Centre for Economic Policy Research
Encyclopedia
The Centre for Economic Policy Research (CEPR), a registered charity founded in 1983 by Richard Portes
Richard Portes
Richard Portes CBE is currently professor of Economics at London Business School. He is President of the Centre for Economic Policy Research which he founded in 1983. CEPR is a network network of over 700 Research Fellows and Affiliates who contribute to economic research and policy debates in Europe...

 , FBA, CBE
CBE
CBE and C.B.E. are abbreviations for "Commander of the Order of the British Empire", a grade in the Order of the British Empire.Other uses include:* Chemical and Biochemical Engineering...

, is a network of over 700 researchers based mainly in universities throughout Europe
Europe
Europe is, by convention, one of the world's seven continents. Comprising the westernmost peninsula of Eurasia, Europe is generally 'divided' from Asia to its east by the watershed divides of the Ural and Caucasus Mountains, the Ural River, the Caspian and Black Seas, and the waterways connecting...

, who collaborate through the centre in research and its dissemination. CEPR's office is located in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

 but CEPR is a Think-Net drawing on academic research across Europe.

Mission

The Centre's mission is to promote research excellence and policy relevance in European economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...

. The CEPR network consists of over 750 Research Fellows and Affiliates based in over 237 different institutions in 28 countries (90% in the European Union
European Union
The European Union is an economic and political union of 27 independent member states which are located primarily in Europe. The EU traces its origins from the European Coal and Steel Community and the European Economic Community , formed by six countries in 1958...

). Because it draws on such a large network of researchers, CEPR is able to produce a wide range of research that reflects a broad spectrum of individual viewpoints and perspectives.

Notable members

All but one of the recipients of the Yrjö Jahnsson Award
Yrjö Jahnsson Award
The Yrjö Jahnsson Award is a biennial award given by the Finnish Yrjö Jahnsson Foundation and the European Economic Association to European economists under the age of 45 "who have made a contribution in theoretical and applied research that is significant to the study of economics in Europe." ...

 in economics and all but one of the recipients of the Germán Bernácer Prize
Germán Bernácer Prize
The Germán Bernácer Prize has been awarded annually since 2001 to recognize economic research by European economists under 40. The prize is named for Germán Bernácer, an early Spanish macroeconomist....

 in economics are CEPR members.
The 2008 Nobel Prize winner in Economics Paul Krugman
Paul Krugman
Paul Robin Krugman is an American economist, professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, Centenary Professor at the London School of Economics, and an op-ed columnist for The New York Times...

 has been a CEPR Research Fellow since 1984. The 2009 winner of the John Bates Clark Medal
John Bates Clark Medal
The John Bates Clark Medal is awarded by the American Economic Association to "that American economist under the age of forty who is adjudged to have made a significant contribution to economic thought and knowledge"...

, Emmanual Saez, is Co-Director of the Centre's Public Policy Programme.

Contributions to policy debates

CEPR has made contributions to a wide range of European policy issues for over two decades. The 1980s and 1990s, for example, saw the emergence in Europe of new policy issues, which not only reflected significant developments in the European economy, but also posed severe challenges for academic economists and policy-makers:
  • the Single Market
    Single market
    A single market is a type of trade bloc which is composed of a free trade area with common policies on product regulation, and freedom of movement of the factors of production and of enterprise and services. The goal is that the movement of capital, labour, goods, and services between the members...

     and the deepening of integration in the real economy
  • the "new" EMS, the complete abolition of capital controls and the beginning of the journey towards European Monetary Union
  • the emergence of democratic governments on Europe's southern and eastern borders, and the subsequent enlargement of the European Community
  • the difficulties of economic transition in Central and Eastern Europe
    Central and Eastern Europe
    Central and Eastern Europe is a term describing former communist states in Europe, after the collapse of the Iron Curtain in 1989/90. In scholarly literature the abbreviations CEE or CEEC are often used for this concept...

     and the former Soviet Union
    Soviet Union
    The Soviet Union , officially the Union of Soviet Socialist Republics , was a constitutionally socialist state that existed in Eurasia between 1922 and 1991....

  • sustained high unemployment in Europe and the apparent failure of conventional policies to reduce joblessness.


CEPR is ranked among the leading European think tanks by James McGann.

Discussion papers

The Centre disseminates its research in the first instance through the CEPR Discussion Paper Series, in which it publishes almost 700 papers annually. As of May 2009, the CEPR series is ranked fifth among all economics working paper series and journals in terms of total downloads, according to the RePEc
Research Papers in Economics
Research Papers in Economics is a collaborative effort of hundreds of volunteers in 57 countries to enhance the dissemination of research in economics. The heart of the project is a decentralized database of working papers, preprints, journal articles and software components. The project started...

 database.

VoxEU.org

VoxEU.org is an online information policy portal set up by CEPR in conjunction with a consortium of other European sites, including the Italian site LaVoce(which provided inspiration for the idea and help from the start), the French site Telos, the Spanish site Sociedad Abierta, and the German Ökonomenstimme. Vox aims to enrich the economic policy debate in Europe and beyond.

Vox aims to promote research-based policy analysis and commentary by leading scholars. The intended audience is economists in governments, international organisations, academia and the private sector as well as journalists specializing in economics, finance and business. The main editors are leading European economists and economic journalists including: Richard Baldwin, Tito Boeri
Tito Boeri
Tito Michele Boeri is an Italian economist, currently professor of economics at Bocconi University, Milan and acts as Scientific Director of the Fondazione Rodolfo Debenedetti.- Biography :...

, Juan Dolado, Romesh Vaitilingam, and Charles Wyplosz.

Felix Salmon discusses VoxEU and the difference between blogs and policy portals., and Clive Crook in his blog discusses Vox's contribution to policy debates

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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