NBER Launches Development Economics Program

The NBER has launched a new program in the field of Development Economics, bringing its total number of research programs to twenty. NBER Research Associate Duncan Thomas, the Robert F. Durden Professor of Economics at Duke University, is the Program's inaugural director. The Development Program will focus broadly on questions related to economic development and the behavior of households, firms, and institutions in developing nations, in part to help us understand the key factors that affect economic growth, poverty, and inequality.