KIX: A plug-in for aggregating chain-linked indices

Slides:

Advertisements

Similar presentations

United Nations Statistics Division/DESA

Advertisements

1 Volume measures and Rebasing of National Accounts Training Workshop on System of National Accounts for ECO Member Countries October 2012, Tehran,

Construction output in Scotland Stephen Curtis, Office for National Statistics.

Weight in IIP Calculation Introduction Selection of weights updating of weights Fixed weight vs. chain index ( In terms of weights updating )

Economic developments in the euro area Euro Area Macroeconomic Developments Division Frankfurt am Main 1 October 2009.

CHAPTER 5 – Session 11 United Nations Statistics Division/DESA Revision of the Index of Industrial Production (IIP) publication by the UNSD.

Georgian Quarterly National Accounts and time-series of Short Term Statistics indicators Levan Gogoberishvili Head of National Accounts Division, Geostat.

Report on the development of JDemetra+ (X-11 part) Status of development, testing and further issues Andreas Lorenz, Deutsche Bundesbank, Statistics Department.

METAC / IMF price statistics mission October 12-28, 2008 New estimates for the national CPI Kari Manninen EconAdvisor.

United Nations Statistics Division/DESA International Recommendations for the Index of Industrial Production (IIP)

U.S. Quarterly GDP by Industry Accounts: Methods and Research Results Brian C. Moyer 13th OECD-NBS Workshop on National Accounts Haikou, China.

Inflation Report February Demand Chart 2.1 Consumer spending (a) (a) Chained volume measure.

European Central Bank – DG Statistics*

Real Financial Services 1 UN STATISTICS DIVISION Economic Statistics Branch National Accounts Section UNSD/ECA National accounts workshop November 2005.

Report on the development of JDemetra+ (X-11 part) SAEG Meeting, Luxembourg, 7 December 2015 Andreas Lorenz, Deutsche Bundesbank, Statistics Department.

Benson Sim UN STATISTICS DIVISION Demonstration on Rebasing and Linking of National Accounts Workshop on the Methodological Review of Benchmarking, Rebasing.

Monitoring Business Cycle: Malaysia Experiences

Long Time Series for Germany 1 Presentation at the Euroindicators Working Group 10 th Meeting – 3 & 4 December 2007 Luxembourg Stephanus Arz Statistics.

Anna Ciammola and Donatella Tuzi ISTAT - Italy Internal Coherence in Seasonally Adjusted Chain Laspeyres Indices An Application to the Italian Hourly Labour.

Report on the development of JDemetra+ (X-11 part) Status of development Andreas Lorenz, Deutsche Bundesbank, Statistics Department.

UNECE Workshop on Consumer Price Indices Session 5: Calculation of a Chained CPI Presentation by Cengiz Erdoğan, TurkStat October Istanbul, Turkey.

Simon Compton Methodology Directorate Office for National Statistics

Labour Cost Index (LCI) Calculation of the LCI in Denmark.

JDemetra+: Latest features by the BBk (X-11 part) SAEG Meeting, Frankfurt am Main, 7 June 2016 Andreas Lorenz, Deutsche Bundesbank, Statistics Department.

September 2006OECD International Trade Statistics Experts Meeting OECD Main Economic Indicators Revisions Analysis Database Richard McKenzie OECD.

Analyse of producer cost index for construction in Ukraine

New Annual National Accounts Publication

Data sharing at Deutsche Bundesbank: The House of Microdata

Inflation Report February 2006.

Conference of European Statistics Stakeholders, 2016

1. The functioning of the financial markets is continuing to improve TED spread, basis points Note. TED spread is calculated as the difference between.

Monetary Policy Update December 2010

GDP Measuring the Economy

Item 5а National Accounts of Ukraine: Current Status and Development Perspectives Irina N. Nikitina Director of Macroeconomic Statistics Workshop on the.

