Commentary

PIIE's scholars draw on their research to provide commentary and analysis in a broad array of formats outside the Institute. Op-eds, testimony, speeches, and scholarly papers for other organizations all aim for the highest standards of objectivity, rigor and transparency required by the Institute for its own publications. Their writings are not intended to reflect an official view of the Institute or the views of members of the Institute's Board of Directors, and authors must adhere to strict standards of disclosure of any potential conflicts of interest.

Op-Eds

Op-Ed
February 24, 2017
In the 2016 American presidential election, Hillary Clinton and Donald Trump agreed that the US economy is suffering from dilapidated infrastructure, and both called for greater investment in renovating and upgrading the country’s public capital stock. Now that the Trump administration is preparing...

Paolo Mauro (International Monetary Fund)

Testimonies

Testimony
December 7, 2016
A. Main Points The Federal Reserve System has been tasked by Congress with maintaining full employment while keeping inflation low. 1 All well-functioning industrial democracies have a central bank with a similar mandate. During normal times, central banks respond to shocks and attempt to smooth...