It is standard practice to set lambda at 1600, when using quarterly data, and 100 when using annual data... Hence, once more... it depends... it depends on your data frequency... and 14,400 for monthly data.
Hi teacher . Thank you very much for your valuable videos. I am in the process of studying coordination between fiscal and monetary policies in growth, and I need to calculate the output gap, is it possible for you to send me this excel file?
How tau is decided
It is standard practice to set lambda at 1600, when using quarterly data, and 100 when using annual data... Hence, once more... it depends... it depends on your data frequency... and 14,400 for monthly data.
Hi teacher . Thank you very much for your valuable videos. I am in the process of studying coordination between fiscal and monetary policies in growth, and I need to calculate the output gap, is it possible for you to send me this excel file?
@@منوعات-ز8ر6ظ please send email to stadtmann@europa-uni.de and i will check