More debate as to whether the financial crisis has permanently dented America’s productive capacity….
Humbler horizons, The Economist, 25 May 2012
In its January 2012 report The Budget and Economic Outlook: Fiscal Years 2012–2022, the CBO presented its latest assumptions underlying its projection of potential GDP. The spreadsheet containing details of the estimates can be found here
The Effect of Financial Crises on Potential Output: New Empirical Evidence from OECD Countries, Furceri & Mourougane, OECD, May 2009
What’s the damage? Medium term output dynamics after financial crises, IMF World Economic Outlook, Sep 2009
From Many Series, One Cycle: Improved Estimates of the Business Cycle from a Multivariate Unobserved Components Model, Fleischman & Roberts, Federal Reserve Finance and Economics Discussion Series WP2011-46, Oct 2011
A related post is The New Normal for US Unemployment