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The Euro Area Business Cycle Network (EABCN) aims to bring together researchers from Central Banks and other policy institutions with those in academia to help shape the European business cycle agenda.

Latest news

Andrew Scott to step down as Scientific Chair

Andrew Scott is to step down from his role as Scientific Chair in December 2010. The EABCN would like to thank him for his significant contribution to the Network.

The Network is looking to recruit a new Scientific Chair. Click here for the vacancy notice.

Important information for existing members

With the launch of the new EABCN website we ask the existing members to request new passwords here. If you are no longer able to access the email address from your original application, please email coordinator@eabcn.org for further instructions. 

Andrew Scott interviews two leading economists: Tom Sargent and Jordi Gali

Click here to listen to the inteviews and to download the transcripts.

13th Training School: "Baysian Inference in Macroeconomic Models" Brussels, 15 - 17 December 2010

The new EABCN Training School will be a three-day course on "Baysian Inferece in Macroecomic Models” taught by Professor Giorgio Primiceri. This training school will take place in Brussels from 15 to 17 December 2010.

  • Click here for the invitation.

Deadline: 15 October 2010

12th Training School: "Monetary-Fiscal Policy Interactions" Amsterdam, 14 - 16 September 2010

The new EABCN Training School will be a three-day course on "Monetary-Fiscal Policy Interactions” taught by Professor Eric M. Leeper. This training school will take place in Amsterdam from 14 to 16 September 2010.

  • Click here for the invitation.

The deadline for applications has passed.

Conference: 'Advances in Business Cycle Research - Directions since the Crises', Brussels, 13-14 December 2010

The Great Recession, which began in the US in December 2007, has thrown up a huge variety of new research threads, reopening old debates and challenging widely held preconceptions. Policy makers and academics have not been slow to respond to these challenges. Three years after the crisis began the aim of this conference is to perform an audit of what has been learnt and what needs to be studied. It will offer a broad perspective covering both theory and econometric practice and to create an event for policymakers to pose what they consider to be the as yet most important unanswered questions.

Deadline: 30 August 2010 

11th Training School: Tools for Nonlinear DSGE Models, Rome, 23 - 25 June 2010

This was a three-day course on "Tools for Nonlinear DSGE Models” taught by Professor Jesus Fernandez-Villaverde. This training school, hosted by Banca d'Italia, took place in Rome from 23 to 25 June 2010.

  • Click here for the invitation.

Real Time Data Base:  now publicly available on ECB SDW

We are happy to announce that now the database, available on this website since October 2005, is now publicly downloadable from the ECB Statistical Warehouse (SDW).

A detailed description of the database is contained in the CEPR/EABCN Working Paper "An Area Wide Real Time Data Base for the Euro Area" by Domenico Giannone, Jerome Henry, Magdalena Lalik and Michele Modugno. 

For more details click here.

Conference: 'International Business Cycle - Linkages, Differences and Implications', Budapest, 28-29 June 2010

Global imbalances are widely seen to have been a contributory cause to the recent financial crisis and subsequent recession. The recession saw a sharp fall in trade and greater than usual synchronised declines across nations. A financial crisis in the US produced a sharp recession in Europe. The importance of spillovers between Emerging and Western Europe became apparent. In turn recovery is taking shape in different ways across different countries. There is a growing belief that understanding world business cycles will require greater understanding of the business cycle in emerging markets as well as global interactions between countries.
 
The conference was hosted by Magyar Nemzeti Bank.

  • Click here to view the programme and papers.

Conference:  6th ECB Workshop on Forecasting Techniques: Forecasting, Real-time and Survey data. Frankfurt, 5 - 6 March 2010

The 6th ECB workshop on forcasting techniques, co-organised by EABCN, Deutsche Bundesbank and European Central Bank, took place in Frankfurt on 5-6 March 2010. Scientific committee: Matteo Ciccarelli (ECB), Siem Jan Koopman (Vrije Universiteit Amsterdam), Michele Lenza (ECB) and Christian Schumacher (Deutsche Bundesbank).

  • Click here to view the programe and papers.

10th Training School: "Learning and Expectation Formation" Hachenburg, 19 - 23 October 2009

The tenth EABCN Training School was a five-day course on Learning and Expectation Formation” taught by Professors Klaus Adams and Albert Marcet. This training school, hosted by Fachhochschule der Deutsche Bundesbank, took place in Hachenburg from 19 to 23 October 2009.

  • Click here for more details.

Conference: After the Crisis: a New Agenda for Business Cycle Research?

Given the depth of the current recession and the increasing use of unorthodox stabilisation policy the research agenda associated with the Great Moderation and the consensus it produced is increasingly coming under question. This conference aimed to consider whether such questioning is necessary and across a range of topics, examine the issues and methods that may begin to emerge amongst academics and policymakers.
 
The conference was held in Amsterdam on 21-22 September 2009.
  • Click here for the Programme and Papers
  • Click here to listen to the Panel Discussion.