CORDIS Project
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This project employs advanced spectral analysis techniques to study business cycles and their interdependencies in the Eurozone. It aims to enhance understanding of economic dynamics and improve forecasting models for better policy-making and crisis management.
Business cycles (BCs) have always attracted considerable attention by policymakers, practitioners & politicians for monitoring current economic conditions & predicting future trends.
Recent works present mixed evidence about BC co-movement in the EU & globally depending on the period, data frequency & methodology employed. A flurry of interest in econometric modelling based on spectral methods is observed mostly during the last decade.
Until recently multiscale spectral analysis (MSA) represente…
ATHENS UNIVERSITY OF ECONOMICS AND BUSINESS - RESEARCH CENTER
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