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
June 23, 2017
It may not make much sense that geopolitical risk has little equity market impact, but it should not surprise us. Historically, even actual outbreaks of war or recurrent terrorism have caused little in the way of deviations of market outcomes from their usual patterns—and when they have had an...