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"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...
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This paper set forth a new methodology for obtaining a consistent set of exchange rate realignments needed to accomplish international adjustment in current account imbalances to reach fundamental equilibrium exchange rates (FEERs). The approach is named the symmetric matrix inversion method...
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This study provides new estimates of the likely economic losses from banking crises. It also provides new estimates of the economic cost of increasing bank capital requirements, based on the author's earlier estimate (Cline 2015) of the empirical magnitude of the Modigliani-Miller effect in...
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