returns. This paper proposes to stand up to the usual problem of persistent regressor bias, by detrending the highly auto … are adjusted for high persistence. …

framework, we analyze the consequences of the widely used detrending technique popularized by Hodrick and Prescott (1980). It is … shown that mechanical detrending based on the Hodrick-Prescott fitter can lead investigators to report spurious cyclical …

coefficient. We also compare the persistence of shocks to the conditional mean relative to the observed variable using mea sures … of total and iterim persistence of shocks for stationary processes based on the impulse response function. We apply our …

; (iv) newer generation Phillips curve models with several timevarying features are a promising avenue for forecasting …

; (iv) newer generation Phillips curve models with several timevarying features are a promising avenue for forecasting …

This study aims to analyze the effects of data pre-processing on the performance of forecasting based on neural network … demand to Catalonia (Spain) and compare the forecasting accuracy of four processing methods for the input vector of the … networks: levels, growth rates, seasonally adjusted levels and seasonally adjusted growth rates. When comparing the forecasting …

This study aims to analyze the effects of data pre-processing on the performance of forecasting based on neural network … demand to Catalonia (Spain) and compare the forecasting accuracy of four processing methods for the input vector of the … networks: levels, growth rates, seasonally adjusted levels and seasonally adjusted growth rates. When comparing the forecasting …