Re: [Gretl-devel] Hodrick-Prescott parameter
On Fri, 14 Oct 2016, Artur T. wrote:
That is the reason why I see no serious need to change the default
value: It's already possible to set the lambda value as wished.
Nevertheless, to add Ignacio's references to the manual would be a good
idea though.
On this I don't agree: if a choice A turns out to be more preferable than
B for whatever reason, the default should be A. The only drawback in
changing is, as I said, breakage in backwards compatibility.
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Riccardo (Jack) Lucchetti
Dipartimento di Scienze Economiche e Sociali (DiSES)
Università Politecnica delle Marche
(formerly known as Università di Ancona)
r.lucchetti(a)univpm.it
http://www2.econ.univpm.it/servizi/hpp/lucchetti
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