Norges Bank

Staff Memo

Calculation of weights for the regional network

Author:
Kjetil Martinsen and Fredrik Wulfsberg
Series:
Staff Memo
Number:
5/2010

Abstract

This memo documents the structure and use of weights for observations from the regional network. With effect from round 3/09, observations from the network have been weighted using a new set of weights that better capture variations in size between sectors and regions and over time. The national and sector averages based on the new weights are nevertheless highly correlated with the averages based on the old weights.

Staff Memos present reports and documentation written by staff members and affiliates of Norges Bank, the central bank of Norway. Views and conclusions expressed in Staff Memos should not be taken to represent the views of Norges Bank.

ISSN 1504-2596 (online)

Published 27 April 2010 14:15
Edited 2 June 2010 10:08
Published 27 April 2010 14:15
Edited 2 June 2010 10:08