Estimation of the Business Cycles - Selected Methodological Problems of the Hodrick-Prescott Filter Application

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F09%3A00145917" target="_blank" >RIV/62156489:43110/09:00145917 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Estimation of the Business Cycles - Selected Methodological Problems of the Hodrick-Prescott Filter Application

Original language description

The aim of this article is to highlight a number of problems due to a rather "mechanical" application of the Hodrick-Prescott Filter and its possible implication for the monetary policy decision-making process. The author concludes that HP filter is notable to estimate the potential output, however it could be used as the efficient tool in monetary policy decision making process and its stabilizing function.

Czech name

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Czech description

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Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

Z - Vyzkumny zamer (s odkazem do CEZ)

Publication year

2009

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Polish Journal of Environmental Studies

ISSN

1230-1485

e-ISSN

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Volume of the periodical

V

Issue of the periodical within the volume

6

Country of publishing house

PL - POLAND

Number of pages

1

Pages from-to

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UT code for WoS article

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EID of the result in the Scopus database

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