Search Results - subject:"Trend/Cycle Decomposition"

Real wages and the business cycle in Germany

Marczak, Martyna; Beissinger, Thomas - Forschungszentrum Innovation und Dienstleistung, … - 2010

This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany. As detrending methods we apply the deterministic trend model, the Beveridge-Nelson decomposition, the Hodrick-Prescott filter, the Baxter-King filter and the structural time...

Persistent link: https://www.econbiz.de/10008695026

Evidence on Common Features and Business Cycle Synchronization in Mercosur

Gutierrez, Carlos Enrique Carrasco; Gomes, Fábio … - Fundação Instituto Capixaba de Pesquisas em … - 2009

degree of synchronization. The econometric model uses the Beveridge-Nelson-Stock-Watson multivariate trend-cycle … decomposition, taking into account the presence of common features such as common trend and common cycle. Once the business cycles …

Persistent link: https://www.econbiz.de/10010843540

Decomposing household, professional and market forecasts on inflation : a dynamic factor model analysis

Palardy, Joseph; Ovaska, Tomi - In: Applied economics 47 (2015) 19/21, pp. 2092-2101

Persistent link: https://www.econbiz.de/10010513341

The multivariate Beveridge-Nelson decomposition with I (1) and I (2) series

Mursawa, Yasumoto - In: Economics letters 137 (2015), pp. 157-162

Persistent link: https://www.econbiz.de/10011436356

Cyclicality of real wages in the USA and Germany : new insights from wavelet analysis

Marczak, Martyna; Gómez, Víctor - In: Economic modelling 47 (2015), pp. 40-52

Persistent link: https://www.econbiz.de/10011437805

Trend in cycle or cycle in trend? : new structural identifications for unobserved-components models of U.S. real GDP

Dungey, Mardi H.; Jacobs, Jan; Tian, Jing; Van Norden, Simon - In: Macroeconomic dynamics 19 (2015) 4, pp. 776-790

Persistent link: https://www.econbiz.de/10011309209

Trend-cycle decomposition allowing for multiple smooth structural changes in the trend of US real GDP

Enders, Walter; Li, Jing - In: Journal of macroeconomics 44 (2015), pp. 71-81

Persistent link: https://www.econbiz.de/10011570290

Identification of new Keynesian Phillips Curves from a global perspective

Dees, Stephane; Pesaran, Mohammad Hashem; Smith, L. Vanessa - 2008

New Keynesian Phillips Curves (NKPC) have been extensively used in the analysis of monetary policy, but yet there are a number of issues of concern about how they are estimated and then related to the underlying macroeconomic theory. The first is whether such equations are identified. To check...

Persistent link: https://www.econbiz.de/10010276218

Identification of New Keynesian Phillips Curves from a global perspective

Dees, Stephane; Pesaran, Mohammad Hashem; Smith, L. Vanessa - 2008

Persistent link: https://www.econbiz.de/10010276262

The Effect of the Great Moderation on the U.S. Business Cycle in a Time-varying Multivariate Trend-cycle Model

Creal, Drew; Koopman, Siem Jan; Zivot, Eric - 2008

macroeconomic time series. The coincident economic indicator is based on a multivariate trend-cycle decomposition model that …

Persistent link: https://www.econbiz.de/10010325871