Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061870 | Economics Letters | 2008 | 5 Pages |
Abstract
Multiresolution wavelet analysis is a natural way to decompose an economic time series into trend, cycle, and noise. The method is illustrated with GDP data. The business-cycle component of the wavelet-filtered series closely resembles the series filtered by the approximate bandpass filter.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Motohiro Yogo,