Claremont Institute for Economic Policy Studies

CIEPS is a leader in the development and evaluation of measures of social, political, and institutional variables to be used in empirical research in political economy.


About CIEPS

Founded in 1983, the Claremont Institute for Economic Policy Studies is the research arm of the economics and political economy programs at CGU. It is directed by Thomas D. Willett, Horton Professor of Economics. Graduate students and economics and political science faculty from CGU and the other Claremont Colleges and a group of research associates are involved in the work of the Institute.

In addition to providing research assistantships and engaging in specific research projects, the Institute frequently organizes seminars, conferences, workshops, and sessional professional meetings such as the Asia Pacific Economic Association and the Western Economic Association International on various aspects of political economy and economic policy. The Institute also sponsors visiting scholars.

The Institute has developed a group of research associates from other universities who are closely involved in many of its activities, and has entered into cooperative activities with a number of universities and research institutes in the United States and abroad.

An International Reputation

The Institute has developed an international reputation for producing high-quality policy research and analysis of domestic and international economic policy issues and has become a leader in promoting cooperative work between economists and political scientists on the political economy of economic policy, public choice analysis, the new institutional economics, and comparative and international political economy. A major focus of research is on the relationships among institutions and economic performance, including economic growth, inflation, migration, and currency and financial crisis. As a consequence we have become a leader in the development and evaluation of measures of social, political, and institutional variables to be used in empirical research in political economy.

Close Interaction with Faculty

The Institute, and SPE more generally, emphasize close interaction between students and faculty and the activities of the Institute are seen as an important venue for student mentoring, especially in helping students develop their skills in undertaking applied economic and political economy research and preparing research papers and policy reports. A large number of published papers by graduate students, often coauthored with faculty, have come out of Institute projects.

A Wide Range of Policy Issues

The Institute focuses on a wide range of policy issues which are analyzed from an array of approaches including formal models, econometric techniques, informal theory and historical case studies. Common themes in Institute projects involve the need to pay careful attention to data and the historical and institutional situations in which formal theory and statistical methods are applied and the importance of political influences on economic and policies. Such emphasis is often referred to by labels such as public choice or political economy analysis or the new institutional economics. While focusing on the role of incentives, we emphasize issues of imperfect information, collective actions, coordination and principal-agent problems, cognitive limitations, and differences in objectives and mental models that generate deviations from the predictions of simple full information unified actor models of rational choice.


DESCRIPTION OF A NUMBER OF ONGOING MAJOR RESEARCH PROJECTS ARE AVAILABLE BELOW. FOR DISSERTATIONS AND WORKING PAPERS WRITTEN BY CIEPS ASSOCIATES, PLEASE FOLLOW THE LINK IN THE RIGHT CORNER OF THIS PAGE.

 

China-Asia Pacific Political Economy Project

Currency and Financial Crises and New Perspectives on Financial Behavior

Political Economy, Institutions, and Financial Behavior Data Project

Capital Flows, Sudden Stops and International Reserves

The Optimum Currency Area Approach to Exchange Rate Policy and International Monetary Cooperation

Mental Models and Economic Policy

 

OTHER POLICY AREAS ON WHICH ASSOCIATES OF CIEPS HAVE FOCUSED INCLUDE

 

Energy and environmental policy

Growth of government

Analysis of central bank independence

Inflation and economic growth

Monetary policy issues in emerging markets

Political business cycles

Political economy of international trade policies

 

 

LINK TO:

[DISSERTATIONS]

[WORKING PAPERS]

[CONFERENCES ] 

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RESEARCH ASSOCIATES:

Puspa Amri

Penny Angkinand Prabha

Sven Arndt

Nancy Auerbach

King Banaian

Graham Bird

Thomas Borcherding

Richard Burdekin

Eric Chiu

Arthur Denzau

Levan Efremidze

Yi Feng

Ramya Ghosh

Eunyoung Ha

Sungsoo Kim

Yoonmin Kim

James Lehman

Jie Li

Priscilla Liang

Stephen Marks

Wahyu A. Nugroho

Alice Ouyang

Ramkishen Rajan

Ravi Roy

John Rutledge

Suppaleuk Sarpphaitoon

Ozan Sula

Richard J. Sweeney

Nancy Tao

Joshua Tasoff

Yelena Tuzova

Marc Weidenmeier

Clas Wihlborg

Jingjing Xu

Nan Zhang

 

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