The Centre for Economic Policy Research (CEPR) is now a new academic partner to the Think Forward Initiative (TFI). CEPR and TFI have announced their intentions to cooperate closely on several research aspects, all aimed at better understanding consumers and enabling people to make better decisions on household finances. CEPR participation will be through its Network on Household Finance.
CEPR forms a virtual centre of excellence for European economics through an active community of individual researchers, working together to produce high-quality research. Currently, CEPR’s overall network includes over 1,000 of the top economists conducting research on relevant economic topics and produces over 700 discussion papers, reports and books a year.
The CEPR Household Finance Network, which will carry out the cooperation with TFI, was founded in mid-2015. This network aims to promote research on household finance that is both scientifically excellent and relevant to policymakers and market participants. CEPR’s extensive research expertise and ability to combine both macro and micro economic analysis and to use a wide variety of methods (theoretical, computational, econometric, experimental) to study various dimensions of consumer behaviour and household dynamics, will help the TFI to develop a fuller and holistic view on (financial) decision-making, to enable people to make better decisions: both purely financial decisions and non-financial decisions with financial consequences.
“Household finance combines insights from several fields to understand how finance can be made to work better for people. The new CEPR Network on Household Finance shares with the TFI the commitment to 'economics in the service of society', making the partnership promising and worthwhile.”
As such, the CEPR Network on Household Finance is a perfect academic partner for the Think Forward Initiative. Cooperation is to take many forms. For example: popularising insights from academic papers, jointly setting up events that promote interaction between academics and practitioners, and joint activities to cultivate interest in household finance issues. Furthermore, CEPR can help shape the TFI Research agenda and opens up an extended network of excellent academics.
The Centre for Economic Policy Research (CEPR) was founded in 1983 to enhance the quality of economic policy-making within Europe and beyond, by fostering high quality, policy-relevant economic research, and disseminating it widely to decision-makers in the public and private sectors. Drawing together the expertise of its Research Fellows and Affiliates, CEPR initiates, funds and coordinates research activities and communicates the results quickly and effectively to decision makers around the world. The Centre is an independent, non-profit organisation and takes no institutional policy positions.