Center for Research in Econometric Analysis of Time Series, CREATES (DNRF78), is a research unit at Aarhus University, hosted by the Department of Economics and Business Economics. Research is conducted within the general fields of time series and financial econometrics. The center is funded as a Center of Excellence by the Danish National Research Foundation via a DKK 80.2m (Euro 10.7m) grant on top of the funding from the host institution. The funding period covers a 10-year period 2007-2017. CREATES’ core group of members are affiliated with Aarhus University. A number of international research fellows (many of Danish origin), are associated with CREATES. The research at CREATES is characterized by interdisciplinary collaboration amongst economists, econometricians, and mathematical statisticians.