Publications

PIIE's 50+ scholars research a wide range of topics and regions. Our publications reflect the Institute’s commitment to timely, prescient, and topical research in a variety of formats. PIIE books, Policy Briefs, PIIE Briefings, Working Papers, and other scholarly writings all meet our high standards of intellectual rigor and transparency. All PIIE publications communicate the analysis, views, and scholarship of their authors and are not intended to reflect an official view of the Institute or the views of members of the Institute's Board of Directors.

Policy Briefs

November 2017
The early boost to the dollar following President Donald Trump's election—a Trump "bump"—has been replaced by a Trump "dump." The real effective exchange rate (REER) for the US dollar fell by 6.3 percent from its monthly peak in December 2016 to the October base period used in this study. As a...

Working Papers

November 2017
Fifty years ago, Milton Friedman articulated the natural rate hypothesis. It was composed of two sub-hypotheses: First, the natural rate of unemployment is independent of monetary policy. Second, there is no long-run tradeoff between the deviation of unemployment from the natural rate and inflation...

PIIE Briefings

July 2017
The North American Free Trade Agreement (NAFTA) ranks at the top of anyone’s list of the most controversial trade deals of all time. Reviled by critics as unfair and as a job destroyer, praised by its defenders as having a documented record of success in spurring economic growth, NAFTA reduced...

C. Fred Bergsten (PIIE) and Monica de Bolle (PIIE), editors