Brexit and the UK Economy

Clarifications to the release procedure for JDemetra+

JDemetra+: Latest features by the Deutsche Bundesbank

Revision Analysis for General Economic Statistics

Migration to JDemetra+

SAEG 7th June 2016 Item 5.2 Eurostat migration to JD+: state of the art By Dario Buono.

Quarterly National Accounts

SHORT TERM INDICATORS IN THE SERVICE SECTOR

JDemetra+: Latest features by the Deutsche Bundesbank

Methods and estimation techniques of euro area GDP flash at T+30 days: preliminary reflections Filippo Moauro ISTAT - Direzione centrale di Contabilità.

TF meeting 7 October '15 Luxembourg

Price Indices for External Trade of Goods Eleonora Baghy 26/05/2013

Hungarian practice on chain-linking and its implication for SA

Possible complements to improve EU/EA estimation techniques

Quality-Adjusted Labour Input

Quarterly National Accounts

LAMAS October 2016 Agenda Item 3.1 Labour Cost Indices state of play Hubertus Vreeswijk Daniel Iscru.

NATIONAL STATISTICAL INSTITUTE

WORKING PARTY ON NATIONAL ACCOUNTS 12 – 15 October 2004

Unit for business structure

Task Force on Seasonal Adjustment of Quarterly National Accounts Second meeting Item 6 Chain-linking and seasonal adjustment: Overview of national.

Item 20: Price and Volume Measures

Overcoming the Gap in GDP Will Require 3

Wage formation and monetary policy

Task Force on Seasonal Adjustment of Quarterly National Accounts

Assurance of Quality of German National Accounts by Management

Rebasing and Linking of National Accounts

Use of JDemetra+ at the Deutsche Bundesbank

TYPES of seasonal adjustment processes in banco de españa

LAMAS Working Group 7-8 December 2015

Short Term Statistics in National Accounts

Summary of methods presented at the CMBF

Extension methods for multilateral index series

Presentation transcript:

KIX: A plug-in for aggregating chain-linked indices Susanne Stollenmayer, Thomas Witthohn

Agenda Motivation Details Susanne Stollenmayer, Thomas Witthohn, CESS Budapest 20 October 2016

Agenda Motivation Details Susanne Stollenmayer, Thomas Witthohn, CESS Budapest 20 October 2016

Chain-linked indices (1/2) Prime concepts Annual overlap Quarterly overlap December overlap Over-the-year Idea Apply changing weighting structure to component indices for aggregation Examples GDP HICP Index of labour costs Susanne Stollenmayer, Thomas Witthohn, CESS Budapest 20 October 2016

Chain-linked indices (2/2) Problem non-trivial aggregation in case of indirect seasonal adjustment Susanne Stollenmayer, Thomas Witthohn, CESS Budapest 20 October 2016

Agenda Motivation Details Susanne Stollenmayer, Thomas Witthohn, CESS Budapest 20 October 2016

Chaining and unchaining of single time series Functions Aggregation of chain-linked indices with annual overlap or one-month overlap method Chaining and unchaining of single time series Lagged growth rate contribution Susanne Stollenmayer, Thomas Witthohn, CESS Budapest 20 October 2016

Formula input Index data input Weight data input Results User Interface Formula input Index data input Weight data input Results Susanne Stollenmayer, Thomas Witthohn, CESS Budapest 20 October 2016

Adding over-the-year method Weighted aggregation of time series Possible extension Adding over-the-year method Weighted aggregation of time series Upgrade to universal time series calculator in JDemetra+ Susanne Stollenmayer, Thomas Witthohn, CESS Budapest 20 October 2016

Thank you chain-linked index = KettenIndeX Contact Deutsche Bundesbank Central Office Statistics Department Wilhelm-Epstein-Strasse 14 60431 Frankfurt am Main, Germany E-mail: jdemetra@bundesbank.de Available at: https://github.com/bbkrd/KIX chain-linked index = KettenIndeX Susanne Stollenmayer, Thomas Witthohn, CESS Budapest 20 October 2016