An Application of Direct Filter Approach: New Economic Indicators for Latvia
2011
Ginters Bušs

The paper overviews the latest development trends in direct filter approach (DFA) and applies DFA to construct three prototypical real-time zero-lag indicators for Latvian economy. The essence of DFA is to separately control for amplitude and phase shift errors. Such a filtering approach has never been implemented for Latvian data, and the resulting indicators show nice real-time properties. A particular application is construction of a light zero-lag monthly business cycle indicator for Latvia's GDP; such indicator might be welcome by macroeconomists.


Atslēgas vārdi
real time signal extraction, monthly indicator for GDP

Bušs, G. An Application of Direct Filter Approach: New Economic Indicators for Latvia. Datorvadības tehnoloģijas. Nr.48, 2011, 75.-81.lpp. ISSN 1407-7493.

Publikācijas valoda
English (en)
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