I draw somewhat different conclusions from the wavering track of potential GDP than do the vires illustres Steve Cecchetti and Kermit Schoenholtz. But let me reserve that until some moment later on in the day when I am more awake… Stephen G. Cecchetti and Kermit L. Schoenholtz: Forecasting Trend Growth: Living with Uncertainty: “We should … Continue reading Morning Must-Read: Stephen G. Cecchetti and Kermit L. Schoenholtz: Forecasting Trend Growth: Living with Uncertainty