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

February 2018
Immediately following the US presidential election in November 2016, many economists were concerned that increased uncertainty over economic policy would lead to a decline in the US stock market. From the time of the election to the end of 2017, however, the stock market, as measured by the...

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)

Working Papers

January 2018
The authors study central bank interventions in times of severe distress (mid-2010), using a unique bond-level dataset of European Central Bank (ECB) purchases of Greek sovereign debt. ECB bond buying had a large impact on the price of short and medium maturity bonds, resulting in a remarkable “...

Christoph Trebesch (Kiel University) and Jeromin Zettelmeyer (PIIE)

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