Eileen Appelbaum
Senior Economist and Co-Director, Center for Economic and Policy Research
Senior Economist and Co-Director, Center for Economic and Policy Research
Eileen is a Senior Economist and Co-Director of CEPR and fellow at Rutgers University Center for Women and Work. She has held visiting positions at the Wissenschaftszentrum (Berlin), University of Manchester and Leicester University (UK), University of South Australia, and University of Auckland (New Zealand). Prior to joining CEPR, she held positions as distinguished professor and director of the Center for Women and Work at Rutgers University and as professor of economics at Temple University. She holds a PhD in economics from the University of Pennsylvania.
Since 2010, Eileen’s research has focused on financialization of the economy and the role of private equity in financial engineering and restructuring of companies for financial gain. Her recent work has examined the financialization of health care. She has published more than 50 peer-reviewed articles, chapters in books, working papers, and pieces in an array of outlets, including The Hill and The American Prospect.
Her book, Private Equity at Work: When Wall Street Manages Main Street, coauthored with Rosemary Batt, was selected by the Academy of Management as one of the four best books of 2014 and 2015 and was a finalist for the 2016 George R. Terry award. This book was the first to provide a balanced examination of private equity’s effects on the companies they acquire and the workers in those companies. It has had an important and widely acknowledged impact on research and policy on private equity.
Prior to 2010, Eileen’s research focused on organizational restructuring and outcomes for firms and workers regarding low-wage jobs, new technology and work organization, and work-family policy. She has published peer-reviewed articles in a range of journals, including Review of Radical Political Economics, British Journal of Industrial Relations, JAMA Health Forum, and Advances in Health Care Management. Her book, Unfinished Business: Paid Family Leave in California and the Future of U.S. Work-Family Policy, coauthored with Ruth Milkman, examines the effects of paid family leave in California on employers and employees. It has been widely cited in discussions of national paid family and medical leave policy.
Several of her earlier books — The New American Workplace: Transforming Work Systems in the United States with Rosemary Batt, Low Wage America: How Employers Are Reshaping Opportunity in the Workplace with Annette Bernhardt and Richard Murnane, and Manufacturing Advantage: Why High Performance Work Systems Pay Off with Peter Berg, Thomas Bailey and Arne Kalleberg — were selected by Princeton University for its distinguished list of Noteworthy Books in Industrial Relations and Labor Economics.
In ways large and small, Main Street is being pillaged by Wall Street’s largest private investment firms.
The Stop Wall Street Looting Act will, for the first time, create sensible rules for the private equity industry that will allow productive investment to continue while halting the kinds of abusive practices that wipe out jobs and cripple strong companies
Partnerships between private equity firms to buy large enterprises have historically turned out very badly.
Private equity made no secret in 2014 that it was coming after people’s nest eggs.
Comments of Eileen Appelbaum, Co-Director, Center for Economic and Policy Research, Washington, DC. Submitted on FederalRegister.gov on February 13, 2021
February 5th, 2021 marks the 28th anniversary of the Family and Medical Leave Act (FMLA). While this landmark federal legislation has protected the health and incomes of millions of workers, it still leaves out an overwhelming share of low- or moderate-in
In response to Surprise Medical Billing legislation inserted into the omnibus spending and COVID relief bill introduced December 21st (passing on December 22nd), CEPR Co-Director Eileen Appelbaum issued the following statement:
Compromise legislation to end the practice has private equity firms nervous.
It’s time to re-examine the tax-exempt status of these profit-making ‘nonprofits.’
Consolidation in the dairy industry has created separate, inflexible supply chains for consumers and commercial markets.