The National Bureau of Economic Research (NBER) Summer Institute is arguably the most important and influential annual event for empirical economists. This grant to NBER provides partial organizational and administrative funding for the Summer Institute for the next three years. The Summer Institute is a three-week academic festival. Over 2,400 economists participate in at least one of over 50 workshops. Directors of NBER’s 20 programs organize overlapping tracks that cover labor, aging, health, and other traditional subjects. In addition, special working groups meet at the Summer Institute to exchange ideas, discuss recent scholarly work, and identify promising new topics for study. Many prominent research results are first presented at the Institute, some in preliminary form that benefit from the intense discussion both during and after a workshop. There are also popular plenary sessions, such as the annual Feldstein Lecture and the Sloan-funded Methods Lecture. In addition to general support for the Institute, grant funds will be used to videotape sessions for wider distribution and for scholarships that underwrite the participation of emerging scholars from underrepresented groups.