Advisory Committees
About the BEA Advisory Committee
The BEA Advisory Committee advises the Director of BEA on matters related to the development and improvement of BEA’s national, regional, industry, and international economic accounts, especially in areas of new and rapidly growing economic activities arising from innovative and advancing technologies, and provides recommendations from the perspectives of the economics profession, business, and government.
The members of BEA's Advisory Committee are:
- Chair: Dale W. Jorgenson, Samuel W. Morris University Professor, Harvard University
- Alan J. Auerbach, Robert D. Burch Professor of Economics and Law, University of California, Berkeley
- Richard B. Berner, Managing Director and Chief U.S. Economist, Morgan Stanley
- Barry P. Bosworth, Senior Fellow, Economics Study Program, The Brookings Institution
- Susan M. Collins, Dean of Public Policy, University of Michigan
- Janice C. Eberly, John L. and Helen Kellogg Professor of Finance, Northwestern University
- Jeffrey A. Frankel, James W. Harpel Professor of Capital Formation and Growth, Harvard University
- Robert J. Gordon, Stanley G. Harris Professor in the Social Sciences, Northwestern University
- Maurine A. Haver, President, Haver Analytics, Inc.
- Charles R. Hulten, Professor of Economics, University of Maryland
- William D. Nordhaus, A. Whitney Griswold Professor of Economics, Yale University
- Joel L. Prakken, Chairman of the Board of Directors, Macroeconomic Advisors
- Andrew D. Reamer, Fellow, Metropolitan Policy Program, The Brookings Institution
The BEA Advisory Committee meets twice yearly. The meeting schedule through Fall of 2009 is as follows:
- May 1, 2009
- November 6, 2009
The Committee presents advice and makes recommendations to the Bureau of Labor Statistics, of the Department of Labor, and the Bureau of Economic Analysis and the Bureau of the Census, both of the Department of Commerce, from the perspective of the professional economics and statistics community. The Committee examines the Agencies' programs and provides advice on statistical methodology, research needed, and other technical matters related to the collection, tabulation, and analysis of Federal economic statistics.
- Bureau of Labor Statistics Website: Federal Economic Statistics Advisory Committee (FESAC)
BEA Advisory Committee Meetings
May 1, 2009
Agenda (PDF • 75 KB)
Background Material
- Future Directions for the Industry Accounts, by Brian C. Moyer (PDF • 96 KB)
- Preview of the 2009 Comprehensive Revision of the NIPAs: Changes in Definitions and Presentations, by Eugene P. Seskin and Shelly Smith (PDF • 644 KB)
- Preview of the 2009 Comprehensive Revision of the National Income and Product Accounts: New Classifications for Personal Consumption Expenditures, by Clinton P. McCully and Teresita D. Teensma (PDF • 363 KB)
- Preview of Revised NIPA Estimates for 2002, by Kurt Kunze and Stephanie H. McCulla (PDF • 254 KB)
- Macro Focus - The Shape of Things to Come ©, Courtesy of Macroeconomic Advisers (PDF • 1,261 KB)
Presentations
- Measuring the Rapidly Changing Economy: GDP, National Income, Financial Sector, and Government Programs, by Brent R. Moulton, BEA (PDF • 204 KB)
- Measuring the Rapidly Changing Economy: Industry Economic Accounts, by Nicole Mayerhauser, BEA (PDF • 204 KB)
- Measuring the Rapidly Changing Economy - International Aspects, by Obie G. Whichard, BEA (PDF • 217 KB)
- Comments on Measuring the Rapidly Changing U.S. Economy, by Charles P. Thomas, Board of Governors of the Federal Reserve System (PDF • 384 KB)
- Corporate Profits and the Recession, by Alan Auerbach, BEA (PDF • 32 KB)
- Update on BEA Activities, by J. Steven Landefeld, BEA Director (PDF • 193 KB)
- Developments in the Industry Accounts, by Brian C. Moyer, BEA (PDF • 295 KB)
November 7, 2008
Agenda (PDF • 74 KB)
Presentations
- How Can the GDP Accounts Be Made More Effective for Business Cycle Analysis?, by Brent R. Moulton, BEA (PDF •
149 KB)
