In Time Series Analysis and Adjustment the authors explain how the last four decades have brought dramatic changes in the way researchers analyze economic and financial data on behalf of economic and financial institutions and to provide statistics. An understanding of time series and the application and knowledge of related time series adjustment procedures is essential in areas such as risk management, business cycle analysis, and forecasting. The case studies in this book demonstrate that time series adjustment methods can be efficaciously applied and utilized, for both analysis and forecasting, but they must be used in the context of reasoned statistical and economic judgment -- this is the first known published study to really deal with this issue of context.These moving holidays can affect retail sales, tourism, stock market indices and other economic indicators. ... over time, such as trading hours, the stock market, or working hours and days in retail trading, resulting in moving trading day effects .
|Title||:||Time Series Analysis and Adjustment|
|Author||:||Haim Y Bleikh, Professor Warren L Young|
|Publisher||:||Ashgate Publishing, Ltd. - 2014-07-01|