Rubilar-González, Marco; Pino, Gabriel - In: SERIEs - Journal of the Spanish Economic Association 9 (2018) 2, pp. 141-161
By using the Economic Sentiment Indicator and Autoregressive Markov Switching models, this paper provides an effective tool to identify and characterize expectations of business cycle phases for Germany, Spain, the Euro Area, and the European Union. This information is useful for policy makers...
