Intuitive mathematical economics series: Linear algebra techniques to measure business cycles

Linear algebra is without a doubt a fundamental tool to deal with empirical economic problems. The goal of this paper is to use some of these techniques to treat business cycles. To do that, we present the classic ordinary least square approach to estime the coefficients of a detrended time series in addition to the matrix form of the Hodrick-Prescott (HP) filter. This is a paper is part of "Intuitive Mathematical Economic Series".

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Year of publication:	2021
Authors:	Marinozzi, Tomás ; Nallar, Leandro ; Pernice, Sergio A.
Publisher:	Buenos Aires : Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA)
Subject:	Linear Algebra \| business cycles \| trend

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Series:	Serie Documentos de Trabajo ; 802
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	1766719031 [GVK] hdl:10419/248616 [Handle] RePEc:cem:doctra:802 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10012793797