We are pleased to announce the latest EABCN Training School; a three-day course entitled “Difference-in-Differences and Event Study Estimators with Panel Data” taught by Professor Jeffrey Wooldridge (Michigan State University).
Latest News
The CEPR-EABCN Euro Area Business Cycle Dating Committee deliberated on 13 March 2024 to assess the state of euro area economic activity, relying on data through the fourth quarter of 2023. GDP growth was a whisper below zero in the last two quarters of 2023.
The committee, using a broad array of information, including its output gap measures, does not label the current period as a recession. The overall pattern of stagnation persists, with limited movement across sectors or components of domestic final expenditure. The output stagnation is taking place amid continued growth in employment, which has nudged the unemployment rate lower from an already historically low level. Given the evolution of output and employment, labour productivity moved further along its negative trajectory in 2023.
Overall
For more information, please visit the Dating committee section on the website.