Konferenzbeitrag

Seasonal adjustment and reliability of euro area GDP – Increased uncertainty in times of unusual developments?

Seasonally adjusted gross domestic product (GDP) data are inevitably surrounded by uncertainty. Disregarding methodological improvements, two main sources of revisions can be distinguished: First, revisions that reflect the incorporation of more comprehensive or more representative, but generally less timely, source data and second, revisions that are related to seasonal adjustment. This paper aims to get some insights into the overall statistical uncertainty surrounding first estimates of quarter-on-quarter seasonally adjusted GDP volume growth in the euro area, in particular the so-called "flash estimate", published by Eurostat around 45 days after the end of the reference quarter, and the first regular estimate, published around two and a half weeks later.

Sprache
Englisch

Erschienen in
Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2011: Die Ordnung der Weltwirtschaft: Lektionen aus der Krise - Session: Productivity and Growth ; No. C8-V2

Klassifikation
Wirtschaft
Single Equation Models; Single Variables: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
Model Evaluation, Validation, and Selection
Macroeconomic Analyses of Economic Development

Ereignis
Geistige Schöpfung
(wer)
Mehrhoff, Jens
Eiglsperger, Martin
Haine, Wim
Ereignis
Veröffentlichung
(wann)
2011

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Konferenzbeitrag

Beteiligte

  • Mehrhoff, Jens
  • Eiglsperger, Martin
  • Haine, Wim

Entstanden

  • 2011

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