An Analysis of the Embedded Frequency Content of Macroeconomic Indicators and their Counterparts using the Hilbert-Huang Transform [E-Book] / Patrick M. Crowley and Tony Schildt
Crowley, Patrick M..
Schildt, Tony .
Paris : OECD Publishing, 2012
31 p.
Full Text
Many indicators of business and growth cycles have been constructed by both private and public agencies and are now in use as monitoring devices of economic conditions and for forecasting purposes. As these indicators are largely composite constructs using other economic data, their frequency composition is likely different to that of the variables that they are used as for indicators.