Hodrick–Prescott filter
id:
hodrick-prescott-filter-320-11388144
title:
Hodrick–Prescott filter
text:
The Hodrick–Prescott filter is a mathematical tool used in macroeconomics, especially in real business cycle theory, to remove the cyclical component of a time series from raw data. It is used to obtain a smoothed-curve representation of a time series, one that is more sensitive to long-term than to short-term fluctuations. The adjustment of the sensitivity of the trend to short-term fluctuations is achieved by modifying a multiplier λ . The filter was popularized in the field of economics in th
brand slug:
wiki
category slug:
encyclopedia
description:
Mathematical tool used in macroeconomics
original url:
https://en.wikipedia.org/wiki/Hodrick%E2%80%93Prescott_filter
date created:
date modified:
2024-03-23T12:30:45Z
main entity:
{"identifier":"Q455204","url":"https://www.wikidata.org/entity/Q455204"}
image:
fields total:
13
integrity:
14