Skip to contents

creates a holiday falling on a fixed day each year, with an optional weight and period of validity, like Christmas which is always celebrated on December 25th.

Usage

fixed_day(month, day, weight = 1, validity = NULL)

Arguments

month, day

the month and the day of the fixed day to add.

weight

weight associated to the holiday.

validity

validity period: either NULL (full sample) or a named list with "start" and/or "end" dates in the format "YYYY-MM-DD".

Value

returns an object of class c("JD3_FIXEDDAY","JD3_HOLIDAY")

References

More information on calendar correction in JDemetra+ online documentation: https://jdemetra-new-documentation.netlify.app/a-calendar-correction

Examples

day <- fixed_day(7, 21, .9)
day  # July 21st, with weight=0.9, on the whole sample
#> Fixed day: month=7, day=21 , weight=0.9
day <- fixed_day(12, 25, .5, validity = list(start = "2010-01-01"))
day # December 25th, with weight=0.5, from January 2010
#> Fixed day: month=12, day=25 , weight=0.5 , from=2010-01-01
day <- fixed_day(12, 25, .5, validity = list(start="1968-02-01", end = "2010-01-01"))
day # December 25th, with weight=0.9, from February 1968 until January 2010
#> Fixed day: month=12, day=25 , weight=0.5 , from=1968-02-01 , to=2010-01-01