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Journal Article
A problem of seasonal adjustment
A discussion of how new financial instruments have made accurate seasonal adjustment of monetary data more difficult since 1980.
AUTHORS: Mugel, Richard L.
DATE: 1984
Journal Article
The problem of seasonally adjusted money
An essay on the effect that seasonal money supply fluctations have on the measurement of M1 and on Federal Reserve money supply management, with a discussion of the X-11 adjustment method and suggestions for improving it.
AUTHORS: Carlson, John B.
DATE: 1982
Working Paper
Seasonal production smoothing
Empirical tests of the production-smoothing hypothesis have yielded mixed results. In this paper, Donald Allen looks for, and finds evidence of, seasonal production smoothing in 15 out of 25 manufacturing series and 8 out of 10 retail series, using detrended seasonally unadjusted data. The equivalent test using seasonally adjusted data were negative for all 35 series. The results suggest that seasonally adjusted data obscure short-term production-smoothing.
AUTHORS: Allen, Donald S.
DATE: 1999
Journal Article
Seasonal accommodation and the financial crises of the Great Depression: did the Fed \\"furnish an elastic currency?\\"
AUTHORS: Wheelock, David C.
DATE: 1992
Journal Article
Seasonal production smoothing
Empirical tests of the production-smoothing hypothesis have yielded mixed results. In this paper, Donald Allen looks for and finds evidence of seasonal production smoothing in 15 out of 25 manufacturing series and eight out of 10 retail series, using detrended seasonally unadjusted data. The equivalent test using seasonally adjusted data were negative for all 35 series. The results suggest that seasonally adjusted data obscure short-term production smoothing.
AUTHORS: Allen, Donald S.
DATE: 1999
Journal Article
Seasonal adjustment of the money supply
AUTHORS: Ott, Mack; Hein, Scott E.
DATE: 1983
Discussion Paper
Calendar adjustment and time series
AUTHORS: Cleveland, William P.
DATE: 1986
Working Paper
Interactions between the seasonal and business cycles in production and inventories
This paper shows that in several U.S. manufacturing industries, the seasonal variability of production and inventories varies with the state of the business cycle. We present a simple model which implies that if firms reduce the seasonal variability of their production as the economy strengthens, and they either hold constant or increase the stock of inventories they bring into the high-production seasons of the year, then they must face upward-sloping and convex marginal production cost curves. We conclude that firms in a number of industries face upward-sloping and convex marginal-production-cost curves.
AUTHORS: Cecchetti, Stephen G.; Kashyap, Anil K.; Wilcox, David W.
DATE: 1997
Working Paper
Seasonal Solow residuals and Christmas: a case for labor hoarding and increasing returns
AUTHORS: Braun, R. Anton; Evans, Charles L.
DATE: 1991
Working Paper
Seasonality and equilibrium business cycle theories
AUTHORS: Evans, Charles L.; Braun, R. Anton
DATE: 1991