On Fractional Filtering Versus Conventional Filtering in Economics

Baleanu, DumitruNigmatullin, Raoul R.Omay, Tolga08.02. Çankaya Meslek Yüksekokulu02.02. Matematik02. Fen-Edebiyat Fakültesi08. Meslek Yüksekokulları01. Çankaya Üniversitesi2016-05-112025-09-182016-05-112025-09-182010Nigmatullin, R.R., Omay, T., Baleanu, D. (2009). On fractional filtering versus conventional filtering in economics. Communications In Nonlinear Science And Numerical Simulation, 15(4), 979-986. http://dx.doi.org/10.1016/j.cnsns.2009.05.0271007-57041878-7274https://doi.org/10.1016/j.cnsns.2009.05.027https://hdl.handle.net/123456789/11993In this study, we compare the Hodrick-Prescott Filter technique with the Fractional filtering technique that has recently started to be used in various applied sciences like physics, engineering, and biology. We apply these filtering techniques to quarterly GDP data from Turkey for the period 1988:1-2003:2. The filtered series are analyzed using Minimum Square Error (MSE) and real life evidence. In the second part of the study, we use simulated data to analyze the statistical properties of the aforementioned filtering techniques. (C) 2009 Elsevier B.V. All rights reserved.eninfo:eu-repo/semantics/openAccessData GenerationFractional FilteringHodrick-Prescott FilteringMseDecompositionOn Fractional Filtering Versus Conventional Filtering in EconomicsOn fractional filtering versus conventional filtering in economicsArticle10.1016/j.cnsns.2009.05.0272-s2.0-70350375643