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We consider a statistical model for pairs of traded assets, based on a Cointegrated Vector Auto Regression (CVAR) Model. We extend standard CVAR models to incorporate estimation of model parameters in the presence of price series level…

Statistical Finance · Quantitative Finance 2010-08-03 Gareth W. Peters , Balakrishnan B. Kannan , Ben Lasscock , Chris Mellen , Simon Godsill

This paper introduces a new kind of seasonal fractional autoregressive process (SFAR) driven by fractional Gaussian noise (fGn). The new model includes a standard seasonal AR model and fGn. {The estimation of the parameters of this new…

Applications · Statistics 2025-04-01 Chunhao Cai , Yiwu Shang

Performance estimation aims at estimating the loss that a predictive model will incur on unseen data. These procedures are part of the pipeline in every machine learning project and are used for assessing the overall generalisation ability…

Machine Learning · Computer Science 2021-08-31 Vitor Cerqueira , Luis Torgo , Igor Mozetic

Causal inference in multivariate time series is challenging due to the fact that the sampling rate may not be as fast as the timescale of the causal interactions. In this context, we can view our observed series as a subsampled version of…

Methodology · Statistics 2017-04-11 Alex Tank , Emily B. Fox , Ali Shojaie

In practice, observations are often contaminated by noise, making the resulting sample covariance matrix to be an information-plus-noise-type covariance matrix. Aiming to make inferences about the spectra of the underlying true covariance…

Statistics Theory · Mathematics 2015-08-25 Ningning Xia , Xinghua Zheng

Although many time series are realizations from discrete processes, it is often that a continuous Gaussian model is implemented for modeling and forecasting the data, resulting in incoherent forecasts. Forecasts using a Poisson-Lindley…

Methodology · Statistics 2024-05-31 Rachel D. Gidaro , Jane L. Harvill

This paper develops on-line inference for the multivariate local level model, with the focus being placed on covariance estimation of the innovations. We assess the application of the inverse Wishart prior distribution in this context and…

Methodology · Statistics 2013-11-05 K. Triantafyllopoulos

The quantile spectrum was introduced in Li (2012; 2014) as an alternative tool for spectral analysis of time series. It has the capability of providing a richer view of time series data than that offered by the ordinary spectrum especially…

Methodology · Statistics 2026-03-26 Ta-Hsin Li

This paper proposes a model-free nonparametric estimator of conditional quantile of a time series regression model where the covariate vector is repeated many times for different values of the response. This type of data is abound in…

Methodology · Statistics 2021-07-07 Soudeep Deb , Kaushik Jana

A non-Bayesian, regression-based or generalized least squares (GLS)-based approach is formally proposed to estimate a class of time-varying AR parameter models. This approach has partly been used by Ito et al. (2014, 2016a,b), and is proven…

Methodology · Statistics 2017-12-22 Mikio Ito , Akihiko Noda , Tatsuma Wada

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

Vector autoregressive (VAR) models are widely used for causal discovery and forecasting in multivariate time series analysis. In the high-dimensional setting, which is increasingly common in fields such as neuroscience and econometrics,…

This paper is concerned with modeling the dependence structure of two (or more) time-series in the presence of a (possible multivariate) covariate which may include past values of the time series. We assume that the covariate influences…

Statistics Theory · Mathematics 2018-12-11 Natalie Neumeyer , Marek Omelka , Sarka Hudecova

Time series of individual subjects have become a common data type in psychological research. These data allow one to estimate models of within-subject dynamics, and thereby avoid the notorious problem of making within-subjects inferences…

Applications · Statistics 2020-03-16 Jonas M B Haslbeck , Laura F Bringmann , Lourens J Waldorp

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

Assuming stationarity is unrealistic in many time series applications. A more realistic alternative is to allow for piecewise stationarity, where the model is allowed to change at given time points. We propose a three-stage procedure for…

Methodology · Statistics 2018-05-31 Abolfazl Safikhani , Ali Shojaie

We consider a class of semi-parametric dynamic models with strong white noise errors. This class of processes includes the standard Vector Autoregressive (VAR) model, the nonfundamental structural VAR, the mixed causal-noncausal models, as…

Econometrics · Economics 2021-07-16 Christian Gourieroux , Joann Jasiak

Classical spectral methods are subject to two fundamental limitations: they only can account for covariance-related serial dependencies, and they require second-order stationarity. Much attention has been devoted lately to quantile-based…

Statistics Theory · Mathematics 2016-07-19 Stefan Birr , Stanislav Volgushev , Tobias Kley , Holger Dette , Marc Hallin

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

For the stochastic differential equation (SDE) which has piecewise continuous arguments (PCAs), is driven by multiplicative noises and its drift coefficients are dissipative, we show that the solution at integer time is a Markov chain and…

Numerical Analysis · Mathematics 2024-09-23 Chuchu Chen , Jialin Hong , Yulan Lu