Output fluctuations in the G-7: an unobserved components approach

This paper proposes a multivariate unobserved-components model to simultaneously decompose the real GDP for each of the G-7 countries into its respective trend and cycle components. In contrast to previous literature, our model allows for explicit correlation between all the contemporaneous trend an...

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Bibliographic Details

Main Authors:	Sinchan Mitra, Tara M Sinclair
Format:	Default Article
Published:	2011
Subjects:	Applied economics Econometrics Economic theory Trend-Cycle Decompositions Business Cycles Correlations Real GDP
Online Access:	https://hdl.handle.net/2134/21944558.v1
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