Notas Técnicas

Title: “State-Space Representation, Filtering and Smoothing by Kalman: Basic Notions and Examples of Macro-Financial Applications“, by Eduardo A. Corso and Constanza Matarrelli

This paper provides an introduction to state-space representations and Kalman’s notions of filtering and smoothing. Additionally, some of its uses in macro-financial applications are described. The aim is to make it easier for non-specialist readers to interpret and use such tools.