Hadizadeh, Arash; Samimi, Ahmad Jafari; Elmi, Zahra Mila - In: Iranian Economic Review 18 (2013) 1, pp. 157-177
This paper estimates the long-term trend of seasonal real GDP in Iran, using a new econometric technique called Adaptive Least Squares (ALS). ALS is a special case of Kalman Filter that allows a time-varying parameter model to be estimated relatively easy. The estimated trend is used to proxy...
