Definitions and characteristics of soft patches in the euro area

Mattia Duma, Magnus Forsells and Neale Kennedy

Economic Bulletin Boxes, 2019, vol. 4

Abstract: This box looks at periods of slowdowns during a number of euro area expansionary phases – so-called soft patches – and assesses whether these contain any information with regard to forthcoming business cycle peaks and possible subsequent recessions. JEL Classification: E32, E66

Keywords: business cycles; Growth; soft patches (search for similar items in EconPapers)
Date: 2019-06
Note: 339042
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbbox:2019:0004:3

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