Cepr euro area business cycle dating committee
He is the co-editor of the Cooley-Rupert US and Jean-Pierre Danthine earned a Master’s Degree in Economics at the Université Catholique de Louvain (Belgium) and a Ph D in Economics at the Carnegie Mellon University in Pittsburgh, Pennsylvania.
From 1980 to 2009, he was Professor of Macroeconomics and Finance at the University of Lausanne, Switzerland.
This work can be transformed into a cybernetic model of the business cycle and, most of all it can offer solutions regarding the propagation of the crisis.
The Steering Committee has appointed an Advisory Committee of independent and experienced experts to provide an external monitoring role and periodic advice to the ADEMU Consortium.
Annual growth rates for GDP and trade were filtered using the Hodrick-Prescott method and the results were correlated through the Pearson approach to obtain the degree of similarity between countries with respect to their economic fluctuations.
The results highlight a stronger degree of synchronization during recessions, while in time of economic expansion there are 2 well-defined macro cycles corresponding to each continent: Europe, North America and the emergent Asian cycle.
In the new global framework, the concept of business cycle synchronization has become a central research issue, in order to better explain the interdependencies, co-movements and exceptional behaviors among the national economies.
He has also served as an expert for the Spanish justice, at the Spanish Court of Arbitration, and at international courts of arbitration in Paris, Geneva, New York and the Netherlands. Cooley is the Paganelli-Bull Professor of Economics at the Leonard N.
He has published widely, in both professional journals and more popular media, on European unemployment, on European Monetary Union, and on macroeconomics generally.
He has served on the boards of several academic journals, and was Managing Editor of the (1986-90). and a master degree in economics from Harvard University.
Before joining Stern, he was a Professor of Economics at the University of Rochester, University of Pennsylvania, and UC Santa Barbara.
Prior to his academic career, he was a systems engineer for IBM Corporation.