Mönch, Emanuel; Uhlig, Harald - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2003
This paper is an exercise in dating the Euro area business cycle on a monthly basis. Using a quite flexible interpolation routine, we construct several monthly series of Euro area real GDP, and then apply the Bry-Boschan (1971) procedure. To account for the asymmetry in growth regimes and...