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Seasonal adjustment in Korean economic statistics and major issues
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 Title & Authors
Seasonal adjustment in Korean economic statistics and major issues
Lee, Geung-Hee;
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 Abstract
Seasonal adjustment is useful to provide a better understanding of underlying trends in Korean economic statistics. The seasonal component also includes calendar effects such as Seol and Chuseok. Most popular seasonal adjustment methods are X-12-ARIMA of the U.S. Bureau of the Census and TRAMO-SEATS of the Bank of Spain. Statistics Korea and the Bank of Korea compile seasonally adjusted series of several Korean economic statistics. This paper illustrates basic principles for seasonal adjustment and the current status of seasonal adjustment in Korea based on previous research. In addition, several issues on seasonal adjustment are addressed.
 Keywords
seasonal component;calendar component;X-13ARIMA-SEATS;X-12-ARIMA;TRAMO-SEATS;
 Language
Korean
 Cited by
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