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Converting Aggregates of Weekly Data into Monthly Values

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  • Pierre A. Cholette
  • Norma B. Chhab

Abstract

This paper presents a method to convert data referring to a varying number of days or weeks—typically 4 or 5 weeks—into monthly values. The method consists of interpolating daily values from such data and of reaggregating these values into monthly (or weekly) values. The interpolation is a particular application of an appropriate variant of the Denton bench‐marking method: A daily pattern, i.e. a weekly sequence of relative daily weights, is adjusted to comply with the available data.

Suggested Citation

  • Pierre A. Cholette & Norma B. Chhab, 1991. "Converting Aggregates of Weekly Data into Monthly Values," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 40(3), pages 411-422, November.
    • Handle: RePEc:bla:jorssc:v:40:y:1991:i:3:p:411-422
    DOI: 10.2307/2347521
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    Cited by:

    1. Mr. Marco Marini & Mr. Tommaso Di Fonzo, 2011. "A Newton's Method for Benchmarking Time Series According to a Growth Rates Preservation Principle," IMF Working Papers 2011/179, International Monetary Fund.

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