Publication

Entropy-based benchmarking methods

Temurshoev, U., 2012, Groningen: GGDC, (GGDC Working Papers; vol. GD-122).

Research output: Working paperAcademic

Copy link to clipboard

Documents

  • gd122.pdf

    Final publisher's version, 723 KB, PDF document

  • Umed Temurshoev
We argue that benchmarking sign-volatile series should be based on the principle of movement and sign preservation, which states that a bench-marked series should reproduce the movement and signs in the original series. We show that the widely used variants of Denton (1971) method and the growth preservation method of Causey and Trager (1981) may violate this principle, while its requirements are explicitly taken into account in the pro-posed entropy-based benchmarking methods. Our illustrative examples show that the entropy-based methods can be regarded as plausible competitors for current benchmarking methods, and maybe preferred in certain cases.
Original languageEnglish
Place of PublicationGroningen
PublisherGGDC
Number of pages0
VolumeGD-122
Publication statusPublished - 2012

Publication series

NameGGDC Working Papers
PublisherGGDC
VolumeGD-122

    Keywords

  • generalized cross-entropy estimator mathematical models, benchmarking

Download statistics

No data available

ID: 15517758