ESTP course:

"Introduction to Seasonal adjustment and JDemetra+"

Agenda

Location

Eurostat, Luxembourg, 4 to 6 February 2014, Room A2/45

Course Leader

Dario Buono (Eurostat, Task Force D, Macroeconomic Imbalance Procedure)

Lecturers

• Dario Buono (Eurostat, Task Force D, Macroeconomic Imbalance Procedure)
• Enrico Infante (Eurostat,Unit C1, National Accounts methodology. Sector Accounts. Financial Indicators )

Logistics

Georgios Xenellis (Eurostat, Unit A2 Human Resources Management)

Required Reading

• ESS guidelines on seasonal adjustment
• Training material available on CROS portal dedicated page
• E-learning material here

Suggested Readings

• Any University manual of Statistics with a devoted chapter to time series analysis

4^th of February 2014, Tuesday

9.30-9.45

Presentation of the course, tour de table (by Xenellis, Buono, Infante)

9.45-11.00

Brief review of Time Series analysis, Seasonality and its determinants, Decomposition models, Exploration (basic tools) (by Buono)

11.00-11.15

coffee-break

11.15-12.30

Exploration (advanced tools), Why Seasonal and Calendar Adjustment? Step by step procedures for Seasonal Adjustment (by Buono)

12.30-14.00

Lunch break

14.00-15.15

Using JDemetra+: getting familiar (by Infante)

15.15-15.30

coffee-break

15.30-16.30

Using JDemetra+: first results (by Infante)

16.30-17.00

Question time for face-to face discussion with the trainers (by Buono and Infante)

5^th of February 2014, Wednesday

9.30-11.00

Identification of type of outliers (additive, transitory change, level shift), Calendar Effect and its determinants, (by Buono)

11.00-11.15

coffee-break

11.15-12.30

Moving Averages, X-13 ARIMA and TRAMO/SEATS, How to use the ESS guidelines on Seasonal Adjustment: review (by Buono)

12.30-14.00

Lunch break

14.00-15.15

Using JDemetra+: outliers (by Infante)

15.15-15.30

coffee-break

15.30-16.15

Using JDemetra+: calendar adjustment (by Infante)

16.15-16.30

Question time for face-to face discussion with the trainers (by Buono and Infante)

6^th of February 2014, Thursday

9.30-11.00

Using JDemetra+: full exercise with ESTAT series (by Infante)

11.00-11.15

coffee-break

11.15-12.30

Using JDemetra+: full exercise with MS series (by Infante and Buono)

12.30-14.00

Lunch break

14.00-15.30

Using JDemetra+: show and tell exercise with MS series (by the participants!!)

15.30-15.45

coffee-break

15.45-16.30

Conclusions and evaluation of the course (Xenellis, Buono, Infante)