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Identifying network Granger causality in large vector autoregressive (VAR) models enhances explanatory power by capturing complex dependencies among variables. This study proposes a methodology that explores latent community structures to…

Methodology · Statistics 2026-04-14 Younghoon Kim , Changryong Baek

Multivariate dynamic time series models are widely encountered in practical studies, e.g., modelling policy transmission mechanism and measuring connectedness between economic agents. To better capture the dynamics, this paper proposes a…

Econometrics · Economics 2020-10-06 Yayi Yan , Jiti Gao , Bin Peng

A useful approach for analysing multiple time series is via characterising their spectral density matrix as the frequency domain analog of the covariance matrix. When the dimension of the time series is large compared to their length,…

Statistics Theory · Mathematics 2018-10-29 Mark Fiecas , Chenlei Leng , Weidong Liu , Yi Yu

The literature on multivariate time series is, largely, limited to either models based on the multivariate Gaussian distribution or models specifically developed for a given application. In this paper we develop a general approach which is…

Methodology · Statistics 2025-12-02 Jonas Andersson , Dimitris Karlis

Multivariate time series present many challenges, especially when they are high dimensional. The paper's focus is twofold. First, we address the subject of consistently estimating the autocovariance sequence; this is a sequence of matrices…

Statistics Theory · Mathematics 2015-06-03 Carsten Jentsch , Dimitris N. Politis

Modern technology often generates data with complex structures in which both response and explanatory variables are matrix-valued. Existing methods in the literature are able to tackle matrix-valued predictors but are rather limited for…

Methodology · Statistics 2017-08-01 Shanshan Ding , R. Dennis Cook

Multivariate time series exhibit two types of dependence: across variables and across time points. Vine copulas are graphical models for the dependence and can conveniently capture both types of dependence in the same model. We derive the…

Methodology · Statistics 2022-03-16 Thomas Nagler , Daniel Krüger , Aleksey Min

This article considers to model large-dimensional matrix time series by introducing a regression term to the matrix factor model. This is an extension of classic matrix factor model to incorporate the information of known factors or useful…

Methodology · Statistics 2024-11-26 Yongchang Hui , Yuteng Zhang , Siting Huang

This article studies identification and estimation for the network vector autoregressive model with nonstationary regressors. In particular, network dependence is characterized by a nonstochastic adjacency matrix. The information set…

Econometrics · Economics 2024-01-09 Christis Katsouris

Conditions are obtained for a Gaussian vector autoregressive time series of order $k$, VAR($k$), to have univariate margins that are autoregressive of order $k$ or lower-dimensional margins that are also VAR($k$). This can lead to…

Methodology · Statistics 2023-05-25 Lin Zhang , Harry Joe , Natalia Nolde

Vector autoregressive (VAR) models assume linearity between the endogenous variables and their lags. This assumption might be overly restrictive and could have a deleterious impact on forecasting accuracy. As a solution, we propose…

Econometrics · Economics 2021-03-10 Florian Huber , Luca Rossini

There are three equivalent ways of representing two jointly observed real-valued signals: as a bivariate vector signal, as a single complex-valued signal, or as two analytic signals known as the rotary components. Each representation has…

Methodology · Statistics 2017-03-16 Adam M. Sykulski , Sofia C. Olhede , Jonathan M. Lilly , Jeffrey J. Early

In this paper, we show that the recent integration of statistical models with deep recurrent neural networks provides a new way of formulating volatility (the degree of variation of time series) models that have been widely used in time…

Machine Learning · Computer Science 2018-12-06 Rui Luo , Weinan Zhang , Xiaojun Xu , Jun Wang

For general panel data, by introducing network structure, network vector autoregressive (NVAR) model captured the linear inter dependencies among multiple time series. In this paper, we propose network vector autoregressive model for dyadic…

Applications · Statistics 2022-05-31 Jiajia Wang

The classical vector autoregressive model is a fundamental tool for multivariate time series analysis. However, it involves too many parameters when the number of time series and lag order are even moderately large. This paper proposes to…

Methodology · Statistics 2020-11-04 Di Wang , Yao Zheng , Heng Lian , Guodong Li

We consider estimation of covariance matrices and their inverses (a.k.a. precision matrices) for high-dimensional stationary and locally stationary time series. In the latter case the covariance matrices evolve smoothly in time, thus…

Statistics Theory · Mathematics 2014-01-07 Xiaohui Chen , Mengyu Xu , Wei Biao Wu

We present a method for the joint analysis of a panel of possibly nonstationary time series. The approach is Bayesian and uses a covariate-dependent infinite mixture model to incorporate multiple time series, with mixture components…

Methodology · Statistics 2020-06-05 Michael Bertolacci , Ori Rosen , Edward Cripps , Sally Cripps

This paper introduces the novel class of modulated cyclostationary processes, a class of non-stationary processes exhibiting frequency coupling, and proposes a method of their estimation from repeated trials. Cyclostationary processes also…

Methodology · Statistics 2012-10-25 Sofia C. Olhede , Hernando Ombao

We propose Variational Heteroscedastic Volatility Model (VHVM) -- an end-to-end neural network architecture capable of modelling heteroscedastic behaviour in multivariate financial time series. VHVM leverages recent advances in several…

Statistical Finance · Quantitative Finance 2022-04-13 Zexuan Yin , Paolo Barucca

This paper deals with the time-varying high dimensional covariance matrix estimation. We propose two covariance matrix estimators corresponding with a time-varying approximate factor model and a time-varying approximate characteristic-based…

Econometrics · Economics 2019-10-29 Jaeheon Jung