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|Title:||Detrending Singapore’s GDP : Beveridge–Nelson approaches.||Authors:||Han, Lu.
|Keywords:||DRNTU::Social sciences::Economic theory||Issue Date:||2010||Abstract:||This project examines the business cycles of Singapore spanning 31 years from 1978 to 2008 using three detrending techniques: the Hodrick-Prescott (HP) filter, Beveridge-Nelson (BN) and multivariate BN decompositions. We compare and contrast the business cycles obtained from these different methods. Applying the HP filter as a benchmark, the results show that the multivariate BN decomposition is better suited to study Singapore business cycles, compared to the univariate BN decomposition.||URI:||http://hdl.handle.net/10356/35265||Rights:||Nanyang Technological University||Fulltext Permission:||restricted||Fulltext Availability:||With Fulltext|
|Appears in Collections:||HSS Student Reports (FYP/IA/PA/PI)|
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