National Bureau of Economic Research

Everything in the world is cyclical, and the economy is no exception. The economy goes through a cycle of expansion and contraction or a crest and a trough or boom and bust. Before delving into the current expansion cycle, which has completed its eighth year, it is imperative that one gets a hang...

That the retail sector is struggling is no secret. Brick-and-mortar stores are reeling under the impact their online counterparts are having on the way things are bought. Several of them are closing down underperforming stores, while some of them are going out of the business — arguably...

When Congress passed the Homeland Investment Act of 2004, issuing a one-time repatriation tax cut from 35 percent to 5.25 percent, it intended the influx of funds to bolster domestic operations and create more than a half million jobs over the ensuing years. The actual effects were staggering. Not...

The U.S. corporate tax reform chatter grows louder, with President Donald Trump himself promising last Friday that he would soon announce the most ambitious tax reform since the Reagan Era. Despite the teasers at several occasions, neither Trump or his team has shed light on specifics of the reform...

The National Bureau of Economic Research declared the recession over in June 2009, despite many of us still feeling the after effects of the recession. On the NBER's website, it said that this was the longest recession since World War 2, lasting 18 months. This was two months more than the...