Some Comments on the Use and Abuse of the Hodrick-Prescott Filter
Diego J. Pedregal, Peter C. Young · 2001
It is always good practice in scientific research to keep an eye on other, similar disciplines and try to improve one’s own methods in relation to relevant advances in other areas. Many times, one discovers that isolation causes some very perverse effects on the development of science. As Keynes said in The General Theory (Keynes, 1936),