NBER's New York Office to Close

At the end of October, the NBER's New York City office will close its doors, ending its 106-year presence in the city. New York housed the NBER’s only office from its founding until the late 1960s, when President John Meyer embarked on an expansion initiative. Most of the researchers who carried out the projects that defined the NBER's first half century—on business cycles, national income accounting, monetary policy, human capital, and other issues—were based in New York. Research Associate Michael Grossman, who has directed the New York office for the last 15 years, prepared a timeline tracing the NBER's office locations around the city and highlighting researchers who played central roles in its history.