European business cycle dating committee

Published: 04.05.2017

Themes in NBER Research Africa Charter Schools Childhood Interventions China's Economy Commodity Prices Developments in the European Economy Energy Entrepreneurship Immigration and Innovation Inequality International Capital Flows Productivity and Growth Taxation Close.

Some of the considerations underlying the Committee's decision are the following:

The CEPR Euro Area Business Cycle Dating Committee, which is composed of nine CEPR researchers, establishes the chronology of recessions and expansions of the eleven original euro-area member countries plus Greece for 1970-1998, and of the euro area as a whole from 1999 onwards.

The current members of the Business Cycle Dating Committee are: Productivity, Innovation, and Entrepreneurship. Special Interests and the Sale of Failed Banks Deniz Igan , Thomas Lambert , Wolf Wagner , Quxian Zhang. Similarly, during an expansion, economic activity rises substantially, spreads across the economy, and usually lasts for several years. The Table below shows the business cycles we have identified for our initial analysis. CAMBRIDGE September 20, - The Business Cycle Dating Committee of the National Bureau of Economic Research met yesterday by conference call.

Some media reports on NBER BCDC decisions regarding the dating of the recession:

Inflexibility and Stock Returns Lifeng Gu , Dirk Hackbarth , Tim Johnson. Chicago Press , The Committee applies its judgment based on the above definitions of recessions and expansions and has no fixed rule to determine whether a contraction is only a short interruption of an expansion, or an expansion is only a short interruption of a contraction.

Data Boston Census Research Data Center BRDC.

The Rise and Fall of American Growth

Leave a Reply Cancel reply Enter your comment here Denis Healy, Director of Development NBER Massachusetts Avenue Cambridge, MA ph: We use cookies to give you the best possible experience on ResearchGate.

The committee noted that in the most recent data, for the second quarter of , the average of real GDP and real GDI was 3. The recession lasted 18 months, which makes it the longest of any recession since World War II.

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