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- W2618173831 abstract "This article tests the validity of underlying assumptions (i.e. linearity and normality) of UC-ARIMA models for trend-cycle decompositions using macroeconomic variables from 16 OECD countries. Clear and overwhelming evidence of non-normality and non-linearity is found. Our results thus cast doubts on the adequacy of the filtered cyclical component from this type of model." @default.
- W2618173831 created "2017-06-05" @default.
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- W2618173831 date "2016-01-01" @default.
- W2618173831 modified "2023-10-16" @default.
- W2618173831 title "Testing the Validity of Assumptions of UC-ARIMA Models for Trend-Cycle Decompositions" @default.
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