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The Sched app allows you to build your schedule for the useR! Virtual Event. The virtual event is free; there is no cost to participate.

Virtual Tutorials will take place live on Zoom, and you must pre-register in order to participate. You will be able to use the chat and Q&A features in Zoom to ask the presenters questions. Please register by clicking on the link in the tutorial’s description.

Virtual Session Presentations will take place on YouTube Premier. Speakers will be available during the presentation to answer questions in the chat. The presentations can be found in this playlist.

Please note: This schedule is automatically displayed in Central European Summer Time (UTC+02:00). To see the schedule in your preferred timezone, please select from the drop-down located at the bottom of the menu to the right.

IMPORTANT NOTE: Timing of sessions and room locations are subject to change.

The in-person program will take place in Salzburg, Austria, on 8-11 July. Please see the in-person schedule page for more information.

Tuesday July 2, 2024 12:30 - 12:50 CEST


This session introduces participants to the Hodrick-Prescott filter, a data series smoothing technique frequently used in economics and finance, briefly explains the underlying mathematics and presents the easy-to-use hpfilter R package, which calculates both the one- and two-sided implementations of the filter. The HP filter is a mathematical tool used to smooth out short-term fluctuations in data and reveal underlying long-term trends. Popularized in the 1990s by economists Robert Hodrick and Edward Prescott, it has become a staple in fields like macroeconomics, real business cycle theory and finance. Participants will get a hands-on tour of the package and learn to apply the HP filter to a concrete use case in finance. They will learn how to compile the trend and cycle components from a financial time series, plot the results and succinctly interpret the findings.
Speakers
avatar for Alexandru Monahov

Alexandru Monahov

Dr., Bank of England
Alexandru Monahov is a Research Economist in the Bank of England’s Financial Stability Directorate, Stress Testing Strategy Division. His expertise covers research and policy work on systemic risk, prudential regulation, stress-testing and macro-financial linkages by means of econometric... Read More →
Tuesday July 2, 2024 12:30 - 12:50 CEST
YouTube Premier
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