The Construction and Use of Approximations for Missing Quarterly Observations: A Model-Based Approach
缺失季度观测的近似构造与使用:基于模型的方法
We use a model-based approach to derive quarterly figures on several variables for the aggregate labor market in the Netherlands that are only observed annually. These approximations are conditional expectations derived from univariate and bivariate quarterly time series models for the series under consideration. They are subsequently used as proxies to estimate and analyze the structural labor market equations. Attention is given to the properties of estimation procedures…