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The Center for Economic and Policy Research (CEPR) is an
economic policy The economic policy of governments covers the systems for setting levels of taxation, government budgets, the money supply and interest rates as well as the labour market, national ownership, and many other areas of government interventions in ...
think-tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental organiz ...
based in
Washington, D.C. ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Washington Metro, Air and Space Museum, White House, ...
that was co-founded in 1999 by economists
Dean Baker Dean Baker (born July 13, 1958) is an American macroeconomist and co-founder, with Mark Weisbrot, of the Center for Economic and Policy Research (CEPR) in Washington, D.C. He is credited as one of the first economists to have identified the 2007–0 ...
and
Mark Weisbrot Mark Alan Weisbrot is an American economist and columnist. He is co-director with Dean Baker of the Center for Economic and Policy Research (CEPR) in Washington, D.C. Weisbrot is President of Just Foreign Policy, a non-governmental organization ded ...

Mark Weisbrot
. CEPR contributors include
Nobel Memorial Prize in Economic Sciences The Nobel Memorial Prize in Economic Sciences, officially the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel ( sv, Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne), is an economics prize administered by ...
recipients
Joseph Stiglitz Joseph Eugene Stiglitz (; born February 9, 1943) is an American economist, public policy analyst, and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1 ...

Joseph Stiglitz
and
Robert Solow Robert Merton Solow, GCIH (; born August 23, 1924), is an American economist whose work on the theory of economic growth culminated in the exogenous growth model named after him. He is currently Emeritus Institute Professor of Economics at the Mass ...
. Politically, it has been described as both
progressive Progressive may refer to: Politics * Progressivism is a political philosophy in support of social reform Political organizations * Congressional Progressive Caucus, members within the Democratic Party in the United States Congress dedicated to th ...
and
left-leaning Left-wing politics supports social equality and egalitarianism, often in critique of social hierarchy. Left-wing politics typically involves a concern for those in society whom its adherents perceive as disadvantaged relative to others as ...
. In November 2020, the center's Revolving Door Project recommended the incoming Biden administration, in the name of public interest, clean house of Trump loyalists.


History

The Center for Economic and Policy Research (CEPR), founded in 1999, is a
think tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental organiz ...
which concentrates on economic research and public education. CEPR has focused on topics that affect people's lives, in order to contribute to public debate in the United States (social security, healthcare, the national budget), and internationally (global economy, International Monetary Fund, and Latin America policy).


Policy positions

CEPR has been described as both
progressive Progressive may refer to: Politics * Progressivism is a political philosophy in support of social reform Political organizations * Congressional Progressive Caucus, members within the Democratic Party in the United States Congress dedicated to th ...
and
left-leaning Left-wing politics supports social equality and egalitarianism, often in critique of social hierarchy. Left-wing politics typically involves a concern for those in society whom its adherents perceive as disadvantaged relative to others as ...
. CEPR is based in
Washington, DC ) , image_skyline = , image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Washington Metro, Air and Space Museum, White House, ...
.


United States


Affordable Care Act

CEPR supports the
Affordable Care Act The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act, and colloquially known as Obamacare, is a United States federal statute enacted by the 111th United States Congress and signed into law by Preside ...
stating that it is "a family-friendly policy" and that the policy "has allowed thousands of workers to voluntarily reduce their work hours to care for children or elderly parents, or to explore new opportunities". Despite the increase in the percentage of workers employed on a part-time basis, CEPR concluded that such statistics were not sufficient to make any overall judgments on the health of the labor market.


Employment

CEPR backs alongside the
Economic Policy Institute The Economic Policy Institute (EPI) is a 501(c)(3) non-profit American think tank based in Washington, D.C., that carries out economic research and analyzes the economic impact of policies and proposals. The EPI describes itself as a non-partisan th ...
the Full Employment Caucus, a group on United States House officials that advocate for
full employment Full employment is a situation in which there is no cyclical or deficient-demand unemployment. Full employment does not entail the disappearance of all unemployment, as other kinds of unemployment, namely structural and frictional, may remain. For i ...
in the United States.


Minimum wage

A 2014 study by CEPR shows that 13 states that increased their
minimum wage A minimum wage is the lowest remuneration that employers can legally pay their employees—the price floor below which employees may not sell their labor. Most countries had introduced minimum wage legislation by the end of the 20th century. Beca ...
had an average payroll of 0.99% compared to 0.68% in other states, though the CEPR stated the analysis was "far from scientific".


Taxes

In a 2014 report in ''
Fortune Fortune may refer to: General * Fortuna or Fortune, the Roman goddess of luck * Luck, a chance happening, or that which happens beyond a person's controls * Wealth, an abundance of items of economic value * Fortune, a prediction made in fortune-te ...
'', CEPR co-founder
Dean Baker Dean Baker (born July 13, 1958) is an American macroeconomist and co-founder, with Mark Weisbrot, of the Center for Economic and Policy Research (CEPR) in Washington, D.C. He is credited as one of the first economists to have identified the 2007–0 ...
suggested that according to poll findings, many citizens of the United States did not notice a 2% increase in their
Social Security tax The Federal Insurance Contributions Act (FICA ) is a United States federal payroll (or employment) contribution directed towards both employees and employers to fund Social Security and Medicare—federal programs that provide benefits for retire ...
.


