Eurozone Divergence Monitor

This repository contains the code and data for the working paper:
Bugdalle, T., Pfeifer, M. (2025). “Warpings in time: Business and financial cycle synchronization in the euro area.”. SSRN preprint.

It provides scripts for measuring, analyzing, and visualizing the degree of business and financial cycle synchronization across euro area member states.

Website: Eurozone Divergence Monitor

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Repository Structure

• Data_final/
  Includes precomputed data files required for the analysis.

• Scripts_Final/
  Contains the final scripts and notebooks.

  • Master_File_Cycles_29102024.ipynb: notebook for cycle measurement. It constructs the business and financial cycle indices using the specified data and methods.
  • Master_File_DTW.ipynb: notebook for distance measurement.

• streamlit_app.py
  A Streamlit application that provides the basis for the website implementation.