Co-Directors
Mark Gertler is the Henry and Lucy Moses Professor of Economics at New York University. His research ranges widely within macroeconomics, touching on business cycles, monetary economics, and the links between the financial and real sectors of the economy. He has been an NBER affiliate since 1986.
Pete Klenow is the Ralph Landau Professor in Economic Policy at Stanford University, and the Gordon Moore Senior Fellow at the Stanford Institute for Economic Policy Research. His research interests center on macroeconomics and productivity analysis. He has been an NBER affiliate since 1997.
Featured Program Content
The global crude birth rate—the number of births per 100 people—fell from 3.78 in 1950 to 1.71 in 2025. The United Nations projects that populations will begin...
Observers of the 2021–2023 inflation noticed that cheaper products exhibited much higher inflation rates. What explains these differences in inflation,...
Over the past century, transportation costs have fallen dramatically, yielding substantial economic benefits. In The Long-Run Effects of Transportation...