• Title of article

    Computation of the Beveridge–Nelson decomposition for multivariate economic time series

  • Author/Authors

    Miguel A. Ari?o، نويسنده , , Paul Newbold، نويسنده ,

  • Issue Information
    روزنامه با شماره پیاپی سال 1998
  • Pages
    6
  • From page
    37
  • To page
    42
  • Abstract
    This note shows how the result of Newbold (1990) [Newbold, P., 1990. Precise and efficient computation of the Beveridge–Nelson decomposition of economic time series. Journal of Monetary Economics 26, 453-457] can be extended to the computation of the Beveridge–Nelson decomposition in the multivariate case, where series are generated by vector ARIMA models. A separate treatment is provided for the cointegrated case.
  • Keywords
    VARMA models , Trend-cycle decomposition
  • Journal title
    Economics Letters
  • Serial Year
    1998
  • Journal title
    Economics Letters
  • Record number

    434640