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Related papers: Modeling and forecasting daily average PM$_{10}$ c…

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In the literature, several epidemiological studies have already associated respiratory and cardiovascular diseases to acute exposure of mineral dust. However, frail people are also sensitive to chronic exposure to particulate matter with an…

Atmospheric and Oceanic Physics · Physics 2023-11-22 T. Plocoste , R. Carmona-Cabezas , F. J. Jimenez-Hornero , E. Gutierrez de Rave

The standard approach for studying the periodic ARMA model with coefficients that vary over the seasons is to express it in a vector form. In this paper we introduce an alternative method which views the periodic formulation as a time…

Methodology · Statistics 2014-03-20 Menelaos Karanasos , Alexandros Paraskevopoulos , Stavros Dafnos

In order to accurately describe real systems with seasonal disturbances, which normally appear monthly or quarterly cycles, a novel discrete grey seasonal model, abbreviated as , is put forward by incorporating the seasonal dummy variables…

Applications · Statistics 2020-03-26 Weijie Zhou , Jiao Pan , Song Ding , Xiaoli Wu

Winds from the North-West quadrant and lack of precipitation are known to lead to an increase of PM10 concentrations over a residential neighborhood in the city of Taranto (Italy). In 2012 the local government prescribed a reduction of…

Applications · Statistics 2017-04-18 Gianluca Mastrantonio , Alessio Pollice , Francesca Fedele

Dynamic factor models are often estimated by point-estimation methods, disregarding parameter uncertainty. We propose a method accounting for parameter uncertainty by means of posterior approximation, using variational inference. Our…

Methodology · Statistics 2022-10-14 Erik Spånberg

Electricity price forecasting (EPF) is essential for energy markets stakeholders (e.g. grid operators, energy traders, policymakers) but remains challenging due to the inherent volatility and nonlinearity of price signals. Traditional…

Artificial Intelligence · Computer Science 2026-02-06 Kritchanat Ponyuenyong , Pengyu Tu , Jia Wei Tan , Wei Soon Cheong , Jamie Ng Suat Ling , Lianlian Jiang

Reanalysis products such as the ERA5 reanalysis are commonly used as proxies for observed atmospheric conditions. These products are convenient to use due to their global coverage, the large number of available atmospheric variables and the…

Applications · Statistics 2025-07-03 Silius M. Vandeskog , Thordis L. Thorarinsdottir , Alex Lenkoski

This paper presents a case study on short-term load forecasting for France, with emphasis on special days, such as public holidays. We investigate the generalisability to French data of a recently proposed approach, which generates…

Applications · Statistics 2018-03-28 Siddharth Arora , James W. Taylor

We present a discrete time stochastic volatility model in which the conditional distribution of the logreturns is a Variance-Gamma, that is a normal variance-mean mixture with Gamma mixing density. We assume that the Gamma mixing density is…

Pricing of Securities · Quantitative Finance 2014-05-29 Lorenzo Mercuri , Fabio Bellini

This paper provides an insight to the time-varying dynamics of the shape of the distribution of financial return series by proposing an exponential weighted moving average model that jointly estimates volatility, skewness and kurtosis over…

Risk Management · Quantitative Finance 2012-06-08 A. Gabrielsen , P. Zagaglia , A. Kirchner , Z. Liu

Although by now the ensemble-based probabilistic forecasting is the most advanced approach to weather prediction, ensemble forecasts still might suffer from lack of calibration and/or display systematic bias, thus require some…

Applications · Statistics 2024-09-18 Ágnes Baran , Sándor Baran

Air contamination in urban areas has risen consistently over the past few years. Due to expanding industrialization and increasing concentration of toxic gases in the climate, the air is getting more poisonous step by step at an alarming…

Machine Learning · Computer Science 2021-05-13 Satvik Garg , Himanshu Jindal

A typical problem in air pollution epidemiology is exposure assessment for individuals for which health data are available. Due to the sparsity of monitoring sites and the limited temporal frequency with which measurements of air pollutants…

Multiple seasonal patterns play a key role in time series forecasting, especially for business time series where seasonal effects are often dramatic. Previous approaches including Fourier decomposition, exponential smoothing, and seasonal…

Machine Learning · Statistics 2020-12-03 Hyunji Moon , Bomi Song , Hyeonseop Lee

In this project, we investigate the accuracy of forecasting intraday and daily trading volume of the exchange-traded fund SPY. The ability to forecast volume over varying time intervals with high accuracy is a critical element to many…

Applications · Statistics 2024-06-26 Ananya Krishnan , Martin Pollack , Alma Cooper

Here we present a theoretical study on the main properties of Fractionally Integrated Exponential Generalized Autoregressive Conditional Heteroskedastic (FIEGARCH) processes. We analyze the conditions for the existence, the invertibility,…

Statistics Theory · Mathematics 2013-03-26 Sílvia R. C. Lopes , Taiane S. Prass

The Mat\'ern covariance model is ubiquitous in spatial modelling, but there is no default choice for spatio-temporal modelling. In this paper, we consider the recently proposed ``diffusion-based'' extension of the spatial Mat\'ern…

Methodology · Statistics 2026-04-30 S. Knutsen Furset , Geir-Arne Fuglstad , Espen R. Jakobsen

In practice, several time series exhibit long-range dependence or persistence in their observations, leading to the development of a number of estimation and prediction methodologies to account for the slowly decaying autocorrelations. The…

Computation · Statistics 2016-09-09 Javier E. Contreras-Reyes , Wilfredo Palma

This work is devoted to the study of modeling geophysical and financial time series. A class of volatility models with time-varying parameters is presented to forecast the volatility of time series in a stationary environment. The modeling…

Seasonal point processes refer to stochastic models for random events which are only observed in a given season. We develop nonparametric Bayesian methodology to study the dynamic evolution of a seasonal marked point process intensity. We…

Applications · Statistics 2016-08-08 Sai Xiao , Athanasios Kottas , Bruno Sansó