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

March 2018
President Trump has asserted that trade balances are a key measure of a nation’s commercial success and that large US trade deficits prove that past trade approaches have been flawed. But trade deficits are not in fact a good measure of how well a country is doing with respect to its trade policies...

Olivier Blanchard (PIIE), Christopher G. Collins (Federal Reserve Board of Governors), Mohammad R. Jahan-Parvar (Federal Reserve Board of Governors), Thomas Pellet (PIIE) and Beth Anne Wilson (Federal Reserve Board of Governors)

February 2018

Working Papers

March 2018
This paper evaluates four approaches to creating “safe assets” or asset portfolios for the euro area: (1) a diversified portfolio of senior tranches of sovereign debt (“national tranching”); (2) a senior security backed by a diversified pool of national sovereign debt (“ESBies”); (3) debt issued by...

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