So NBER is the top for economic research. They’re who declares recessions with some historical authority. But also: “NBER working papers are circulated for dis

So NBER is the top for economic research. They’re who declares recessions with some historical authority. But also: “NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications.” True but I’d read a nber working paper with much more care than any newspaper. Edit/tldr: “Our results suggests that house price growth over the pandemic reflected a change in fundamentals rather than a speculative bubble, and that fiscal and monetary stimulus were less important factors. This implies that policy makers need to pay close attention to the evolution of remote work as an important determinant of future house price growth and inflation.“