NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

SUMMER INSTITUTE 2003

TRAVEL

The Summer Institute will finance some or all of the travel costs for ONE ROUND TRIP ONLY for out-of-town participants based on the following regulations:

The Bureau will reimburse actual costs of domestic travel (rail and air) for one (1) round trip to Boston, up to $100 per day of participation, up to a maximum of $500. (For example, participants who stay for three days will only be reimbursed up to $300.) Travelers from New York and other areas where the round-trip fare is less than $500, will, of course, only be reimbursed for actual cost of their discount or shuttle ticket. Full coach fares cannot be reimbursed.

PLEASE NOTE THAT THE NBER WILL ONLY REIMBURSE UP TO THE TRAVEL ALLOWANCE STATED IN YOUR CONFIRMATION.

Ground transportation will be reimbursed up to $65 with documented receipts. Parking at airports will be covered up to $60. Current mileage is 36 cents per mile. One night's reasonable lodging (based on the going rate in the area) will be reimbursed for trips 600 miles

or longer, provided the total for mileage and lodging does not exceed the discount airfare.

THE SUMMER INSTITUTE DOES NOT PAY THE TRAVEL EXPENSES OF THE SPOUSE OR OTHER FAMILY MEMBERS ACCOMPANYING THE PARTICIPANT.

HOUSING

Housing will be reserved, as requested, for all out-of-town participants. A limited number of rooms have been reserved at the ROYAL SONESTA HOTEL, 5 Cambridge Parkway, Cambridge (phone 617/491-3600), for shorter term participants. These will be assigned on a first-come, first-served basis (reply forms will be date-stamped on receipt), and in weeks of peak participation, short-term late comers may be housed in more distant hotels or bed and breakfasts. The Bureau will cover a maximum of four (4) nights (six (6) nights for West Coast participants). Our conference rate is $165.00 plus tax per night.

THE BUREAU CANNOT PAY A PER DIEM OR REIMBURSE MEALS.

OFFICE ASSIGNMENTS

As in past years, there will be no formally assigned offices. Participants interested in using an office during their stay should see the NBER staff person when they arrive at the Royal Sonesta Hotel. Offices will be available on a first-come, first-served basis. As in past years, all participants will have access to the NBER's computer room at the Royal Sonesta Hotel where a number of computer with printers and email capabilities are available 24 hours a day. Please also note that most of the sleeping rooms at the Royal Sonesta Hotel are now equipped with dataport lines.

3/4/03