Mönch, Emanuel; Uhlig, Harald - In: Journal of Business Cycle Measurement and Analysis 2005 (2005) 1, pp. 43-69
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 … extended procedure to US and Euro area data, we are able to replicate approximately the dating decisions of the National Bureau …