Euro Area Business Cycle Dating Committee of
the Centre for Economic Policy Research

CEPR has formed an eight member committee to set the dates of the euro area business cycle. Its mission is to establish the chronology of recessions and expansions of the 11 original euro area member countries for 1970-1998 and of the current euro area as a whole since 1999. 

Read the Committee's findings [PDF - 1MB]

Committee Members:

Michael Artis (European University Institute, Florence)
Fabio Canova (University of Pompeu Fabra, Barcelona)
Jordi Galí (CREI and Pompeu Fabra University, Barcelona)
Francesco Giavazzi (Bocconi University Milan)
Richard Portes (President, CEPR)
Lucrezia Reichlin (ECARES, Free University of Brussels) – Committee Chair 
Harald Uhlig (Humboldt University, Berlin) 
Philippe Weil (ECARES, Free University of Brussels)
more...

Read the Press Release in:

English

French

German