ESTP course:
" ANNUAL TO QUARTERLY TO MONTHLY DATA "
Agenda
Location / Eurostat, Luxembourg, 15/17 November 2016, Room A2/45
Course Leader / Dario Buono (Eurostat, Unit B1 Methodology and Corporate Architecture)
Riccardo Gatto (Eurostat, Unit F3, Labour Market)
Lecturers / Dario Buono (Eurostat, Unit B1 Methodology and Corporate Architecture)
Riccardo Gatto (Eurostat, Unit F3, Labour Market)
Francesca Di Iorio (Università di Napoli Federico II)
Logistics / Elwira NAVARRE(Eurostat, Unit A2 Learning and Development)
Required Reading / Eurostat (2013), Handbook of Quarterly National Accounts, European
Commission, Luxembourg
Suggested Readings / Dagum E.B., Cholette P. (2006), Benchmarking, Temporal
Distribution, and Reconciliation Methods for Time Series, Springer,
New York.
15 of November 2016, Tuesday
9.30-9.45 / Presentation of the course, tour de table (by NAVARRE, Buono)
9.45-11.00 / Brief review of temporal disaggregation, balancing and statistical reconciliation of systems of time series (by Buono):
·  Flow, index and stock series
·  Deriving high frequency data with and without proxies
·  Temporal and Accounting constraints
11.00-11.15 / coffee-break
11.15-12.30 / Balancing a table with fixed marginal totals: RAS and Stone’s Least Squares adjustment. Dealing with negative entries: RAS-PM. Procedures without indicators: Boot, Feibes and Lisman (BFL). The movement preservation principle: modified Denton PFD benchmarking. (by Gatto)
12.30-14.00 / Lunch break
14.00-15.15 / Practical exercise: getting familiar with the tool (by Di Iorio)
15.15-15.30 / coffee-break
15.30-16.30 / Practical exercise: first results (by Di Iorio)
16.30-17.00 / Question time for face-to face discussion with the trainers
16 of November 2016, Wednesday
9.30-11.00 / Optimal regression-based temporal disaggregation techniques: Chow-Lin, Fernandez and Litterman (by Gatto)
11.00-11.15 / coffee-break
11.15-12.30 / The statistical reconciliation of systems of time series; main field of application: Quarterly National Accounts, Labour Force, Industrial Production Indices, (by Buono)
12.30-14.00 / Lunch break
14.00-15.15 / Practical exercise: full results (by Di Iorio)
15.15-15.30 / coffee-break
15.30-16.15 / Preparing the show and tell
16.15-16.30 / Question time for face-to face discussion with the trainers
17 of November 2016, Thursday
9.30-11.00 / Regression-based temporal disaggregation: Two-step adjustment procedures. Optimal regression-based temporal disaggregation (by Gatto)
11.00-11.15 / coffee-break
11.15-12.30 / Temporal and contemporaneous aggregation constraints.
Two-step reconciliation techniques of preliminary time series: 2S-QR and 2S-ST procedures (by Gatto and by Di Iorio)
12.30-14.00 / Lunch break
14.00-15.30 / Show and tell with your data set (by the participants!!)
15.30-15.45 / coffee-break
15.45-16.30 / Conclusions and evaluation of the course