Dynamic Economic Decision Making

Dynamic Economic Decision Making

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JWBT515-bapp JWBT515-Silvia May 25, 2011 8:42 Printer: Courier Westford Appendix: The Hodrick-Prescott Filter 363 component (gt) should ... One key advantage (along with many others) of the HP filter, is that once we estimate the gt and ct, we can see, at any point of time, ... In fact, long slowdowns in employment and demand growth have occurred repeatedly in recent times even while output andanbsp;...

Title:Dynamic Economic Decision Making
Author:John Silvia
Publisher:John Wiley & Sons - 2011-06-24


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