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Working Papers N°177: Desestacionalización de Series Económicas: el Procedimiento Usado por el Banco Central de Chile

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Working Papers N°177: Desestacionalización de Series Económicas: el Procedimiento Usado por el Banco Central de Chile

Autor: Héctor F. Bravo , Leonardo Luna , Ruiz Francisco


Description

This paper was written as a technical note to explain the seasonal adjustment procedure used by the Central Bank of Chile. The methodology used here, named X-12-ARIMA, was developed by the U.S. Census Bureau. This paper also includes a procedure manual for the seasonal adjustment of economic series using the EX-12 program (Macro Excel).

Working Papers N°177: Desestacionalización de Series Económicas: el Procedimiento Usado por el Banco Central de Chile
 
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