Results for HW2, Problem 2

Contents:
Canada, Canada using HP filter
Sweden, Sweden using HP filter
Australia, Australia using HP filter
Mexico, Mexico using HP filter
Japan, Japan using HP filter

Canada

Simple Log-Linear Detrending

Stats about % Deviation from Trends:

Y C G I X M
Standard Deviation: 0.037171 0.029647 0.056480 0.101223 0.167460 0.126039
Coorelation with Y component: 1.000000 0.835823 0.313145 0.422592 0.583767 0.592546





Detrending with HP Filter

Stats about % Deviation from HP Trends:

Y C G I X M
Standard Deviation: 0.012524 0.009087 0.013709 0.048358 0.044567 0.042645
Coorelation with Y component: 1.000000 0.514414 -0.490509 0.868570 0.815121 0.772457






Sweden

Simple Log-Linear Detrending

Stats about % Deviation from Trends:

Y C G I X M
Standard Deviation: 0.034208 0.025447 0.053222 0.126888 0.103076 0.102575
Coorelation with Y component: 1.000000 0.850002 -0.051382 0.835016 0.595563 0.673711





Detrending with HP Filter

Stats about % Deviation from HP Trends:

Y C G I X M
Standard Deviation: 0.013581 0.009922 0.009704 0.060752 0.047979 0.056721
Coorelation with Y component: 1.000000 0.493438 -0.065856 0.871366 0.631616 0.637176






Australia

Simple Log-Linear Detrending

Stats about % Deviation from Trends:

Y C G I X M
Standard Deviation: 0.022314 0.023905 0.046946 0.082519 0.074370 0.072865
Coorelation with Y component: 1.000000 0.478576 -0.466332 0.764074 0.419903 0.289413





Detrending with HP Filter

Stats about % Deviation from HP Trends:

Y C G I X M
Standard Deviation: 0.009158 0.008355 0.017767 0.046911 0.044801 0.043414
Coorelation with Y component: 1.000000 0.034728 -0.167555 0.900819 0.151914 0.550228






Mexico

Simple Log-Linear Detrending

Stats about % Deviation from Trends:

Y C G I X M
Standard Deviation: 0.079175 0.062236 0.137328 0.143828 0.254968 0.138324
Coorelation with Y component: 1.000000 0.799139 0.732612 0.838302 0.633026 0.573893





Detrending with HP Filter

Stats about % Deviation from HP Trends:

Y C G I X M
Standard Deviation: 0.021057 0.024991 0.044031 0.060772 0.077635 0.068047
Coorelation with Y component: 1.000000 0.868778 0.665296 0.884121 -0.323421 0.450846






Japan

Simple Log-Linear Detrending

Stats about % Deviation from Trends:

Y C G I X M
Standard Deviation: 0.112949 0.107755 0.087731 0.157744 0.142472 0.200073
Coorelation with Y component: 1.000000 0.980472 0.821684 0.925573 -0.047554 -0.350086





Detrending with HP Filter

Stats about % Deviation from HP Trends:

Y C G I X M
Standard Deviation: 0.013089 0.010098 0.010149 0.040269 0.069883 0.101430
Coorelation with Y component: 1.000000 0.767855 0.056590 0.856621 0.318506 0.426927