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Consistency of a nonparametric least squares estimator in integer-valued GARCH models

Statistics Theory 2021-09-01 v2 Statistics Theory

Abstract

We consider a nonparametric version of the integer-valued GARCH(1,1) model for time series of counts. The link function in the recursion for the variances is not specified by finite-dimensional parameters, but we impose nonparametric smoothness conditions. We propose a least squares estimator for this function and show that it is consistent with a rate that we conjecture to be nearly optimal.

Keywords

Cite

@article{arxiv.2009.10383,
  title  = {Consistency of a nonparametric least squares estimator in integer-valued GARCH models},
  author = {Maximilian Wechsung and Michael H. Neumann},
  journal= {arXiv preprint arXiv:2009.10383},
  year   = {2021}
}

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24 pages