Parameter Estimation of Stochastic Processes with Long-range Dependence and Intermittency

Date

2001

Authors

Gao, Jiti
Anh, Vo
Heyde, Chris
Tieng, Quang

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Journal article

Citation

Journal of Time Series Analysis, 2001; 22 (5):517-535

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Jiti Gao , Vo Anh , Chris Heyde & Quang Tieng

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Abstract

This paper considers the case where a stochastic process may display both long-range dependence and second-order intermittency. The existence of such a process is established in Anh, Angulo and Ruiz-Medina (1999). We systematically study the estimation of parameters involved in the spectral density function of a process with long-range dependence and second-order intermittency. An estimation procedure for the parameters is given. Numerical results are presented to support the estimation procedure proposed in this paper.

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School of Economics

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© 2001 Blackwell Publishers Ltd.

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