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We derive generalization error bounds for traditional time-series forecasting models. Our results hold for many standard forecasting tools including autoregressive models, moving average models, and, more generally, linear state-space…

Statistics Theory · Mathematics 2022-03-18 Daniel J. McDonald , Cosma Rohilla Shalizi , Mark Schervish

In this paper, we study a general class of causal processes with exogenous covariates, including many classical processes such as the ARMA-GARCH, APARCH, ARMAX, GARCH-X and APARCH-X processes. Under some Lipschitz-type conditions, the…

Statistics Theory · Mathematics 2021-09-07 Mamadou Lamine Diop , William Kengne

Quantile Regression (QR) can be used to estimate aleatoric uncertainty in deep neural networks and can generate prediction intervals. Quantifying uncertainty is particularly important in critical applications such as clinical diagnosis,…

Machine Learning · Computer Science 2023-09-15 Haleh Akrami , Omar Zamzam , Anand Joshi , Sergul Aydore , Richard Leahy

Quantile regression is a powerful tool for detecting exposure-outcome associations given covariates across different parts of the outcome's distribution, but has two major limitations when the aim is to infer the effect of an exposure.…

We propose a new family of error distributions for model-based quantile regression, which is constructed through a structured mixture of normal distributions. The construction enables fixing specific percentiles of the distribution while,…

Methodology · Statistics 2017-02-10 Yifei Yan , Athanasios Kottas

We propose a parsimonious quantile regression framework to learn the dynamic tail behaviors of financial asset returns. Our model captures well both the time-varying characteristic and the asymmetrical heavy-tail property of financial time…

Risk Management · Quantitative Finance 2020-10-19 Xing Yan , Weizhong Zhang , Lin Ma , Wei Liu , Qi Wu

While the Vector Autoregression (VAR) model has received extensive attention for modelling complex time series, quantile VAR analysis remains relatively underexplored for high-dimensional time series data. To address this disparity, we…

Methodology · Statistics 2024-04-30 Wenyang Liu , Ganggang Xu , Jianqing Fan , Xuening Zhu

In this paper we derive the asymptotic properties of the least squares estimator (LSE) of autoregressive moving-average (ARMA) models with regime changes under the assumption that the errors are uncorrelated but not necessarily independent.…

Statistics Theory · Mathematics 2019-07-11 Yacouba Boubacar Maïnassara , Landy Rabehasaina

Quantile regression has demonstrated promising utility in longitudinal data analysis. Existing work is primarily focused on modeling cross-sectional outcomes, while outcome trajectories often carry more substantive information in practice.…

Methodology · Statistics 2018-06-19 Huijuan Ma , Limin Peng , Haoda Fu

We propose a generalization of the linear panel quantile regression model to accommodate both \textit{sparse} and \textit{dense} parts: sparse means while the number of covariates available is large, potentially only a much smaller number…

Econometrics · Economics 2022-08-24 Alexandre Belloni , Mingli Chen , Oscar Hernan Madrid Padilla , Zixuan , Wang

We show that the estimating equations for quantile regression can be solved using a simple EM algorithm in which the M-step is computed via weighted least squares, with weights computed at the E-step as the expectation of independent…

Methodology · Statistics 2021-06-29 Haim Y. Bar , James G. Booth , Martin T. Wells

In this paper, we consider the problem of estimating the marginal density in some nonlinear autoregressive time series models for which the conditional mean and variance have a parametric specification. Under some regularity conditions, we…

Statistics Theory · Mathematics 2016-10-31 Lionel Truquet

In order to calculate the unobserved volatility in conditional heteroscedastic time series models, the natural recursive approximation is very often used. Following \cite{StraumannMikosch2006}, we will call the model \emph{invertible} if…

Statistics Theory · Mathematics 2012-12-18 Alexey Sorokin

A general class of time-varying regression models is considered in this paper. We estimate the regression coefficients by using local linear M-estimation. For these estimators, weak Bahadur representations are obtained and are used to…

Statistics Theory · Mathematics 2021-03-09 Sayar Karmakar , Stefan Richter , Wei Biao Wu

It is common for long financial time series to exhibit gradual change in the unconditional volatility. We propose a new model that captures this type of nonstationarity in a parsimonious way. The model augments the volatility equation of a…

Econometrics · Economics 2024-10-15 Niklas Ahlgren , Alexander Back , Timo Teräsvirta

In this paper, we present the asymptotic properties of the moment estimator for autoregressive (AR for short) models subject to Markovian changes in regime under the assumption that the errors are uncorrelated but not necessarily…

Statistics Theory · Mathematics 2025-03-06 Yacouba Boubacar Mainassara , Landy Rabehasaina , Armel Bra

This paper considers the quantile regression model with both individual fixed effect and time period effect for general spatial panel data. Instrumental variable quantile regression estimators will be proposed. Asymptotic properties of the…

Methodology · Statistics 2016-08-08 Xiaowen Dai , Zhen Yan , Maozai Tian , Manlai Tang

In this article, we develop a semiparametric Bayesian estimation and model selection approach for partially linear additive models in conditional quantile regression. The asymmetric Laplace distribution provides a mechanism for Bayesian…

Computation · Statistics 2013-07-11 Yuao Hu , Kaifeng Zhao , Heng Lian

We consider a statistical model of a n-mode quantum Gaussian state which is shift invariant and also gauge invariant. Such models can be considered analogs of classical Gaussian stationary time series, parametrized by their spectral…

Statistics Theory · Mathematics 2026-04-08 Michael Nussbaum , Arleta Szkoła

The modeling of high-frequency data that qualify financial asset transactions has been an area of relevant interest among statisticians and econometricians -- above all, the analysis of time series of financial durations. Autoregressive…

Methodology · Statistics 2023-08-31 Helton Saulo , Suvra Pal , Rubens Souza , Roberto Vila , Alan Dasilva