Show simple item record

2005-04-08Buch DOI: 10.18452/3889
Towards a Monthly Business Cycle Chronology for the Euro Area
dc.contributor.authorMönch, Emanuel
dc.contributor.authorUhlig, Harald
dc.date.accessioned2017-06-15T22:54:28Z
dc.date.available2017-06-15T22:54:28Z
dc.date.created2005-09-01
dc.date.issued2005-04-08
dc.identifier.issn1860-5664
dc.identifier.urihttp://edoc.hu-berlin.de/18452/4541
dc.description.abstractThis paper is an exercise in dating the Euro area business cycle on a monthly basis. Using a quite flexible interpolation routine, we construct several monthly series of Euro area real GDP, and then apply the Bry-Boschan (1971) procedure. To account for the asymmetry in growth regimes and duration across business cycle phases, we propose to extend this method with a combined amplitude/phase-length criterion ruling out expansionary phases that are short and flat. Applying the extended procedure to US and European data, we are able to replicate approximately the dating decisions of the NBER and the CEPR.eng
dc.language.isoeng
dc.publisherHumboldt-Universität zu Berlin, Wirtschaftswissenschaftliche Fakultät
dc.subjectbusiness cycleeng
dc.subjectEuropean business cycleeng
dc.subjectEuro areaeng
dc.subjectBry-Boschaneng
dc.subjectNBER methodologyeng
dc.subject.ddc330 Wirtschaft
dc.titleTowards a Monthly Business Cycle Chronology for the Euro Area
dc.typebook
dc.identifier.urnurn:nbn:de:kobv:11-10045435
dc.identifier.doihttp://dx.doi.org/10.18452/3889
local.edoc.container-titleSonderforschungsbereich 649: Ökonomisches Risiko
local.edoc.pages34
local.edoc.type-nameBuch
local.edoc.container-typeseries
local.edoc.container-type-nameSchriftenreihe
local.edoc.container-volume2005
local.edoc.container-issue23
local.edoc.container-year2005
local.edoc.container-erstkatid2195055-6

Show simple item record