This article describes a technique for distributing quarterly time series across monthly values. The method generalizes an approach described by Fernández (1981). The article also presents results of a test of the accuracy of these two approaches and of the accuracy of two standard procedures suggested by Chow and Lin (1971).
The Journal of Business & Economic Statistics (JBES) has been published quarterly since 1983 by the American Statistical Association. It serves as a unique meeting place for applied economists, econometricians, and statisticians developing appropriate empirical methodologies for a broad range of topics in business and economics. It has been consistently ranked among the top ten of all economics journals in recent surveys. The coverage includes forecasting, data quality, policy evaluation, all topics in empirical economics, finance, marketing, etc. Publication typically requires a significant methodological contribution and a substantive practical application. However, JBES will also publish within the areas of computation, simulation, networking and graphics as long as the intended applications are closely related to general topics of interest for the journal.
Building on two centuries' experience, Taylor & Francis has grown rapidlyover the last two decades to become a leading international academic publisher.The Group publishes over 800 journals and over 1,800 new books each year, coveringa wide variety of subject areas and incorporating the journal imprints of Routledge,Carfax, Spon Press, Psychology Press, Martin Dunitz, and Taylor & Francis.Taylor & Francis is fully committed to the publication and dissemination of scholarly information of the highest quality, and today this remains the primary goal.
This item is part of JSTOR collection
For terms and use, please refer to our Terms and Conditions
Journal of Business & Economic Statistics
© 1983 American Statistical Association
Request Permissions