- Discussion of Issues: How Can the GDP Accounts Be Made More Effective for Business Cycle Analysis?, by Robert J Gordon, BEA Advisory Committee (PDF • 186 KB)
- The Effect of the Financial Crisis on the "Real Economy:" Separating Financial from Real Effects in the Current GDP Statistics, by Carol E. Moylan, BEA (PDF • 154 KB)
- Economic Effect of the Credit Crisis on GDP Statistics (PDF • 109 KB)
- Selected Current Financial Interventions by the Federal Government (PDF • 76 KB)
- The NIPA's and the Housing Financial "Crisis", by J. Steven Landefeld, BEA Director (PDF • 160 KB)
- BEA Statistical Developments, by J. Steven Landefeld, BEA Director (PDF • 136 KB)
- Measuring the Effect of Changes in the Terms of Trade on Incomes, Exports, and Prices, by Marshall Reinsdorf, BEA (PDF • 477 KB)
- Real Income Measurement: The Canadian Experience, by Ryan MacDonald, Statistics Canada (PDF • 147 KB)
May 2, 2008
Agenda (PDF • 73 KB)
Background Material
- Declines in the Volatility Of the U.S. Economy: A Detailed Look, by Bruce Grimm and Brian Sliker (PDF • 1,030 KB)
- Handout for Discussion of: “Declines in the Volatility of the U.S. Economy: A Detailed Look", by Robert Gordon (PDF • 102 KB)
- Effects of Terms of Trade Gains and Tariff Changes on the Measurement of U.S. Productivity Growth, by Robert Feenstra, Marshall Reinsdorf, and Matthew J. Slaughter (PDF • 217 KB)
Presentations
- Update on BEA Activities, by J. Steven Landefeld (PDF • 152 KB)
- Sources of Moderation in the Volatility of GDP, by Bruce Grimm and Brian Sliker (PDF • 324 KB)
- Discussion of: “Declines in the Volatility of the U. S. Economy: A Detailed Look", by Robert J. Gordon (PDF • 292 KB)
- Effects of Changes in Terms of Trade on GDP, Productivity and Command-Basis GNP, by Marshall Reinsdorf (PDF • 184 KB)
- Personal Consumption Expenditures: New Classification System, by Clint McCully (PDF • 263KB)
- Comments on New Classification System for PCE, by David Lebow (PDF • 28 KB)
About the Federal Economic Statistics Advisory Committee (FESAC)
- Bureau of Labor Statistics Website: Federal Economic Statistics Advisory Committee (FESAC)
The Committee presents advice and makes recommendations to the Bureau of Labor Statistics, of the Department of Labor, and the Bureau of Economic Analysis and the Bureau of the Census, both of the Department of Commerce, from the perspective of the professional economics and statistics community. The Committee examines the Agencies' programs and provides advice on statistical methodology, research needed, and other technical matters related to the collection, tabulation, and analysis of Federal economic statistics.
The members of the Federal Economic Statistics Advisory Committee are:
- Chair: Matthew D. Shapiro, Department of Economics and Survey Research Center, University of Michigan
- Joseph G. Altonji, Department of Economics, Yale University
- Ernst R. Berndt, Professor of Applied Economics, Sloan School, MIT
- Barry P. Bosworth, Senior Fellow in Economic Studies, Brookings Institution
- F. Jay Breidt, Department of Statistics, Colorado State University
- Don A. Dillman, Departments of Sociology and Community and Rural Sociology, Washington State University
- Pinelopi K. Goldberg, Department of Economics, Princeton University
- Robert M. Groves, Director, Survey Research Center and Professor of Sociology, University of Michigan
- Bronwyn H. Hall, Department of Economics, University of California, Berkeley
- John C. Haltiwanger, Department of Economics, University of Maryland
- Valerie A. Ramey, Department of Economics, University of California, San Diego
- Richard D. Rippe, Economic Consultant
- Joseph Sedransk, Department of Statistics, Case Western Reserve University
- Kirk M. Wolter, Senior Fellow, National Opinion Research Center (NORC); Director, Center for Excellence in Survey Research; and Professor, Department of Statistics, University of Chicago
The FESAC Advisory Committee meets twice yearly. The planned meeting schedule through 2009 is as follows:
- June 19, 2009
- December 11, 2009