Dating Historical Business Cycles, 1700-2000

The project will seek to answer two main questions:

1. When were the historic peaks and troughs in economic activity? As it stands, there is no reliable or consistent long-run chronology available. A chronology of record will be a valuable resource to academics, journalists, policymakers and the wider public.
2. How has the duration and amplitude of the business cycle changed over time? Without a reliable chronology, it is difficult to establish how the cycle has evolved. The new chronology will allow us to determine whether the economy has grown more or less stable.

Duration: July 2018 to June 2019