outliers_correction

k_ma

<p>This function operates in two stages. First, it substitutes missings and outliers for the median
Outliers are definited as observations that its distance from median is more than 4 times the IQR (Interquartile Range).
Second, a <code>k_ma</code> moving average is filtered in each serie, and its values are used to replace outliers and missings in the original data set.</p>

Methods and tools for 'forecast' the current state (nowcast) of Brazilian economic time series. It allows extract information in real time, creating a real time data base; estimate relationship between macroeconomic variables via estimation of dynamic factors; forecast time series in previous periods of reference; forecast time series in the current period of reference (nowcasting); recreate a data base simulating the information available in the past for evaluating forecasting models accuracy.  The econometric framework we follow is proposed in Giannone et al. (2008) <doi:10.1016/j.jmoneco.2008.05.010>.

Guilherme Branco Gomes

nowcasting

Nowcasting Analysis and Create Real-Time Data Basis

Pedro Costa Ferreira

Daiane Mattos

outliers_correction function

Outliers Correction — outliers_correction

Outliers Correction

outliers_correction: Outliers Correction

Description

Usage

Arguments