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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w5022 |
来源ID | Working Paper 5022 |
Measuring Business Cycles Approximate Band-Pass Filters for Economic Time Series | |
Marianne Baxter; Robert G. King | |
发表日期 | 1995-02-01 |
出版年 | 1995 |
语种 | 英语 |
摘要 | This paper develops a set of approximate band-pass filters designed for use in a wide range of economic applications. In particular, we design and implement a specific band-pass filter which isolates business-cycle fluctuations in macroeconomic time series. This filter was designed to isolate fluctuations in the data which persist for periods of two through eight years. This filter also 'detrends' the data, in the sense that it will render stationary time series that are integrated of order two or less, or that contain deterministic time trends. We apply our filter to several of the key macroeconomic time series, and describe the picture of the U.S. postwar business cycle that emerges from our analysis. We also provide detailed comparisons with several alternative detrending methods. |
主题 | Econometrics ; Data Collection ; Macroeconomics ; Macroeconomic Models |
URL | https://www.nber.org/papers/w5022 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/562451 |
推荐引用方式 GB/T 7714 | Marianne Baxter,Robert G. King. Measuring Business Cycles Approximate Band-Pass Filters for Economic Time Series. 1995. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w5022.pdf(692KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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