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.
As we face a coronavirus-induced health and economic crisis of uncertain duration, policy makers should be particularly concerned about private equity’s heightened use of debt to buy out healthcare providers and take them private, with no oversight.
This table is based on the two COVID-19 bills enacted by Congress to date and our best understanding of the compromise bill passed by the Senate.
Letter from the co-directors of the Center for Policy and Economic Research to the Policy Research Council.
The novel coronavirus has revealed the weaknesses in the ACA that jeopardize the health of all Americans. It is now clearer than ever that the US needs to move beyond the ACA to provide universal, affordable coverage to ensure no one lacks health care.
Again, the CARES Act demonstrates the Republican party’s complete disdain for the health or economic well-being of American workers.
If millions of Americans can self-isolate, then private equity firms and out-of-network doctors who have already made millions on the backs of sick people can do the right thing.
It is encouraging that the Trump administration is now taking steps to respond to the economic damage from the novel coronavirus pandemic, but from what has been disclosed, its plan is poorly designed.
Does the federal government have meaningful tools available to turn a terrible situation into one that is meaningfully less terrible?
The coronavirus pandemic has laid bare how ill-prepared the U.S. is to address basic human needs. Unlike every other wealthy nation, the US fails to provide access to health care for everyone, paid time off for workers who are sick, safety standards to pr
In an otherwise insightful article on how the medical system profits from surprise medical bills, medical doctor and journalist Elisabeth Rosenthal fails to mention the detrimental role played by private equity firms.