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Local inference for locally stationary time series based on the empirical spectral measure

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Author Info
Dahlhaus, Rainer
Abstract

The time varying empirical spectral measure plays a major role in the treatment of inference problems for locally stationary processes. The properties of the empirical spectral measure and related statistics are studied -- both when its index function is fixed or when dependent on the sample size. In particular we prove a general central limit theorem. Several applications and examples are given including semiparametric Whittle estimation, local least squares estimation and spectral density estimation.

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File URL: http://www.sciencedirect.com/science/article/B6VC0-4VVXT0F-1/2/2097d21c885d36e64effeb63eb19492e
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Publisher Info
Article provided by Elsevier in its journal Journal of Econometrics.

Volume (Year): 151 (2009)
Issue (Month): 2 (August)
Pages: 101-112
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Handle: RePEc:eee:econom:v:151:y:2009:i:2:p:101-112

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Web page: http://www.elsevier.com/locate/jeconom

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Related research
Keywords: Empirical spectral measure Asymptotic normality Locally stationary processes Nonstationary time series;

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This page was last updated on 2010-1-4.


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