NBER
Business & Finance abbreviation · Economics
| Stands for | National Bureau of Economic Research |
|---|---|
| Categories | Business & Finance |
NBER stands for National Bureau of Economic Research, an economics abbreviation.
Private, nonprofit US research organization, founded in 1920, whose Business Cycle Dating Committee is the recognized authority on when US recessions begin and end. It also publishes thousands of influential economics working papers.
Example: The NBER determined that the pandemic recession lasted just two months, from February to April 2020.
Usage notes
The dating committee defines a recession as a significant decline in economic activity spread across the economy and lasting more than a few months, rather than applying the two-negative-quarters rule. Its announcements often come many months after the turning point. The NBER is based in Cambridge, Massachusetts.
Related abbreviations
More economics abbreviations
- MFN – Most favored nation
- MMT – Modern monetary theory
- MPC – Monetary Policy Committee
- MPS – Marginal propensity to save
- MR – Marginal revenue
- NAIRU – Non-accelerating inflation rate of unemployment
- NFP – Nonfarm payrolls
- NGDP – Nominal gross domestic product
- NIRP – Negative interest-rate policy
- NTB – Non-tariff barrier
- ODA – Official development assistance
- PBoC – People's Bank of China