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Efficient order selection algorithms for integer-valued ARMA processes

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Author Info
Víctor Enciso-Mora
Peter Neal
T. Subba Rao
Abstract

We consider the problem of model (order) selection for integer-valued autoregressive moving-average (INARMA) processes. A very efficient reversible jump Markov chain Monte Carlo (RJMCMC) algorithm is constructed for moving between INARMA processes of different orders. An alternative in the form of the EM algorithm is given for determining the order of an integer-valued autoregressive (INAR) process. Both algorithms are successfully applied to both simulated and real data sets. Copyright 2008 The Authors. Journal compilation 2008 Blackwell Publishing Ltd

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-9892.2008.00592.x
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Publisher Info
Article provided by Blackwell Publishing in its journal Journal of Time Series Analysis.

Volume (Year): 30 (2009)
Issue (Month): 1 (01)
Pages: 1-18
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Handle: RePEc:bla:jtsera:v:30:y:2009:i:1:p:1-18

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This page was last updated on 2009-10-26.


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