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...
manufacturing as well,
primarily due to the fall in the manufacture of fabricated metal...by capital goods (notably machinery specialised for particular
industries and...
signals we use in each
country-year observation are as follows, where zit is the HP...with information
on the maximum degree of price elevation (the deviation from...
discussed in the Annex, this methodology, which estimates the output gap by an HP-filtered...sophisticated production function methodology, while for the CEE-8 we used the...
Svi statistički podaci temelje se na podacima u logu (osim
za neto izvoz), HP-filtriranima...Svi statistički podaci temelje se na
podacima u logu (osim za neto izvoz),...
HP filter as a proxy for long term values is suggested in literature....target balance specifications were tried: TB of -7% of GDP, TB of 0% of GDP and...
