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HP Filter×State Space Model (Kalman Filter)×
VakgebiedEconometrieEconometrie
FamilieProcess / pipelineRegression model
Jaar van ontstaan19971990
GrondleggerRobert Hodrick & Edward PrescottHarvey; Durbin & Koopman (state space treatment); Kalman filter
TypePenalized least-squares smootherState space time series model
Oorspronkelijke bronHodrick, R. J., & Prescott, E. C. (1997). Postwar U.S. business cycles: An empirical investigation. Journal of Money, Credit and Banking, 29(1), 1–16. DOI ↗Harvey, A. C. (1990). Forecasting, Structural Time Series Models and the Kalman Filter. Cambridge University Press. DOI ↗
AliassenHodrick-Prescott Filter, HP Decomposition, Trend-Cycle Filter, HP Filtresistate space, Kalman filter, unobserved components model, Durum Uzayı Modeli (State Space / Kalman Filter)
Verwant34
SamenvattingThe Hodrick-Prescott (HP) filter is a penalized least-squares technique used in macroeconomics and empirical finance to decompose a time series into a smooth long-run trend component and a short-run cyclical component. Introduced by Hodrick and Prescott (1997) using postwar U.S. business cycle data, it has become one of the most widely applied filters in business cycle analysis, monetary policy research, and applied econometrics.A state space model is a general time series framework that describes a series through unobserved (latent) state variables linked by a measurement equation and a transition equation, with the states estimated in real time by the Kalman filter. Developed in the state space tradition of Harvey (1990) and Durbin & Koopman (2012), it nests ARIMA and exponential smoothing as special cases.
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ScholarGateMethoden vergelijken: HP Filter · State Space Model. Geraadpleegd op 2026-06-17 via https://scholargate.app/nl/compare