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Conclusion

In: Seasonal Adjustment Without Revisions

Author

Listed:
  • Barend Abeln
  • Jan P. A. M. Jacobs

    (University of Groningen)

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.

Suggested Citation

  • Barend Abeln & Jan P. A. M. Jacobs, 2023. "Conclusion," SpringerBriefs in Economics, in: Seasonal Adjustment Without Revisions, chapter 0, pages 79-81, Springer.
    • Handle: RePEc:spr:spbchp:978-3-031-22845-2_7
    DOI: 10.1007/978-3-031-22845-2_7
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