Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/210805 
Authors: 
Year of Publication: 
2014
Series/Report no.: 
CBM Working Papers No. WP/02/2014
Publisher: 
Central Bank of Malta, Valletta
Abstract: 
This paper, after reviewing the most used method from the two main branches of empirical investigation, namely the Hodrick-Prescott (HP) filter and the production function, argues that they both suffer from significant failings when applied to very small and open economies like Malta.
JEL: 
B41
C18
E32
F41
Document Type: 
Working Paper

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