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.
LINK TO [ WORKING PAPERS | CONFERENCES ]
In addition to providing research assistantships and engaging in specific research projects, the Institute, in collaboration with the The Lowe Institute of Political Economy, Claremont McKenna College, sponsors a working paper series and edits Claremont Policy Briefs. These briefs offer commentaries on currency major policy issues. In addition, the Institute frequently organizes conferences 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.
Ongoing Research...
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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.
A BRIEF LIST OF BOOKS
RESULTING FROM CIEPS PROJECTS
Neoliberalism, (2007)
Democracy, Governance and Economic Performance: Theory and Evidence, MIT Press, (2003)
The Dollarization Debate, Oxford University Press (2003)
States, Banks and Markets, Westview Press, (2001)
Financial Market Reform in China, Westview Press, (2000)
Exchange Rate Policies for Emerging Market Economies, Westview Press, (1999)
Political Capacity and Economic Behavior, Westview Press, (1997)
Capital Controls in Emerging Economics, Westview Press, (1997)
Growth, Debt and Politics, Westview Press, (1996)
Establishing Monetary Stability in Emerging Market Economies, Westview Press, (1995)
The Political Economy of International Organizations, Westview Press, (1991)
International Trade Policies, University of Michigan Press, (1990)
Political Business Cycles, Duke University Press, (1988)
Exchange Rates, Trade, and the US. Economy, Ballinger, (1985)
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