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Unformatted text preview: 4. Real Net Exports. In matlab, 1. Plot the raw data. 2. Consider three filters to detrend the data: a. First difference (F-D) logged series (this creates quarterly growth rates of output, consumption, etc.) b. Extract a linear trend (L-T) on the logged series (just run a regression with a time trend in it). c. Use the Hodrick-Prescott (H-P) filter (provided on my website) on the logged data. 3. Plot the trends implied by each filter against the trend implied by the H-P filter. 4. Plot the detrended data. 5. What is the average components share in real GDP? 6. Find standard deviations and cross correlations (at both leads and lags) of all types of filtered data. 7. Are there appreciable differences in the results using the different filters? 1...
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This note was uploaded on 08/06/2008 for the course ECON 387 taught by Professor Corbae during the Spring '07 term at University of Texas at Austin.
- Spring '07