Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
Many macroeconomic time series variables show signs of periodicity, that is, seasonal heteroskedasticity and seasonally varying autocorrelation structures. This paper argues that these periodic properties could in part be due to data revisions in case such revisions follow a particular format. Periodicity is shown to appear when quarterly data are revised by allocating updated annual information across the quarters in previous years. An illustration for four waves of seventeen Dutch macroeconomic data emphasizes this result.