WORK OF THE NATIONAL BUREAU OF ECONOMIC RESEARCH IN 1953.

The article discusses the work of the National Bureau of Economic Research in 1953. Seven reports were published by the National Bureau in 1953. The preparation of a number of others was effectively advanced during the period, and work on several new projects was started. New research in the field of international economic relations developed further in 1953. A project was begun that would develop index numbers of prices and quantities for the exports and imports of the United States, by commodity groups, beginning in 1869. Another project that involved construction of estimates of the Canadian balance of payments back to 1868 was completed. Plans were completed for a project on the structure of world trade and payments, and operations were begun with the aid of a special grant of funds. Plans for a study to determine the trends in the output of the Russian economy were drawn up and a special grant of funds was obtained to conduct it. A study of wages and productivity in the United States was planned in 1953 which would deal with money and real wages from 1860 to 1952 and with productivity from 1899 to 1952.