Seasonal adjustment Sample Clauses

Seasonal adjustment. In Poland seasonal adjustment is done after chain-linking volume series. Also data at current prices are seasonally adjusted. Quarterly data are chain-linked with annual overlap method. This method implies a loss of additivity in cross-section dimension. No procedure is applied to force sub-aggregates to sum up to their higher aggregate. In Poland, direct approach for seasonally adjusted time series has been chosen. Consequently, GDP and its elements time series for production and expenditure side are adjusted separately. For this purpose Xxxxxxx – version 2.0 with TRAMO/SEATS procedure is applied. Before seasonal adjustment is done time series are cleaned for special effects (Pre-Treatment): - working/trading day effects; - moving holidays; - outliers. During this process default settings of TRAMO/SEATS are used. All calendar effects are tested for their significance before they are considered in the final estimation process for extraction. The calendar used is this one for Poland integrated in Xxxxxxx software package. In Polish practice, for trading day correction option 2 repressors is applied for each time series: • 1st repressor considers just two types of days: working days from Monday to Friday and the day not worked, Saturday and Sunday; • 2nd incorporates correction for the leap year. Outliers effects are estimated by an automatic procedure implemented in the TRAMO/SEATS software package. The following outliers are tried to be located : - additive outliers occurring as a effect of the event at one point in time; - level shifts corresponding to a break in the average value of the series; - transitory components describing a disruption with a return to the initial situation. These outliers are detected according to a t-value criterion. The value of the t-value is determined automatically, unless test statistics concerning the reliability of the model can be significantly improved by clearing for more outliers. The following quarterly data are published: seasonally adjusted series, raw data (unadjusted), seasonally adjusted (with working day correction) and trend.. In ESA transmission data at current prices seasonally adjusted are also sent. Every time a new quarter is calculated model for seasonal adjustment and its parameters are revised. Following seasonal adjustment process whole time series are changed.
Sample 1
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Related to Seasonal adjustment

  • Annual Adjustment At the end of each Fiscal Year and following receipt by Manager of the annual accounting referred to in Article 10, an adjustment will be made to such annual account, if necessary and if available, so that the appropriate amount shall have been deposited in the Reserve.

  • Annual Adjustments Base Rent shall be increased on each annual anniversary of the first day of the first full month during the Term of this Lease (each an “Adjustment Date”) by multiplying the Base Rent payable immediately before such Adjustment Date by the Rent Adjustment Percentage and adding the resulting amount to the Base Rent payable immediately before such Adjustment Date. Base Rent, as so adjusted, shall thereafter be due as provided herein. Base Rent adjustments for any fractional calendar month shall be prorated.

  • Workforce Adjustment (a) The Parties recognize that workforce adjustment may be necessary due to the elimination of positions resulting from a reduction in the amount of work required to be done by the Commission, reorganization or program termination.

  • Wage Adjustment Notwithstanding any provision in this Agreement on the contrary, the wages of employees shall be reduced by the amount of employee contributions made by the employer pursuant to the provisions hereof.

  • CPI Adjustment In this Agreement, “CPI-Adjusted” in reference to an amount means that amount is adjusted under the following formula: N  C  (1 CPIn  CPIc ) CPIc where: ”N” is the new amount being calculated; and “C” is the current amount being adjusted; and

  • Structural Adjustment 1. Exceptional measures of limited duration which derogate from the provisions of Article 4 may be taken by the Parties in the form of increased customs duties.

  • ECONOMIC ADJUSTMENT Beginning twelve (12) months after the effective date of this Statewide Contract and for every annual anniversary thereafter, the prices set forth in Exhibit B – Prices for Services shall be adjusted, based upon the percent changes (whether up or down) in the United States Department of Labor, Bureau of Labor and Statistics (BLS) indices described below, for the most recent year. Economic adjustment will lag one (1) calendar quarter past the Contract commencement date to allow for publication of BLS data. All calculations for the index shall be based upon the latest version of data published as of one year of the effective date each year. Prices shall be adjusted on February 1st. If an index is recoded (i.e., the recoded index is a direct substitute for the prior index according to the BLS), this Statewide Contract will use the recoded index, as applicable. If an index becomes unavailable, Enterprise Services shall substitute a proxy index. If there is not a direct substitute, the next higher aggregate index available will be used. The economic adjustment shall be calculated as follows: New Price = Old Price x (Current Period Pricing/Base Period Index)

  • Supervisory Differential Adjustment 99. The Appointing Officer may adjust the compensation of a supervisory employee whose schedule of compensation is set herein subject to the following conditions:

  • Salary Adjustment The salary of an employee returning from uncompensated leave shall be adjusted to reflect all non-discretionary increases distributed during the period of leave. While on such leave, an employee shall be eligible to participate in any special salary incentive programs.

  • ECONOMIC PRICE ADJUSTMENT is the adjustment to the Aircraft Basic Price (Base Airframe, Engine and Special Features) as calculated pursuant to Exhibit D.

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