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Jan 26 2008 12:00am EDT

The Next NBER President

David Warsh at Economic Principals reports that with current NBER prez Martin Feldstein set to step down in June after holding the position for 31 years, the Bureau's board is close to naming his replacement:

The front-runners are still thought to be N. Gregory Mankiw, 49, of Harvard University, and James M. Poterba, 49, of the Massachusetts Institute of Technology. Both are long-time affiliates of the NBER, which under Feldstein became the nation's premier venue of applied economic research, with more than 1,000 professors of economics and business publishing under its aegis.

The more likely choice is textbook author Mankiw. Poterba remains devoted to research.

If you're reading this blog, you probably already know about Mankiw. Poterba's research deals with how tax policy affects spending decisions. He's currently the director of the public economics research at the NBER.

UPDATE
Mankiw:

I am sure that Marty's successor at the Bureau won't be "textbook author Mankiw." The search committee contacted me some time ago to gauge my interest, and after deliberation, I took my name out of the running.


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