Summary
In this paper a postwar business cycle chronology is established for the Netherlands. This chronology is based on 19 Dutch economic indicators. As a first step a deviation cycle is determined for each indicator. Next a reference cycle is dated, using the diffusion index method. Measured from trough to trough, the average length of 6 Dutch postwar business cycles has been 53 months, with the expansion phase averaging 29 months, and the contraction phase averaging 24 months.
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This paper is a completely revised version of Report R/77/27 of the Graduate School of Management (same titel, but covering the period 1948–1975; co-author P. N. Verpoorte).
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van Duijn, J.J. Dating postwar business cycles in The Netherlands, 1948–1976. De Economist 126, 474–504 (1978). https://doi.org/10.1007/BF01849811
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DOI: https://doi.org/10.1007/BF01849811