Publisher's Synopsis
"This volume collects the Working Papers prepared by William R. Cline and issued by Economics International, Inc., in 2018 through 2021. Chapter 1 argues that US median incomes have grown faster than generally recognized. Chapter 2 provides new estimates of US job losses from the China Shock to trade. Chapter 3 updates estimates of Fundamental Equilibrium Exchange Rates (FEERs). Chapter 4 estimates a Justified Stock Market Price model. Chapter 5 estimates a reduced form model of transient climate response to cumulative emissions (TCRE). Chapter 6 estimates carbon-dioxide-equivalent taxes for US meat. Chapter 7 examines the sustainability of US public debt after the Covid-19 pandemic shock. Chapter 8 examines the sustainability of public debt in major emerging market economies after the Covid-19 shock"--.