2021
DOI: 10.46977/apjmt.2021v01i03.002
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Cyclical and seasonal patterns of India’s GDP growth rate through the eyes of Hamilton and Hodrick Prescott Filter models

Abstract: The paper endeavours to analyse the cyclical fluctuation, seasonal movement and trends of Indian GDP growth rate by applying both Hodrick-Prescott filter and Hamilton filter models taking St.Louisfred quarterly data from 2011Q4 to 2019Q4.The paper concludes that the seasonal adjustment and actual GDP growth rate of India have been merged with each other and they are identical in both the models. But the cyclical trend in H.P.Fi… Show more

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Cited by 2 publications
(2 citation statements)
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“…This procedure involves projecting y t onto the space of d-step-ahead and d-step-behind linear predictions, where d is a bandwidth parameter that should be selected in advance [62]. The CFRW filter is a linear projection:…”
Section: Christiano-fitzgerald Random Walk Filtermentioning
confidence: 99%
“…This procedure involves projecting y t onto the space of d-step-ahead and d-step-behind linear predictions, where d is a bandwidth parameter that should be selected in advance [62]. The CFRW filter is a linear projection:…”
Section: Christiano-fitzgerald Random Walk Filtermentioning
confidence: 99%
“…These trends are based on frequency of these topics over time. Afterward, we generate the trend lines using the Hodrick Prescott filter [51].…”
Section: Topic Visualizationmentioning
confidence: 99%