Haiti

The CEPR created a blog called "Haiti: Relief and Reconstruction Watch" on their website to keep watch on what has been taking place in
Haiti Haiti (; ht, Ayiti ); french: Haïti ; officially the Republic of Haiti (; ) and formerly known as Hayti, is a country located on the island of Hispaniola in the Greater Antilles archipelago of the Caribbean Sea, to the east of Cuba and Jama ...
following the
2010 Haiti earthquake The 2010 Haiti earthquake (french: Séisme de 2010 à Haïti; ht, Tranblemanntè 12 janvye 2010 nan peyi Ayiti) was a catastrophic magnitude 7.0 Mw earthquake, with an epicenter near the town of Léogâne, Ouest department, approximately ...
.


Elsewhere in Latin America

In 2008, Brazilian Foreign Secretary
Celso Amorim Celso Luiz Nunes Amorim (born June 3, 1942) is a Brazilian diplomat who served as Minister of Foreign Relations from July 20, 1993 to December 31, 1994 under President Itamar Franco and again from January 1, 2003 to December 31, 2010 under Preside ...

Celso Amorim
cited CEPR's work to explain why Brazil had no interest in signing a
free trade agreementA free trade agreement (FTA) or treaty is a bilateral or multilateral agreement according to international law to form a free-trade area between the cooperating states. There are two types of trade agreements - bilateral and multilateral. Bilateral t ...
with the United States. He said that the CEPR report concluded that the most severe impacts from the
2008 Global Financial Crisis 8 (eight) is the natural number following 7 and preceding 9. In mathematics 8 is: * a composite number, its proper divisors being , , and . It is twice 4 or four times 2. * a power of two, being 2 (two cubed), and is the first number of the for ...
will be suffered by those economies most integrated to United States, those that have free trade agreements with the US. CEPR and its founder, Mark Weisbrot, has analysed and often written about economic situation in Venezuela. In October 2012, Weisbrot wrote an op-ed for ''
The New York Times ''The New York Times'' (''NYT'' or ''NY Times'') is an American daily newspaper based in New York City with a worldwide readership. Founded in 1851, the ''Times'' has since won 130 Pulitzer Prizes (the most of any newspaper), and has long be ...
'' that stated in part, " though some media have talked of Venezuela’s impending economic collapse for more than a decade, it hasn’t happened and is not likely to happen." Later, in a July 2014 article titled "How to fix Venezuela's troubled exchange rate" written for ''Fortune'' magazine, Weisbrot attributed many of Venezuela's economic problems to their monetary policies such as the government's exchange rate system. In a June 2016 article titled "A U.S. Policy of Non-intervention in Venezuela Would Be a Welcome Change" written for the ''New York Times,'' Weisbrot blamed the U.S. for many of Venezuela's economic problems: "Washington has caused enormous damage to Venezuela in its relentless pursuit of 'regime change' for the last 15 years." in 2019, CEPR criticized the Organization of American States (OAS)'s audit of the
2019 Bolivian general election General elections were held in Bolivia on 20 October 2019. Voters elected all 130 members of the Chamber of Deputies and 36 senators and cast ballots for a joint slate of president and vice president. Disputes over the transparency and legitim ...
, which concluded that the results of the elections should be voided because there were "drastic and hard-to-explain change in the trend of the preliminary results after the closing of the polls". Co-Director Mark Weisbrot contended that the report "provides absolutely no evidence — no statistics, numbers, or facts of any kind — to support this idea", and called on the OAS to retract its press release. CEPR asked researchers at the
MIT Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, the institute has since played a key role in the development of modern science, engineering, mathematics ...
Election Data and Science Lab to independently verify their work on the 2019 Bolivian election. The MIT researchers published a statistical analysis on 27 February 2020 confirming the results of the CEPR study and finding that there was no "statistical evidence of fraud that we can find — the trends in the preliminary count, the lack of any big jump in support for Morales after the halt, and the size of Morales’s margin all appear legitimate. All in all, the OAS's statistical analysis and conclusions would appear deeply flawed" and that "it is highly likely that Morales surpassed the 10-percentage-point margin in the first round" as originally presented.


Personnel

CEPR's staff includes
Ha-Joon Chang Ha-Joon Chang (; ; born 7 October 1963) is a South Korean institutional economist, specialising in development economics. Currently he is a reader in the Political Economy of Development at the University of Cambridge. Chang is the author of seve ...
and Eileen Appelbaum. Other staff members include John Schmitt, Deborah James (activist), Deborah James and Alexander Main. CEPR contributors include Advisory Board Members
Joseph Stiglitz Joseph Eugene Stiglitz (; born February 9, 1943) is an American economist, public policy analyst, and a professor at Columbia University. He is a recipient of the Nobel Memorial Prize in Economic Sciences (2001) and the John Bates Clark Medal (1 ...

Joseph Stiglitz
and
Robert Solow Robert Merton Solow, GCIH (; born August 23, 1924), is an American economist whose work on the theory of economic growth culminated in the exogenous growth model named after him. He is currently Emeritus Institute Professor of Economics at the Mass ...
. As of 2017, CEPR's Board of Directors includes: * Mark Weisbrot * Dean Baker * Walden Bello * Chuck Collins * Teresa Ghilarducci * Danny Glover * Gail Hurley * Mark Levinson * Lance Lindblom * Katherine McFate * Robert Pollin * Isabel Ortiz * Brennan Van Dyke Julian Bond served as CEPR's Board Chair in the past.


References


External links


CEPR website
{{Authority control Center for Economic and Policy Research, Non-profit organizations based in Washington, D.C. Political and economic think tanks in the United States Think tanks established in 1999 Progressive organizations in the United States 1999 establishments in Washington, D.C.