NATIONAL BUREAU OF ECONOMIC RESEARCH, INC.

SUMMER INSTITUTE 2005

TRAVEL

The Summer Institute will finance some or all of the travel costs for ONE ROUND TRIP ONLY for out-of-town participants based on the following regulations:

The Bureau will reimburse actual costs of domestic travel (rail and air) for one (1) round trip to Boston, up to $100 per day of participation, up to a maximum of $500. (For example, participants who stay for three days will only be reimbursed up to $300.) Travelers from New York and other areas where the round-trip fare is less than $500, will, of course, only be reimbursed for actual cost of their discount or shuttle ticket. Full coach fares cannot be reimbursed.

PLEASE NOTE THAT THE NBER WILL ONLY REIMBURSE UP TO THE TRAVEL ALLOWANCE STATED IN YOUR CONFIRMATION.

Ground transportation will be reimbursed up to $65 with documented receipts. Parking at airports will be covered up to $60. Current mileage is 40.5 cents per mile. One night's reasonable lodging (based on the going rate in the area) will be reimbursed for trips 600 miles

or longer, provided the total for mileage and lodging does not exceed the discount airfare.

**** The NBER now requires requests for reimbursements to be submitted within 90 days of the meeting ****

THE SUMMER INSTITUTE DOES NOT PAY THE TRAVEL EXPENSES OF SPOUSES OR OTHER FAMILY MEMBERS ACCOMPANYING THE PARTICIPANT.

HOUSING

Housing will be reserved, as requested, for all out-of-town participants. A limited number of rooms have been reserved at the ROYAL SONESTA HOTEL, 5 Cambridge Parkway, Cambridge (phone 617/806-4200). These will be assigned on a first-come, first-served basis. The Bureau will cover a maximum of four (4) nights (six (6) nights for West Coast participants). Our conference rate is $169.00 plus tax per night.

THE BUREAU CANNOT PAY A PER DIEM OR REIMBURSE MEALS.

As in past years, all participants will have access to the NBER's computer room at the Royal Sonesta Hotel where a number of computers with printers and email capabilities are available 24 hours a day. Please also note that the sleeping rooms at the Royal Sonesta Hotel are equipped with dataport lines.

4/25/05