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The extremal index parameter theta characterizes the degree of local dependence in the extremes of a stationary time series and has important applications in a number of areas, such as hydrology, telecommunications, finance and…

统计方法学 · 统计学 2010-05-25 Kamal Hamidieh , Stilian A. Stoev , George Michailidis

The occurrence of successive extreme observations can have an impact on society. In extreme value theory there are parameters to evaluate the effect of clustering of high values, such as the extremal index. The estimation of the extremal…

统计方法学 · 统计学 2021-08-03 Helena Ferreira , Marta Ferreira

The extremal index $\theta$, a number in the interval $[0,1]$, is known to be a measure of primal importance for analyzing the extremes of a stationary time series. New rank-based estimators for $\theta$ are proposed which rely on the…

统计理论 · 数学 2020-06-30 Axel Bücher , Tobias Jennessen

The multivariate extremal index function relates the asymptotic distribution of the vector of pointwise maxima of a multivariate stationary sequence to that of the independent sequence from the same stationary distribution. It also measures…

应用统计 · 统计学 2008-11-14 Christian Y. Robert

The extremes of a stationary time series typically occur in clusters. A primary measure for this phenomenon is the extremal index, representing the reciprocal of the expected cluster size. Both a disjoint and a sliding blocks estimator for…

统计理论 · 数学 2017-07-14 Betina Berghaus , Axel Bücher

The extremal index is an important parameter in the characterization of extreme values of a stationary sequence. Our new estimation approach for this parameter is based on the extremal behavior under the local dependence condition…

统计理论 · 数学 2015-05-11 Helena Ferreira , Marta Ferreira

In extreme value statistics for stationary sequences, blocks estimators are usually constructed by using disjoint blocks because exceedances over high thresholds of different blocks can be assumed asymptotically independent. In this paper…

统计理论 · 数学 2008-12-23 Christian Y. Robert , Johan Segers , Christopher A. T. Ferro

The extreme value index is a fundamental parameter in univariate Extreme Value Theory (EVT). It captures the tail behavior of a distribution and is central in the extrapolation beyond observed data. Among other semi-parametric methods (such…

统计理论 · 数学 2017-05-02 Clément Dombry , Ana Ferreira

Both marginal and dependence features must be described when modelling the extremes of a stationary time series. There are standard approaches to marginal modelling, but long- and short-range dependence of extremes may both appear. In…

统计方法学 · 统计学 2016-03-17 Thomas Lugrin , Anthony C. Davison , Jonathan A. Tawn

Regularly varying space-time processes have proved useful to study extremal dependence in space-time data. We propose a semiparametric estimation procedure based on a closed form expression of the extremogram to estimate parametric models…

统计方法学 · 统计学 2018-07-17 Sven Buhl , Richard A. Davis , Claudia Klüppelberg , Christina Steinkohl

The main approach to inference for multivariate extremes consists in approximating the joint upper tail of the observations by a parametric family arising in the limit for extreme events. The latter may be expressed in terms of…

统计方法学 · 统计学 2015-06-17 Raphaël Huser , Anthony C. Davison , Marc G. Genton

The present article is devoted to the semi-parametric estimation of multivariate expectiles for extreme levels. The considered multivariate risk measures also include the possible conditioning with respect to a functional covariate,…

统计理论 · 数学 2023-03-30 Elena Di Bernardino , Thomas Laloë , Cambyse Pakzad

Extreme value analysis for time series is often based on the block maxima method, in particular for environmental applications. In the classical univariate case, the latter is based on fitting an extreme-value distribution to the sample of…

统计理论 · 数学 2026-04-20 Axel Bücher , Erik Haufs

A central issue in the theory of extreme values focuses on suitable conditions such that the well-known results for the limiting distributions of the maximum of i.i.d. sequences can be applied to stationary ones. In this context, the…

统计理论 · 数学 2017-02-07 Helena Ferreira , Marta Ferreira

The block maxima (BM) approach in extreme value analysis fits a sample of block maxima to the Generalized Extreme Value (GEV) distribution. We consider all potential blocks from a sample, which leads to the All Block Maxima (ABM) estimator.…

统计理论 · 数学 2026-04-14 Jochem Oorschot , Chen Zhou

The risk of catastrophes is related to the possibility of occurring extreme values. Several statistical methodologies have been developed in order to evaluate the propensity of a process for the occurrence of high values and the permanence…

统计理论 · 数学 2019-05-08 Helena Ferreira , Marta Ferreira

We investigate the joint asymptotic behavior of so-called blocks estimator of the extremal index, that determines the mean length of clusters of extremes, based on the exceedances over different thresholds. Due to the large bias of these…

统计方法学 · 统计学 2011-07-06 Holger Drees

We generalize the concept of extremal index of a stationary random sequence to the series scheme of identically distributed random variables with random series sizes tending to infinity in probability. We introduce new extremal indices…

概率论 · 数学 2020-09-22 Alexey V. Lebedev

The extremal dependence structure of a regularly varying $d$-dimensional random vector can be described by its angular measure. The standard nonparametric estimator of this measure is the empirical measure of the observed angles of the $k$…

统计理论 · 数学 2025-03-31 Holger Drees

In this paper, a novel approach to the problem of estimating the heavy-tail exponent alpha>0 of a distribution is proposed. It is based on the fact that block-maxima of size m of the independent and identically distributed data scale at a…

统计理论 · 数学 2007-06-13 Stilian A. Stoev , George Michailidis , Murad S. Taqqu
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