Moosa, Imad A; Lenten, Liam J A - In: Australian Economic Papers 39 (2000) 3, pp. 372-92
It is argued that the X-11 seasonal adjustment procedure suffers from severe drawbacks, and so it should be abandoned in favour of model-based seasonal adjustment. Furthermore, it is argued that Harvey's structural time series model is superior to the conventional seasonal ARIMA models for the...
