{"product_id":"9780387951126","title":"Measuring Business Cycles in Economic Time Series","description":"\u003cp\u003eThis book outlines and demonstrates problems with the use of the HP filter, and proposes an alternative strategy for inferring cyclical behavior from a time series featuring seasonal, trend, cyclical and noise components. The main innovation of the alternative strategy involves augmenting the series forecasts and back-casts obtained from an ARIMA model, and then applying the HP filter to the augmented series. Comparisons presented using artificial and actual data demonstrate the superiority of the alternative strategy.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e","brand":"Springer New York","offers":[{"title":"Default Title","offer_id":47012972429552,"sku":"9780387951126","price":169.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780387951126_p0.jpg?v=1763696448","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780387951126","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}