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Trend-cycle decomposition for Peruvian GDP: application of an alternative method
(Centro de Investigación y Docencia Económicas, 2014-02-06)
Perron and Wada (J Monet Econ 56:749–765, 2009) propose a new method of decomposition of the GDP in its trend and cycle components, which overcomes the identification problems of models of unobserved components (UC) and ...