Social Science Research Institutes

CENTER FOR ECONOMIC AND POLICY RESEARCH

  • Washington, DC
  • www.cepr.net

Mission Statement

CEPR functions as an economic "truth squad" and a media watchdog, conducting professional research and analysis, as well as public and media education. The professional research is oriented towards filling important gaps in the understanding of particular economic and social problems, or the impact of specific policies. The public education portion of CEPR's mission is to present the findings of professional research, both by CEPR and others, in a manner that allows broad segments of the public to know exactly what is at stake in major policy debates. An informed public should be able to choose policies that lead to an improving quality of life, both for people within the United States, and around the world. The goal of CEPR is ensure that the citizenry has the information and analysis that allows it to act effectively in the public interest.

Main Programs

  1. Research, Analysis and Education

service areas

National

Self-reported by organization

ruling year

2000

chief executive

Dean Baker

Self-reported by organization

co-chief executive

Mark Weisbrot

Self-reported by organization

Keywords

economy, policy, research, public education, Social Security, Medicaid, housing, trade, international, Latin America

Self-reported by organization

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EIN

52-2204029

Also Known As

CEPR

Contact

Cause Area (NTEE Code)

Research Institutes and/or Public Policy Analysis (V05)

Research Institutes and/or Public Policy Analysis (R05)

Research Institutes and/or Public Policy Analysis (Q05)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Impact statement

One of CEPR’s biggest successes in 2013 was an op-ed by the Public Editor of the New York Times Margaret Sullivan on budget reporting. CEPR has written extensively on the need for budget reporting to put numbers in context. Sullivan’s piece linked to one of Dean Baker's op-eds and mentioned Baker by name. If people understand that a cut to the food stamp program of $40bn over 10 years translates to just 0.09 percent of projected federal spending then they will see that while such a cut may be a big deal to the people affected, it means little in terms of reducing the deficit.

CEPR’s research has also, at least for now, helped to prevent the passage of a “grand bargain” that would have resulted in cuts to Social Security and Medicare. It is encouraging that some politicians are promoting the idea that Social Security should be expanded, and that the media is reporting it. This is an important development since for the past few decades the prevailing view was that Social Security needed to be cut.

Similarly, CEPR’s international team has had success in pushing back against the austerity narrative for Europe. Mark Weisbrot continued to engage in debates with high level officials from the International Monetary Fund. Weisbrot pointed out that a continuation of austerity policies will hamper the eurozone's recovery, causing unemployment to remain at record highs and diminishing the long-term prospects for both a generation of workers and the potential output of the economy.

Programs

What are the organization's current programs, how do they measure success, and who do the programs serve?

Self-reported by organization

Program 1

Research, Analysis and Education

CEPR conducts research, analysis and public education on both domestic and international economic and policy issues. Our domestic program focuses on macroeconomic issues (such as Social Security, Medicaid, the federal budget and taxes, the Gross Domestic Product, trends in labor markets), as well as the economic well-being of families (including access to child care, health insurance and quality jobs). Our international program focuses on trade policy, international economic development and democracy, especially in Latin America.

Category

Public, Society Benefit

Budget

$1,615,330.00

Population Served

General Public/Unspecified

Charting Impact

Five powerful questions that require reflection about what really matters - results.

