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Conclusion

Barend Abeln () and Jan Jacobs

Chapter Chapter 7 in Seasonal Adjustment Without Revisions, 2023, pp 79-81 from Springer

Abstract: Abstract This book presented a new 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 is no need to revise these components at a later stage when new observations become available. We have shown among other things that differences between X-13ARIMASEATS, the industry standard, and CAMPLET are fairly small. Therefore, the disadvantages associated with having to update seasonal adjustments and seasonal factors when new observations become available might be larger than the benefits of using optimal seasonal adjustments.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-3-031-22845-2_7

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DOI: 10.1007/978-3-031-22845-2_7

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