Ahamada, Ibrahim; Jolivaldt, Philippe - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2010
In this article, we compare the performance of Hodrickk-Prescott and Baxter-King filters with a method of filtering based on the multi-resolution properties of wavelets. We show that overall the three methods remain comparable if the theoretical cyclical component is defined in the usual...