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Michael Mussa, surveying the record of 10 American recessions since World War II, suggests that there is a good chance of recovery as early as the end of 2009.
Olivier Blanchard (PIIE), Guido Lorenzoni (Northwestern University) and Jean Paul L'Huillier (Einaudi Institute for Economics and Finance)
William R. Cline (PIIE)
Olivier Blanchard (PIIE)