TY - JOUR U1 - Zeitschriftenartikel, wissenschaftlich - begutachtet (reviewed) A1 - Gehringer, Agnieszka A1 - Mayer, Thomas T1 - Measuring the Business Cycle Chronology with a Novel Business Cycle Indicator for Germany JF - Journal of Business Cycle Research N2 - This paper introduces a Business Cycle Indicator to compile a transparent and reliable chronology of past business cycle turning points for Germany. The Indicator is derived applying the statistical method of Principal Component Analysis, based on information from 20 economic time series. In this way, the Business Cycle Indicator grasps the development of the broader economic activity and has several advantages over a business cycle assessment based on quarterly series of Gross Domestic Product. KW - Rezession KW - Business Cycle Dating KW - Recession KW - Principal Component Analysis KW - German Economy KW - C14 KW - C82 KW - E32 KW - E65 Y1 - 2021 UN - https://nbn-resolving.org/urn:nbn:de:hbz:832-epub4-21254 SN - 2509-7962 SS - 2509-7962 SN - 2509-7970 SS - 2509-7970 U6 - https://doi.org/10.1007/s41549-021-00054-6 DO - https://doi.org/10.1007/s41549-021-00054-6 VL - 17 IS - 1 SP - 71 EP - 89 S1 - 19 PB - Springer International Publishing ER -