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Il principio di conservazione della dinamica e le tecniche di riconciliazione di serie storiche nella stima dell’occupazione trimestrale per settore istituzionale

Author

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  • Marianna Ascione

    (Italian National Institute of Statistics)

  • Giancarlo Lutero

    (Italian National Institute of Statistics)

Abstract

In this paper the methods of time series reconciliation in the presence of both contemporaneous and temporal aggregation constraints are discussed, relating to a set of Quarterly Sector Accounts (QSA) estimates. After a brief overview of Quarterly Sector Accounts, the sources of data discrepancies are stressed. A short introduction to the balancing and benchmarking methodologies adopted in operating context are treated. In addition, Denton’s methodology is illustrated, remarking the movement preservation principle property. In order to solve computational impasses of a simultaneous solution, a two-steps reconciliation approach is introduced. An empirical exercise on full-time equivalent units is applied to compare several two-steps strategies.

Suggested Citation

  • Marianna Ascione & Giancarlo Lutero, 2011. "Il principio di conservazione della dinamica e le tecniche di riconciliazione di serie storiche nella stima dell’occupazione trimestrale per settore istituzionale," Rivista di statistica ufficiale, ISTAT - Italian National Institute of Statistics - (Rome, ITALY), vol. 13(2-3), pages 75-104.
  • Handle: RePEc:isa:journl:v:13:y:2011:i:2-3:p:75-104
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    More about this item

    Keywords

    uarterly employment by institutional sector; time series reconciliation; temporal and contemporaneous constraints; movement preservation principle; two-steps balancing; full-time equivalent units.;
    All these keywords.

    JEL classification:

    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity

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