-old.
The Economics of World War I - NBER
WEBRockoff estimates the total cost of World War I to the United States at approximately $32 billion, or 52 percent of gross national product at the time. He breaks down the financing of the U.S. war effort as follows: 22 percent in taxes, 58 percent through borrowings from the public, and 20 percent in money creation.