Darvas, Zsolt; Vadas, Gabor - Matematikai Közgazdaságtan és Gazdaságelemzés, … - 2005
Decomposing output into trend and cyclical components is an uncertain exercise and depends on the method applied. It is an especially dubious task for countries undergoing large structural changes, such as transition countries. Despite their deficiencies, however, univariate detrending methods...
