fails to �nd a signi�cant relationship between domestic activity (measured by the HP...Croatia
Table 1: OLS estimates of the Phillips Curve
Variable Gap (PF) Gap...
only two obvious outliers: the iron and
steel industry, and the processing of non-metal...8 9
Shipbuilding
Machine building
Leather footwear
Textile fibre & fabric...
Furthermore, manufacture of fabricated metal products, and manufacture of ma-
chinery...mineral products
4 113.5 34.8 68.1 7.6 64 –70.2
28 Manufacture of fabricated...
specified in item 2. of Annex II; and
3
– the combinations of diameter and metal...Ranges referred to in item IV(2)(c), second indent:
Diameter
(mm) ...
Let Fx(x) denote the marginal distribution of
(Xt) and for a horizon hp let )(|....thptt XX ψ++ ++ denote the predictive distribution of the return
over the next...
Three of the
reasons, ”(1) HP introduces spurious dynamic relations that have no...Table 3: Estimated Coefficients from Estimation using the dependant variable of...
redefined as the standard deviation of GDP growth around the Hodrick-Prescott (HP...Dependent
variable
%Δ GDP growth volatility %Δ GDP growth volatility
around...
