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sol the question plzz Due: 11:59 pm, 09.13.2020 Reference: Lecture 4 and 5, slides, notes 1 HP filter For this question you are asked to

sol the question plzz

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Due: 11:59 pm, 09.13.2020 Reference: Lecture 4 and 5, slides, notes 1 HP filter For this question you are asked to compute the HP filter decomposition of GDP. You are asked to solve the minimization problem directly with using built-in functions in Excel. Refer to the guide at the end of this problem set for a step-by-step guide. Some additional notes: 1. Use quarterly data from 2000 to 2018 included. 2. Use the variable: Real Gross Domestic Product [GDPCl] as your GDP data. You can find this variable in FRED http://research. stlouisfed.org/fred2/. 3. In dude two graphs: (1) one for the trend together with the original data; (2) the second one reserve it for the cycle like below. Real GDP and HP Trend Ln Real GDP DODD: HP Trend Log Scale 8.5 1950 1960 1970 1980 1990 2000 2010 2020 Source: FRED (GDPCI)

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