set_benchmarking: Set Benchmarking Specification

In palatej/rjd3modelling: Time Series Modelling Functions with 'JDemetra+ 3.0'

Set Benchmarking Specification

Description

Set Benchmarking Specification

Usage

set_benchmarking(
  x,
  enabled = NA,
  target = c(NA, "CalendarAdjusted", "Normal"),
  rho = NA,
  lambda = NA,
  forecast = NA,
  bias = c(NA, "None")
)

Arguments

x	the specification.
enabled	boolean to enable the user to perform benchmarking.
target	specifies the target variable for the benchmarking procedure, which can be the raw series ("Original"); or the series adjusted for calendar effects ("CalendarAdjusted").
rho	the value of the AR(1) parameter (set between 0 and 1) in the function used for benchmarking.
lambda	a parameter in the function used for benchmarking that relates to the weights in the regression equation; it is typically equal to 0, 1/2 or 1.
forecast	boolean indicating if the forecasts of the seasonally adjusted series and of the target variable (target) are used in the benchmarking computation so the benchmarking constrain is applied also to the forecasting period.
bias	TODO

palatej/rjd3modelling documentation built on Jan. 3, 2023, 10:19 p.m.