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Methods of estimation and forecasting for stationary models are well known in classical time series analysis. However, stationarity is an idealization which, in practice, can at best hold as an approximation, but for many time series may be…

Methodology · Statistics 2021-06-08 Shreyan Ganguly , Peter F. Craigmile

Frequency domain methods form a ubiquitous part of the statistical toolbox for time series analysis. In recent years, considerable interest has been given to the development of new spectral methodology and tools capturing dynamics in the…

Statistics Theory · Mathematics 2022-12-23 Yuichi Goto , Tobias Kley , Ria Van Hecke , Stanislav Volgushev , Holger Dette , Marc Hallin

This article introduces the class of continuous time locally stationary wavelet processes. Continuous time models enable us to properly provide scale-based time series models for irregularly-spaced observations for the first time, while…

Statistics Theory · Mathematics 2025-03-19 Henry Antonio Palasciano , Marina I. Knight , Guy P. Nason

In this paper, we present an alternative method for the spectral analysis of a univariate, strictly stationary time series $\{Y_t\}_{t\in \mathbb {Z}}$. We define a "new" spectrum as the Fourier transform of the differences between copulas…

Statistics Theory · Mathematics 2015-06-03 Holger Dette , Marc Hallin , Tobias Kley , Stanislav Volgushev

In this paper I introduce quantile spectral densities that summarize the cyclical behavior of time series across their whole distribution by analyzing periodicities in quantile crossings. This approach can capture systematic changes in the…

Statistics Theory · Mathematics 2013-08-28 Andreas Hagemann

In this paper, we give a new covariation spectral representation of some non stationary symmetric $\alpha$-stable processes (S$\alpha$S). This representation is based on a weaker covariation pseudo additivity condition which is more general…

Probability · Mathematics 2008-02-22 Nourddine Azzaoui

We develop an estimator for the high-dimensional covariance matrix of a locally stationary process with a smoothly varying trend and use this statistic to derive consistent predictors in non-stationary time series. In contrast to the…

Methodology · Statistics 2020-01-08 Holger Dette , Weichi Wu

We introduce a wavelet-based model of local stationarity. This model enlarges the class of locally stationary wavelet processes and contains processes whose spectral density function may change very suddenly in time. A notion of…

Statistics Theory · Mathematics 2008-08-12 Sébastien Van Bellegem , Rainer von Sachs

A time-varying empirical spectral process indexed by classes of functions is defined for locally stationary time series. We derive weak convergence in a function space, and prove a maximal exponential inequality and a…

Statistics Theory · Mathematics 2009-02-10 Rainer Dahlhaus , Wolfgang Polonik

We propose localized spectral estimators for the quadratic covariation and the spot covolatility of diffusion processes which are observed discretely with additive observation noise. The eligibility of this approach to lead to an…

Statistics Theory · Mathematics 2015-03-19 Markus Bibinger , Markus Reiß

The goal of this paper is to develop a measure for characterizing complex dependence between stationary time series that cannot be captured by traditional measures such as correlation and coherence. Our approach is to use copula models of…

Methodology · Statistics 2018-09-26 Charles Fontaine , Ron D. Frostig , Hernando Ombao

We consider estimation of quantile curves for a general class of nonstationary processes. Consistency and central limit results are obtained for local linear quantile estimates under a mild short-range dependence condition. Our results are…

Statistics Theory · Mathematics 2009-08-26 Zhou Zhou , Wei Biao Wu

Statistical inference for stochastic processes with time-varying spectral characteristics has received considerable attention in recent decades. We develop a nonparametric test for stationarity against the alternative of a smoothly…

Statistics Theory · Mathematics 2010-01-14 Efstathios Paparoditis

Discrimination between non-stationarity and long-range dependency is a difficult and long-standing issue in modelling financial time series. This paper uses an adaptive spectral technique which jointly models the non-stationarity and…

Statistical Finance · Quantitative Finance 2019-02-12 Nick James , Roman Marchant , Richard Gerlach , Sally Cripps

In this paper, we study nonparametric models allowing for locally stationary regressors and a regression function that changes smoothly over time. These models are a natural extension of time series models with time-varying coefficients. We…

Statistics Theory · Mathematics 2013-02-19 Michael Vogt

We adapt the classical definition of locally stationary processes in discrete-time to the continuous-time setting and obtain equivalent representations in the time and frequency domain. From this, a unique time-varying spectral density is…

Probability · Mathematics 2021-04-29 Annemarie Bitter , Robert Stelzer , Bennet Ströh

Existing permanental processes often impose constraints on kernel types or stationarity, limiting the model's expressiveness. To overcome these limitations, we propose a novel approach utilizing the sparse spectral representation of…

Machine Learning · Statistics 2024-12-20 Zicheng Sun , Yixuan Zhang , Zenan Ling , Xuhui Fan , Feng Zhou

The literature on time series of functional data has focused on processes of which the probabilistic law is either constant over time or constant up to its second-order structure. Especially for long stretches of data it is desirable to be…

Methodology · Statistics 2020-07-21 Anne van Delft , Michael Eichler

In a wide range of applications, the stochastic properties of the observed time series change over time. The changes often occur gradually rather than abruptly: the prop- erties are (approximately) constant for some time and then slowly…

Methodology · Statistics 2014-03-18 Michael Vogt , Holger Dette

The article contains an overview over locally stationary processes. At the beginning time varying autoregressive processes are discussed in detail - both as as a deep example and an important class of locally stationary processes. In the…

Statistics Theory · Mathematics 2012-02-06 Rainer Dahlhaus
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