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The euro area business cycle and its drivers


The euro area business cycle and its drivers - European Central Bank

This report contributes to the analysis of business cycles in the euro area in three dimensions. First, in terms of business cycle dating, it proposes automated ...

The Euro Area Business Cycle and its Drivers

First, in terms of business cycle dating, it proposes automated procedures to characterise the business cycle situation of the euro area and its ...

(PDF) Business Cycles in the Euro Area - ResearchGate

... It shows that business cycles in the EU and its member states can be synchronised. According to, [10] , the GDP growth of EMU ...

The euro area business cycle and its drivers - EU Agenda

The euro area business cycle and its drivers · The monitoring and analysis of the business cycle is a central element of inputs to monetary policy decision- ...

The Euro Area Business Cycle and its Drivers | Request PDF

This paper develops a dynamic factor model that uses euro area (EA) country-specific information on output and inflation to estimate an area- ...

Financial drivers of the euro area business cycle: a DSGE-based ...

Downloadable! We estimate a modified version of the “Financial Business Cycles” model originally developed by Iacoviello (2015) in order to investigate the ...

Financial drivers of the euro area business cycle: A DSGE-based ...

EconStor is a publication server for scholarly economic literature, provided as a non-commercial public service by the ZBW.

Financial Drivers of the Euro Area Business Cycle: A Dsge-Based ...

We estimate a modified version of the “Financial Business Cycles” model originally developed by Iacoviello (2015) in order to investigate the ...

Dating Business Cycles|EABCN

The Euro Area Business Cycle Dating Committee (EABCDC) was founded in 2003 by CEPR under the initiative of Lucrezia Reichlin to establish the chronology of ...

Financial drivers of the euro area business cycle: A DSGE - EconStor

The model has at its core default shocks on private loans, which redistribute wealth away from banks and are then transmitted to the real sector via a credit ...

Business Cycles in the New EU Member Countries and their ...

stock cycle is a driver for the business cycle). ... Finally, Hungary, followed by Poland and Slovenia, show the highest correlations with the euro area and its ...

Examining the drivers of business cycle divergence between Euro ...

This research aims to provide an explanatory analyses of the business cycles divergence between Euro Area and Romania, respectively its drivers, since the ...

Examining the drivers of business cycle divergence between Euro ...

Abstract:This research aims to provide an explanatory analyses of the business cycles divergence between Euro Area and Romania, ...

Coherence of the business cycles of prospective members of the ...

The European Union (EU) comprises several Member States, including Bulgaria, the Czech Republic, Denmark, Hungary, Poland, Romania, and Sweden, ...

Dating the euro area business cycle - Temi di discussione

The committee considers the euro area as including the original eleven member countries for the period ranging from 1970 to 1999 and in its changing composition ...

A Real Time Coincident Indicator of the Euro Area Business Cycle

Citation and use of such a paper should take account of its provisional character. Copyright: Filippo Altissimo, Antonio Bassanetti, Riccardo Cristadoro, Mario ...

Deep recessions, slowing productivity and missing (dis-)inflation in ...

By means of this model, we analyze the main drivers of economic fluctuations in the euro area under endogenous growth dynamics, with a special focus on the role ...

Examining the drivers of business cycle divergence between Euro ...

This research aims to provide an explanatory analyses of the business cycles divergence between Euro Area and Romania, respectively its ...

Inflation and Output Comovement in the Euro Area

Under the. Phillips correlation hypothesis, the business cycle dynamics of output, i.e. excess demand or the output gap, is supposed to be a major driver of ...

The latest findings of the CEPR-EABCN Euro Area Business Cycle ...

The CEPR-EABCN Euro Area Business Cycle Dating Committee deliberated on 30 June 2023 to assess the state of euro area economic activity.