Browsing Working Papers by Subject "unobserved - components models"
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Estimating output gap for the Indian economy: comparing results from unobserved - components models and the Hodrick - Prescott filter
(2010-03-31)Output gap estimates are constructed for India using unobserved components model (UCM) approach on the lines of Watson (1986) and Kuttner (1994). Results from UCMs are not found to be any less sensitive to data revisions ...