Self-reported by organization

  1. What is the organization aiming to accomplish?
    The mission of Center for Economic and Policy Research (CEPR) is to promote democratic debate on the most important economic and social issues that affect people's lives. CEPR exists to provide data-driven, fact –based economic research and analysis to policymakers, the press and the public. CEPR presents complex economic policy concepts in an easy to understand format, so that everyone understands the implications of proposed policies. CEPR’s research strives to inform the debate so that the policies adopted are those that create the greatest opportunities for as many people as possible, not just a small group of elites. CEPR’s work focuses on policies aimed at reducing the growing economic inequality that has occurred over the past 30 years.
  2. What are the organization's key strategies for making this happen?
    CEPR accomplishes that mission by conducting thorough research and economic analysis and publishing the results, which are then disseminated to the press as well as advocates and policymakers. CEPR promotes its work as widely as possible, and CEPR’s economists are recognized as experts on a wide range of economic issues. They write op-eds and appear on numerous radio and television programs to talk about CEPR’s work. In addition, CEPR’s outreach staff provide grassroot groups, advocates and policymakers with CEPR’s research, and work to educate as many people as possible on the implications of various policy options.
  3. What are the organization's capabilities for doing this?
    CEPR’s economists are well-recognized experts in the field and CEPR’s research is known for its accuracy and thoroughness. In addition, CEPR has developed an extensive communications strategy over the past 15 years. CEPR’s communications directors have established relationships with reporters and editorial boards of numerous media outlets to ensure that CEPR’s work has the widest reach possible. In addition, CEPR’s outreach team participates in numerous coalitions and working groups to ensure that CEPR’s research informs the debate. CEPR also educates policymakers so that its work informs policy decisions as much as possible.
  4. How will they know if they are making progress?
    CEPR tracks all forms of media coverage to ascertain whether its research is reaching the intended audiences. Just in the past year, CEPR has been mentioned in the New York Times, the Los Angeles Times, the Washington Post, USA Today, US News and World Report, Bloomberg News, PBS, CNN, NPR and MSNBC, to name a few. CEPR’s impact on the media and influence on policy debates are comparable to institutions that are ten times its size. Based on an analysis of Fairness and Accuracy in Reporting’s 2011 think tank media citation rankings and organizational budgets, CEPR was the most cost-effective think tank in 2011 for the fifth consecutive year. CEPR outpaced all other think tanks with 1.3 media citations per ten thousand budget dollars. CEPR was also number one in web traffic per budget dollar in 2011, getting more than twice the number of hits as its closest competitor.
  5. What have and haven't they accomplished so far?
    CEPR is in a unique position to shape debate on crucial economic issues and to contribute to the development of policy alternatives. Probably no other U.S. organization is as successfully engaged in all these aspects of work – research, education, media, and outreach – on key economic issues. CEPR’s reach continues to grow. CEPR had almost 2,000,000 total visits to its site www.cepr.net in 2013, far surpassing the previous year’s total. CEPR currently has also greatly increased its reach though the use of social media. CEPR has almost 16,000 “fans” on Facebook, and the Twitter audience for @ceprdc is over 11,000. Dean Baker's Twitter account, @deanbaker13, has over 18,600 followers, and Beat the Press has an additional 3,000. Many of CEPR’s followers on Twitter are reporters, and CEPR staff members regularly engage with them through our twitter feeds, providing an additional outlet for CEPR’s research and analysis.
    CEPR’s credibility has grown mainly because it has consistently been ahead of other economists and analysts on key issues, most notably identifying the stock and housing market bubbles and warning of the consequences of their collapse. As early as 1997 Dean Baker showed arithmetically that stock prices were incompatible with the generally accepted range of projections for the growth of the economy or profits. He first wrote about the housing bubble in the summer of 2002, warning that the collapse of the bubble at that point would likely lead to a recession and severe stress on many major financial institutions.
    Similarly, CEPR Co-Director Mark Weisbrot continues to gain prominence as an authority on international economics and Latin America. Folha de Sao Paulo, Brazil’s largest newspaper, has contracted with Weisbrot for a bi-weekly column, increasing Weisbrot’s influence in Latin America. Other Latin American publications, such as Argentine daily Página/12, also have published Spanish translations (done by CEPR staff) with increasing frequency, contributing to Weisbrot’s stature as one of the best known U.S. economists in Argentina and the region.

    CEPR has accomplished all of this on a very small budget compared to other research institutions. One challenge has been fundraising. With additional sources of funding, there would be no limits to what CEPR could achieve.

service areas

National

Self-reported by organization

Blog

The organization's Blog

Social Media

@https://www.facebook.com/ceprDC

@https://twitter.com/ceprdc

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

CENTER FOR ECONOMIC AND POLICY RESEARCH
Fiscal year: Jan 01-Dec 31
Yes, financials were audited by an independent accountant.

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Operations

The people, governance practices, and partners that make the organization tick.

CENTER FOR ECONOMIC AND POLICY RESEARCH

Leadership

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Free: Gain immediate access to the following:
  • Address, phone, website and contact information
  • Forms 990 for 2014, 2013 and 2013
  • Board Chair and Board Members
  • Access to the GuideStar Community
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CHIEF EXECUTIVE FOR FISCAL YEAR

Dean Baker

co-chief executive

Mark Weisbrot

BIO

Dean Baker is the author of "The End of Loser Liberalism: Making Markets Progressive," "Taking Economics Seriously, False Profits: Recovering from the Bubble Economy," "Plunder and Blunder: The Rise and Fall of the Bubble Economy," "The United States Since 1980," "The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer," "Social Security: The Phony Crisis" (with Mark Weisbrot), and "The Benefits of Full Employment" (with Jared Bernstein). He was the editor of "Getting Prices Right: The Debate Over the Consumer Price Index," which was a winner of a Choice Book Award as one of the outstanding academic books of the year. He appears frequently on TV and radio programs, including CNN, CBS News, PBS NewsHour, and National Public Radio. His blog, Beat the Press, features commentary on economic reporting. He received his B.A. from Swarthmore College and his Ph.D. in economics from the University of Michigan.

Governance

BOARD CHAIR

Julian Bond

National Association for the Advancement of Colored People

Term: July 2011 - July 2013

BOARD LEADERSHIP PRACTICES

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BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


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CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


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ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


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BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?