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New Policy Insight: (Re)building Europe’s defence: Human capital is key
Manuel Trajtenberg
"As Europe contemplates embarking on a large-scale build-up of its defence capabilities, it should do so by investing in tandem and gradually in human and in physical capital... Indeed, robust defence capabilities can be developed not just without impeding economic growth, but by fostering it. This is the sort of reasoning that economists can bring to the table ... and thus support a well-designed military
build-up in Europe."
Trump and Tariffs
Curated content exploring the wide-ranging effects of the Trump administration tariffs
Recent VoxEU Columns
VoxEU Column
Big techs’ AI empire
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- Competition Policy 
- Finance and Fintech 
- Productivity and Innovation
VoxEU Column
Overcoming constraints: How banks helped US firms reroute their supply chains
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- Financial Regulation and Banking 
- International trade
Artificial intelligence (AI) has the potential to fundamentally transform our economies and the way we conduct economic research.
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Discussion paper
DP20226 The Economics of Large Language Models: Token Allocation, Fine-Tuning and Optimal Pricing
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- Artificial Intelligence
Discussion paper
DP20206 Generative AI’s Impact on Student Achievement and Implications for Worker Productivity
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- Artificial Intelligence
VoxEU Column
The local effects of artificial intelligence labour investments: Evidence from the municipal bond market
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- Artificial Intelligence 
- Labour Markets 
- Productivity and Innovation
New Publication
To modernise infrastructure, achieve carbon neutrality, and bolster defence and social services, the European Union must close an annual investment gap of €750–800 billion. Public– private partnerships (PPPs) are frequently proposed as a solution, but their effectiveness is debated. Can they help bridge the funding shortfall, or do they introduce inefficiencies and risks related to contract renegotiations?
Panel on Geopolitics - Recorded at the CEPR Paris Symposium 2024
Panellists: Arancha González, Yuriy Gorodnichenko, Jean Pisani-Ferry
Moderator: Martin Sandbu (The Financial Times)
News
Latest announcements about publications, events and Researcher activities
CEPR Women in Economics
CEPR has formalised its efforts to improve representation of women in the economic profession with the creation of the CEPR Women in Economics Initiative. This page collates the various projects CEPR is involved with and provides a single platform through which the myriad of high quality output and initiatives can be accessed.
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Find out more about CEPR & what it does
For 40 years, the Centre for Economic Policy Research has provided an invaluable bridge between the world of economic research and those of monetary and fiscal policymaking. Find out more about the organisation and the influential part it has played in global and European economics during those years.
The Week's New Discussion Papers
CEPR publishes over 1000 new Discussion Papers each year and subscribers have access to an impressive archive of more than 20,000 papers, dating back to 1984.
CEPR Paris
In October 2021, CEPR opened a new Paris office
