Latest News 

The CEPR-EABCN Euro Area Business Cycle Dating Committee declared that the euro area expansion that had started in 2013Q2 has reached its peak in 2019Q4. The euro area entered recession in 2020Q1. Details are available in the news section of the Dating Committee section of the website

The CEPR-EABCN Euro Area Business Cycle Dating Committee met electronically on 16 April 2020 to prepare its spring statement on the state of euro area economic activity in the midst of the Covid-19 crisis. Details are available in the news section of the Dating Committee section of the website

The CEPR and EABCN have partnered to jointly support and expand the activities of the Euro Area Business Cycle Dating Committee (EABCDC). The Committee will pursue its dating of the troughs and peaks of euro area business cycles but it will also launch a series of research initiatives destined to monitor and better understand aggregate economic developments in the euro area.

For more information follow this link.

Upcoming Events

Training School
14/06/2021 to 25/06/2021
University of Mannheim (Online)

Professor Johannes Stroebel (NYU Stern School of Business) will teach an online training school on "Beliefs and Social Network" with teaching segments on June 14-17th and practice session on June 25th.

More details will follow soon.

Deadline: April 30, 2021

Recent Events

26/10/2020 to 28/10/2020
Banque de France

The conference will cover a broad range of themes related to empirical aspects of monetary policy. 
Simon Gilchrist (New York University), Ricardo Reis (London School of Economics and CEPR) and Stephanie Schmitt-Grohe (Columbia University and CEPR) are confirmed invited speakers. 

For more information please consult the conference webpage

January 31, 2020
Training School
30/09/2020 to 02/10/2020
Zoom Meeting

Jesús Fernández-Villaverde (University of Pennsylvania) and Galo Nuño (Bank of Spain) will be the instructors of this course which will introduce the main tools, as well as recent advances, in continuous-time methods in macroeconomics, with a focus on their application to Heterogeneous Agent models.

September 18, 2020
Training School
03/06/2020 to 05/06/2020
Bank of Italy


The course introduces participants to a variety of advanced topics and recent developments in economic forecasting. Professors Graham Elliott and Allan Timmermann will teach the course.

January 31, 2020
Training School
04/05/2020 to 05/05/2020
Online Course

We are pleased to announce details of the latest EABCN Training School; a two-day course entitled “Fiscal Policy: Estimating Causal Evidence and Positive Theory”. Professor Morten Ravn will teach the course. It is primarily aimed at participants in the Euro Area Business Cycle Network but applications will also be considered from doctoral students, post-doctoral researchers and economists working in central banks and government institutions outside of the network, as well as commercial organisations (fees are applicable for non-network non-academic organisations).

Note that due the global COVID-19 outbreak this course will be held online.

January 03, 2020
EUI - Florence

The Euro Area Business Cycle Dating Committee is organizing a conference on potential output and output gap measurement. The workshop is calling for papers that can shed light on how theoretical and statistical concepts of potential output and the output gap relate and how to measure them in practice.

Programme of the conference:

December 01, 2019
26/03/2020 to 27/03/2020
European Central Bank (ECB) in Frankfurt


Ensuring resilience - role and limitations of monetary policy

The 11th conference organised by the International Research Forum on Monetary Policy (IRFMP) will be held at the European Central Bank (ECB) in Frankfurt on 26 and 27 March 2020. The purpose of the IRFMP is to promote the discussion of innovative research on theoretical and empirical macroeconomic issues with relevance for monetary policy.


December 01, 2019