A useful tool to identify recessions in the euro-area
This paper investigates the identification and dating of the European business cycle, using different methods. We concentrate on methods and statistical series that provides timely and accurate information about the contemporaneous state of the economy in order to provide the reader with a useful tool that allows him or her to analyze current business conditions and make predictions about the future state of the economy. In this spirit, we find that the European Commission industrial confidence indicator (ICI) is useful in providing that information.
|Date of creation:||Nov 2004|
|Date of revision:|
|Contact details of provider:|| Web page: http://www.bde.es/|
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:bde:wpaper:0419. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (María Beiro. Electronic Dissemination of Information Unit. Research Department. Banco de España)
If references are entirely missing, you can add them using this form.