Modelling Seasonality
- ISBN-10
- 019877317X
- ISBN-13
- 9780198773177
- Category
- Business & Economics / Economics / General
- Pages
- 476
- Language
- English
- Published
- 1992
- Publisher
- Oxford University Press
- Author
- Svend Hylleberg
Description
The realization among econometricians and applied economists that seasonal variation in many time series is often larger and less regular than has been supposed, has recently led to an increased interest in seriously modelling seasonality. The relative size of seasonal variation also meansthat such modelling is of major economic interest. Important developments in modelling seasonality have occurred - the last ten years have seen improvements in the model based procedures, the discovery of periodic models, seasonal integration and cointegration, and in the development of economictheories of seasonality.This volume brings together some leading papers on the existing standard economic theory of seasonality as well as papers which apply newer statistical tools to the modelling of seasonal phenomena. In addition to the topics already mentioned, it presents and discusses the X-11 method of seasonaladjustment and the introduction includes a description and assessment of the most recent developments.
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