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This paper considers fixed effects estimation and inference in linear and nonlinear panel data models with random coefficients and endogenous regressors. The quantities of interest -- means, variances, and other moments of the random…

Methodology · Statistics 2018-01-16 Ivan Fernandez-Val , Joonhwah Lee

This paper derives several novel tests to improve on the t-test for testing AR(1) coefficients of panel time series, i.e., of multiple time series, when each has a small number of observations. These tests can determine the acceptance or…

Statistics Theory · Mathematics 2015-09-23 Yu-Pin Hu , J. T. Gene Hwang

Three long memory models, ARFIMA, Timmer and Konig 1995, and a circular convolution model based on Wold's representation theorem are examined. Each model is shown to produce sequences with nonstationary generalized beta marginal…

General Mathematics · Mathematics 2024-04-10 Robert Kimberk

A general rate estimation method is proposed that is based on studying the in-sample evolution of appropriately chosen diverging/converging statistics. The proposed rate estimators are based on simple least squares arguments, and are shown…

Statistics Theory · Mathematics 2009-09-29 Tucker McElroy , Dimitris N. Politis

We introduce a new type of estimator for the spectral tail process of a regularly varying time series. The approach is based on a characterizing invariance property of the spectral tail process, which is incorporated into the new estimator…

Statistics Theory · Mathematics 2021-03-16 Holger Drees , Anja Janßen , Sebastian Neblung

We consider a change-point test based on the Hill estimator to test for structural changes in the tail index of Long Memory Stochastic Volatility time series. In order to determine the asymptotic distribution of the corresponding test…

Statistics Theory · Mathematics 2020-06-05 Annika Betken , Davide Giraudo , Rafał Kulik

We re-investigate the asymptotic properties of the traditional OLS (pooled) estimator, $\hat{\beta} _P$, in the context of cluster dependence. The present study considers various scenarios under various restrictions on the cluster sizes and…

Methodology · Statistics 2025-01-31 Subhodeep Dey , Gopal K. Basak , Samarjit Das

The first-order autoregressive process, AR (1), has been widely used and implemented in time series analysis. Different estimation methods have been employed in order to estimate the autoregressive parameter. This article focuses on…

Methodology · Statistics 2016-11-29 Hossein Masoumi Karakani , Janet van Niekerk , Paul van Staden

We propose a first-order autoregressive (i.e. AR(1)) model for dynamic network processes in which edges change over time while nodes remain unchanged. The model depicts the dynamic changes explicitly. It also facilitates simple and…

Methodology · Statistics 2022-05-12 Binyan Jiang , Jailing Li , Qiwei Yao

In this paper, we consider an inference problem for the first order autoregressive process driven by a long memory stationary Gaussian process. Suppose that the covariance function of the noise can be expressed as $\abs{k}^{2H-2}$ times a…

Statistics Theory · Mathematics 2020-12-03 Yong Chen , Li Tian , Ying Li

At high levels, the asymptotic distribution of a stationary, regularly varying Markov chain is conveniently given by its tail process. The latter takes the form of a geometric random walk, the increment distribution depending on the sign of…

Methodology · Statistics 2014-12-11 Holger Drees , Johan Segers , Michał Warchoł

In forecasting problems it is important to know whether or not recent events represent a regime change (low long-term predictive potential), or rather a local manifestation of longer term effects (potentially higher predictive potential).…

Methodology · Statistics 2014-07-09 Timothy Graves , Robert B. Gramacy , Christian Franzke , Nicholas Watkins

In this paper, we give a AR$(1)$ type of characterization covering all multivariate strictly stationary processes indexed by the set of integers. Consequently, we derive continuous time algebraic Riccati equations for the parameter matrix…

Statistics Theory · Mathematics 2019-11-05 Marko Voutilainen

Identifying and quantifying memory are often critical steps in developing a mechanistic understanding of stochastic processes. These are particularly challenging and necessary when exploring processes that exhibit long-range correlations.…

Statistical Mechanics · Physics 2016-04-20 Sarah E. Marzen , James P. Crutchfield

Quantifying predictive uncertainty of deep semantic segmentation networks is essential in safety-critical tasks. In applications like autonomous driving, where video data is available, convolutional long short-term memory networks are…

Computer Vision and Pattern Recognition · Computer Science 2023-11-14 Laura Fieback , Bidya Dash , Jakob Spiegelberg , Hanno Gottschalk

Consider a linear regression model with regression parameter beta and normally distributed errors. Suppose that the parameter of interest is theta = a^T beta where a is a specified vector. Define the parameter tau = c^T beta - t where c and…

Statistics Theory · Mathematics 2017-10-18 Paul Kabaila , Gayan Dharmarathne

We propose a stochastic process driven by memory effect with novel distributions including both exponential and leptokurtic heavy-tailed distributions. A class of distribution is analytically derived from the continuum limit of the discrete…

Statistical Finance · Quantitative Finance 2013-05-14 Jongwook Kim , Gabjin Oh

Traditional studies of memory for meaningful narratives focus on specific stories and their semantic structures but do not address common quantitative features of recall across different narratives. We introduce a statistical ensemble of…

Statistical Mechanics · Physics 2025-02-25 Weishun Zhong , Tankut Can , Antonis Georgiou , Ilya Shnayderman , Mikhail Katkov , Misha Tsodyks

This paper considers nonparametric estimation and inference in first-order autoregressive (AR(1)) models with deterministically time-varying parameters. A key feature of the proposed approach is to allow for time-varying stationarity in…

Econometrics · Economics 2024-11-04 Donald W. K. Andrews , Ming Li

For long-memory time series, inference based on resampling is of crucial importance, since the asymptotic distribution can often be non-Gaussian and is difficult to determine statistically. However due to the strong dependence, establishing…

Statistics Theory · Mathematics 2016-11-10 Shuyang Bai , Murad S. Taqqu