Definition: Partial concurrent adjustment

Category: Seasonal adjustment

Partial concurrent adjustment means that the model, filters, outliers and calendar regression variables are re‐identified, usually, once a year, but that the respective parameters and factors are updated every time new or revised observations become available. http://ec.europa.eu/eurostat/ramon/statmanuals/files/UNECE_Seasonal_Adjustment_Demetra.pdf
Source:
United Nations Economic Commission for Europe (UNECE), "Practical Guide to Seasonal Adjustment With Demetra+", Geneva, 2012
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