This book presents a seasonal adjustment program called CAMPLET, an acronym of its tuning parameters, which consists of a simple adaptive procedure to extract the seasonal and the non-seasonal component from an observed series. Once this process is carried out, there will be no need to revise these components at a later stage when new observations become available.
The authors describe the main features of CAMPLET, evaluate the outcomes of CAMPLET and X-13ARIMA-SEATS in a controlled simulation framework using a variety of data generating processes, and illustrate CAMPLET and X-13ARIMA-SEATS with three time series: US non-farm payroll employment, operational income of Ahold and real GDP in the Netherlands. Furthermore they show how CAMPLET performs under the COVID-19 crisis, and its attractiveness in dealing with daily data.
This book appeals to scholars and students of econometrics and statistics, interested in the application of statistical methods for empirical economic modeling.
This book presents a seasonal adjustment program called CAMPLET, an acronym of its tuning parameters, which consists of a simple adaptive procedure to extract the seasonal and the non-seasonal component from an observed series. Once this process is carried out, there will be no need to revise these components at a later stage when new observations become available.
The authors describe the main features of CAMPLET, evaluate the outcomes of CAMPLET and X-13ARIMA-SEATS in a controlled simulation framework using a variety of data generating processes, and illustrate CAMPLET and X-13ARIMA-SEATS with three time series: US non-farm payroll employment, operational income of Ahold and real GDP in the Netherlands. Furthermore they show how CAMPLET performs under the COVID-19 crisis, and its attractiveness in dealing with daily data.
This book appeals to scholars and students of econometrics and statistics, interested in the application of statistical methods for empirical economic modeling.
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Seasonal Adjustment Without Revisions: A Real-Time Approach
86![Seasonal Adjustment Without Revisions: A Real-Time Approach](http://img.images-bn.com/static/redesign/srcs/images/grey-box.png?v11.10.4)
Seasonal Adjustment Without Revisions: A Real-Time Approach
86Paperback(1st ed. 2023)
Product Details
ISBN-13: | 9783031228445 |
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Publisher: | Springer International Publishing |
Publication date: | 02/14/2023 |
Series: | SpringerBriefs in Economics |
Edition description: | 1st ed. 2023 |
Pages: | 86 |
Product dimensions: | 6.10(w) x 9.25(h) x (d) |