Bedoya, Fredy Vásquez; Ochoa, Sergio Restrepo - In: Lecturas de Economía (2009) 71, pp. 43-76
This work uses the Hodrick and Prescott filter (HP), the Band-Pass filter (BP), and a theoretical decomposition (TD), to show how the cyclical regularities characterized by the model of exogenous growth of King, Plosser and Rebelo (1988) depend on the filter technique used. This article exhibits...