Ekinci, Mehmet Fatih; Kabas, Gazi; Sunel, Enes - In: Central Bank Review 13 (2013) 3, pp. 61-71
Estimating a robust and stable trend is an important challenge for policy analysis. In this paper, we compare alternative approaches by estimating the cyclical component of the real exchange rate series of Turkey. Comparison criterion is the sensitivity of the estimated cycle to additional data...