NERA Economic Consulting, Inc., or National Economic Research Associates, is an economic
consulting firm
A consulting firm or simply consultancy is a professional service firm that provides expertise and specialised labour for a fee, through the use of consultants. Consulting firms may have one employee or thousands; they may consult in a broad ran ...
founded in 1961. It was the first consulting firm dedicated to methodically applying microeconomic theory to litigation and regulatory matters. The firm applies econometric and statistical analysis to provide strategy, studies, reports, expert testimony, and policy recommendations for government authorities, law firms, and corporations.
The company is based in the United States and has offices in North America, Europe, Asia, and Australia. NERA employs more than 500 professionals, most of whom have advanced degrees in economics, finance, law or business.
NERA is a part of the
Oliver Wyman Group, a subsidiary of the
Marsh and McLennan Companies, a global professional services firm.
Recognition
NERA ranked second in Vault's 2018 survey of the top firms in economic consulting.
''The'' ''New York Times'' called it "one of the country’s oldest and best-known economic consultancies."
Laurence Tribe, professor of constitutional law at
Harvard Law School
Harvard Law School (Harvard Law or HLS) is the law school of Harvard University, a private research university in Cambridge, Massachusetts. Founded in 1817, it is the oldest continuously operating law school in the United States.
Each class ...
, said that NERA is "one of the world’s foremost economic consultancies."
In June 2017,
President Donald Trump
Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021.
Trump graduated from the Wharton School of the University of Pe ...
cited statistics from a study by NERA in a speech announcing his plan to pull the United States out of the
Paris Agreement. The study, which was prepared to measure the economic impact of hypothetical regulatory actions necessary to meet the goals of the Paris Agreement, was criticized for overestimating the costs of reducing greenhouse gas emissions. In a response, NERA said that the
Trump Administration
Donald Trump's tenure as the List of presidents of the United States, 45th president of the United States began with Inauguration of Donald Trump, his inauguration on January 20, 2017, and ended on January 20, 2021. Trump, a Republican Party ...
selectively used results of the study that mischaracterized its purpose and analysis.
See also
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Analysis Group
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Bates White
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Berkeley Research Group
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Brattle Group
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Charles River Associates
Charles River Associates (legally CRA International, Inc.) is a global consulting firm headquartered in Boston.
Practice areas
Their practices include: aerospace & defense, antitrust & competition economics, auctions & competitive bidding, climat ...
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Compass Lexecon
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Cornerstone Research
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Frontier Economics
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Fideres
References
External links
Official Website
{{Authority control
Macroeconomics consulting firms
Consulting firms established in 1961
Consulting firms of the United States
International consulting firms