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The problem of dating the business cycle has recently received many contributions, with a lot of proposed statistical methodologies, parametric and non parametric. Despite of this, only a few countries produce an official dating of the business cycle. In this work we try to apply some procedures...
Persistent link: https://www.econbiz.de/10004990372
A typical problem of the seasonal adjustment procedures arises when the observed series is subject to structural breaks. In fact, using the full time interval, the seasonal adjusted series can differ from the "true" seasonal adjusted series, with unclear evidence showed by the usual diagnostic...
Persistent link: https://www.econbiz.de/10005590656