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Definitions and characteristics of soft patches in the euro area

Author

Listed:
  • Duma, Mattia
  • Forsells, Magnus
  • Kennedy, Neale

Abstract

This box looks at periods of slowdowns during a number of euro area expansionary phases – so-called soft patches – and assesses whether these contain any information with regard to forthcoming business cycle peaks and possible subsequent recessions. JEL Classification: E32, E66

Suggested Citation

  • Duma, Mattia & Forsells, Magnus & Kennedy, Neale, 2019. "Definitions and characteristics of soft patches in the euro area," Economic Bulletin Boxes, European Central Bank, vol. 4.
    • Handle: RePEc:ecb:ecbbox:2019:0004:3
    Note: 339042
    as

    Download full text from publisher

    File URL: https://www.ecb.europa.eu//pub/economic-bulletin/focus/2019/html/ecb.ebbox201904_03~64c6a9adbc.en.html
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    Citations

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    Cited by:

    1. Byrne, David & Parle, Conor, 2019. "Euro Area Slowdown - a Country-Sector Analysis," Quarterly Bulletin Articles, Central Bank of Ireland, pages 149-163, July.

    More about this item

    Keywords

    business cycles; Growth; soft patches;
    All these keywords.

    JEL classification:

    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions

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