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A Comparison of a Modified “Hannan” and the Bls Seasonal Adjustment Filters

 

作者: Marc Nerlove,  

 

期刊: Journal of the American Statistical Association  (Taylor Available online 1965)
卷期: Volume 60, issue 310  

页码: 442-491

 

ISSN:0162-1459

 

年代: 1965

 

DOI:10.1080/01621459.1965.10480804

 

出版商: Taylor & Francis Group

 

数据来源: Taylor

 

摘要:

In a previous paper [12], an attempt was made to show how spectral techniques could be used to compare the effects of two seasonal adjustment procedures on the series to which they were applied. The two procedures compared were: (a) the technique currently used by the Bureau of Labor Statistics for seasonally adjusting employment, unemployment, and labor force monthly statistics, and (b) the so-called “residual” method, proposed by Brittain [2], Samuelson [16], and others. Spectra of the original and the seasonally adjusted series and the cross spectrum of the two were used to aid in the assessment of whether either procedure removed more than could be considered seasonal, introduced spurious regularities, and/or distorted temporal relationships. It was concluded that both techniques removed more than seasonal effects from, and produced some temporal distortion in, the series to which they were applied. Neither method appeared to be superior to the other.

 

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