Robert Hall: Quantifying the Lasting Harm to the U.S. Economy from the Financial Crisis: “The financial crisis and ensuing Great Recession… …left the U.S. economy in an injured state. In 2013, output was 13 percent below its trend path from 1990 through 2007. Part of this shortfall—2.2 percentage points out of the 13—was the result … Continue reading Afternoon Must-Read: Robert Hall: Quantifying the Lasting Harm to the U.S. Economy from the Financial Crisis