Center for Economic and Policy Research
|Type||Economic policy think tank|
|Headquarters||1611 Connecticut Avenue NW|
Washington, D.C., United States
The Center for Economic and Policy Research (CEPR) is a progressive American think-tank that specializes in economic policy. Based in Washington, D.C. CEPR was co-founded by economists Dean Baker and Mark Weisbrot in 1999.
Since its foundation in 1999, the Center for Economic and Policy Research (CEPR) has primarily concentrated 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).
CEPR supports the Affordable Care Act (ACA) 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.
A 2014 study by CEPR shows that 13 states that increased their minimum wage had an average payroll of 0.99% compared to 0.68% in other states, though the CEPR stated the analysis was "far from scientific". In response to criticism of President Joe Biden's support for a $15 minimum wage, Baker calculated that, had wages risen alongside increases in productivity since 1968, the minimum wage would be around $24 an hour.
CEPR has been supportive of left-leaning governments in South America.
In 2008, Brazilian Foreign Secretary Celso Amorim cited CEPR's work to explain why Brazil had no interest in signing a free trade agreement with the United States. He said that the CEPR report concluded that the most severe impacts from the financial crisis of 2007–08 would 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 have analysed and often written about the crisis in Venezuela. In an October 2012 op-ed for The New York Times, Weisbrot wrote that "[a]lthough 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." In a July 2014 article for Fortune, Weisbrot said the Venezuelan economy had performed well for the period from 2004, when the government gained control of the oil industry from the opposition, to 2012. He said the problems which commenced in 2012 were mainly due to Venezuela's exchange rate system. In a June 2016 article in The New York Times, Weisbrot wrote that "Washington has caused enormous damage to Venezuela in its relentless pursuit of 'regime change' for the last 15 years." He suggested the US end its intervention, which involved economic sanctions, funding of opposition groups and refusal to accept presidential election results.
in 2019, CEPR criticized the Organization of American States (OAS)'s audit of the 2019 Bolivian general election, 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 wrote 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 commissioned researchers at the MIT Election Data and Science Lab, John Curiel and Jack R. Williams, 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. The OAS dismissed the report as "neither honest, nor fact-based nor comprehensive" and called it "unscientific". Two Bolivian economists writing for Project Syndicate also argued that the study's assumptions were questionable for methodological reasons.
As of 2017, CEPR's Board of Directors includes:
- "Center For Economic And Policy Research - Nonprofit Explorer". ProPublica. Retrieved 2021-07-16.
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… Mark Weisbrot, co-director of the Center for Economic and Policy Research, a left-leaning Washington policy group.
- Sussman, Anna Louie (7 September 2015). "Are Women the New Face of Organized Labor?". The Wall Street Journal. Retrieved 20 September 2015.
- Fox, Maggie (24 July 2013). "Obamacare won't slash workers' hours, report finds". NBC News. Retrieved 31 October 2014.
- K.S., Jomo; Weisbrot, Mark; James, Deborah (15 April 2011). "The Scorecard on Development, 1960-2010: Closing the Gap?" (Video). Center for Economic and Policy Research.
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- Schwarz, Jon (2021-03-05). "Forget $15 an Hour — the Minimum Wage Should Be $24". The Intercept. Retrieved 2021-10-08.
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- "M.I.T. Researchers Cast Doubt on Bolivian Election Fraud". The New York Times. 2020-02-29. Archived from the original on 2020-02-29. Retrieved 2021-09-08.
- "Diversified markets have cut Brazil's exposure to US crisis". MercoPress. 4 April 2008.
- Weisbrot, Mark (2012-10-09). "Opinion | Why Chávez Was Re-elected". The New York Times. ISSN 0362-4331. Retrieved 2018-12-09.
- "How to fix Venezuela's troubled exchange rate". Fortune. Retrieved 29 September 2014.
- "How to save Venezuela". The New York Times. Retrieved 30 June 2016.
- Beeton, Dan. "OAS Should Retract Its Press Release on Bolivian Election, CEPR Co-Director Says | Press Releases | CEPR". cepr.net. Retrieved 2019-11-11.
- Williams, Jack. "Analysis of the 2019 Bolivia Election". Center for Economic and Policy Research. CEPR. Retrieved 1 March 2020.
- Curiel, John; Williams, Jack R. (27 February 2020). "Bolivia dismissed its October elections as fraudulent. Our research found no reason to suspect fraud". The Washington Post. Retrieved 28 February 2020.
- "US centre: No evidence of fraud in Bolivia's October polls - Evo Morales News". Al Jazeera. 2020-02-28. Retrieved 2021-09-08.
- "Bolivia after the ouster of Evo Morales, a leftist strongman". The Economist. ISSN 0013-0613. Retrieved 10 March 2020.
- Laing, Aislinn (2020-03-02). "Study casting doubt on Bolivian election fraud triggers controversy". U.S. Retrieved 2021-09-08.
- Escobari, Diego (2020-03-17). Project Syndicate https://www.project-syndicate.org/commentary/evo-morales-bolivia-presidential-election-fraud-by-walter-d-valdivia-and-diego-escobari-2020-03. Retrieved 2021-09-08. Missing or empty
- "Ha-Joon Chang". CEPR. Retrieved 30 September 2014.
- "Eileen Appelbaum". CEPR. Retrieved 30 September 2014.
- "Eileen Appelbaum". Russell Sage. Archived from the original on 2014-10-06. Retrieved 30 September 2014.
- "Deborah James". Global Exchange. Archived from the original on 2015-04-02. Retrieved 15 September 2014.
- "Staff". CEPR. Archived from the original on 19 March 2015. Retrieved 21 March 2015.
- "Joseph Stiglitz and Robert Solow". CEPR. Retrieved 30 September 2014.
- "Board of Directors". Center for Economic and Policy Research. March 2017. Archived from the original on 2008-03-10. Retrieved 31 March 2015.
- "Center for Economic and Policy Research - GuideStar Profile". www.guidestar.org. Retrieved 2017-03-31.