Japan’s output gap estimation and l1 trend filtering
Japan’s output gap estimation and l1 trend filtering
复制标题
日本的产出缺口估算和l1趋势过滤
DOI：
10.1007/s00181-012-0625-x
复制
发表时间：
2013
影响因子：
3.2
通讯作者：
Lan Jin
中科院分区：
文献类型：
--
作者：
Hiroshi Yamada;Lan Jin
本文使用最新开发的Hodrick-Prescott（HP）滤波器的替代方法--趋势滤波器来估计日本的产出缺口。这种新的过滤器提供了一条分段线性趋势线，这意味着它可能比HP过滤器提供更好的产出缺口估计，适用于日本等经历了一些结构性断裂的经济体。
This paper estimates Japan’s output gap using the recently developedℓ1trend filter, which is an alternative to the popular Hodrick–Prescott (HP) filter. This new filter provides a piecewise linear trend line, which means it possibly provides better output gap estimates than the HP filter does for an economy such as Japan that has experienced some structural breaks.