Economics and Finance

A country’s economic health—the strength and transparency of its banking system; the state of its citizens’ finances; the nature of its business, labor, and environmental regulation—has implications for everything from the trade deals a country signs, to the foreign investment or foreign aid it attracts, to whether other countries view it as a potential security risk. NORC’s diverse experience in international surveys and macro-economic analysis has made it an essential resource for governments, nongovernmental organizations, and policymakers whose work depends on reliable independent data and nuanced analysis. The breadth of NORC’s experience includes a feasibility study for restructuring the Housing Bank of Rwanda, a survey of household finances in Spain, a survey in Nigeria to assess the effects of the 2008 financial crisis on businesses, and design of a new program for simplifying land administration in Bangladesh.

Representative Projects

2016 NORC Survey on Perception of Homeowner’s and Renter’s Insurance in the State of Louisiana. ​NORC at the University of Chicago, with funding from State Farm Fire and Casualty Company, conducted a nationally representative household survey of registered voters in Louisiana. More

Azerbaijan Housing Finance. For the International Finance Corporation of the World Bank Group, NORC assisted the Azerbaijan Central Bank to evaluate the performance of its laws on housing finance, with emphasis on creating and enforcing mortgage liens. More

IFC Indonesia Small and Medium Enterprise Banking Survey. The IFC contracted NORC to develop a survey that can be used by commercial banks to identify attractive market segments; determine appropriate channel, product, and marketing strategies; and inform decisions to accelerate or grow SME banking operations. More

Implementation of Programme Budgeting and Capital Investment Planning in Five Local Self-Governments in South-West Serbia. The project is funded by the United Nations Office for Project Services (UNOPS), which is an implementing entity for the EU PROGRES Programme sponsored by the EU, the Government of Switzerland, and the Government of Serbia. The project provides practical technical assistance to five municipalities in South-West Serbia and builds their capacity in the interlinked domains of Program Budgeting (PB) and Capital Investment Planning (CIP). It is expected that this project would result in increased ability of local governments to use modern approaches to and methods of program budgeting and capital investment planning, which, in turn, would lead to broader developmental outcomes, which create cross-cutting improvements in fundamentals of local self-governance, such as better delivery of key services, being capable of longer-term, broader-scale developmental planning and related financial management, and better use of practical instruments of Good Governance, such as transparency, accountability, and public participation. These are especially important given Serbia's aspiration and actions toward EU accession.  More

MCC Honduras Public Expenditure and Financial Accountability (PEFA) Follow-on. NORC is the prime contractor to the Millennium Challenge Corporation (MCC) to carry out a follow-on assessment of the public financial management (PFM) system in Honduras using the Public Expenditure and Financial Accountability (PEFA) performance management framework and to deliver reports based on those assessments. More

MCC Impact Evaluation Services in Benin. NORC is designing, coordinating, and implementing rigorous impact evaluations of the Access to Land and Access to Credit components of MCC's programs in Benin. The impact evaluations will measure the contribution of these interventions to changing household income in the project intervention areas as well as examine the total value of additional investment on targeted rural land parcels.​ More

Mortgage Demand in Indonesia. NORC studied the Indonesian housing finance system for the International Finance Corporation (IFC )to understand current demand for mortages and predict demand for mortgages among middle-income households through 2010. More

Nigeria Financial Crisis Survey. NORC is conducting the Nigeria Financial Crisis Survey in Nigeria for the Enterprise Survey Group of the World Bank, a research group that conducts longitudinal and panel studies on the pressing issues of private enterprises in the developing world. More

Nigeria Sub-National Investment Climate Improvement. This project, undertaken for the International Finance Corporation of the World Bank Group, focused on problems with real property transactions in Nigeria that are creating disincentives to investment and leading to informality in property markets. More

World Bank Baseline Survey for the Impact Evaluation of Mi Primer Empleo Youth Employment Program, Honduras. NORC carried out the baseline survey for an impact evaluation of the Mi Primer Empleo ("My First Job") Program in Honduras for the World Bank.  The program targets vulnerable youth to provide training and internships to alleviate unemployment. More

See all Economics and Finance projects


News Forbes: NORC, JUST Capital, and Forbes, looked at corporations, and how Americans want them to behave. More
Posted: 11.8.2016 11:11AM
News Psychology Today: Looking at the mind state of the American middle class with NORC research. More
Posted: 10.14.2016 3:58PM
Press Release John Roman named Senior Fellow at NORC at the University of Chicago More
Posted: 10.14.2016 10:57AM
News BisNow: NORC's Chief Economist of ForeGround, Jon Southard, discusses the US Federal Reserve's decision to postpone the short-term rate hike More
Posted: 9.26.2016 3:31PM
Sparks: The NORC Blog Jon Southard: Brexit Saves U.S. Commercial Real Estate Markets…For Now More
Posted: 8.11.2016 11:57AM