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On multiplicative seasonal modelling for vector time series

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Author Info
Ursu, Eugen
Duchesne, Pierre
Abstract

Many time series encountered in real applications display seasonal behavior. In this paper, we consider multiplicative seasonal vectorial autoregressive moving average (SVARMA) models to describe seasonal vector time series. We discuss conditional maximum likelihood estimation of the model parameters, allowing them to satisfy general linear constraints. Having fitted a model, residual autocovariances (or autocorrelations) have been found useful in checking time series models. Consequently, we obtain the asymptotic distributions of the residual autocovariance matrices. As applications of these results, Portmanteau test statistics are proposed and their asymptotic distributions are studied. The finite-sample properties of the test statistics are evaluated using Monte Carlo experiments.

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Publisher Info
Article provided by Elsevier in its journal Statistics & Probability Letters.

Volume (Year): 79 (2009)
Issue (Month): 19 (October)
Pages: 2045-2052
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Handle: RePEc:eee:stapro:v:79:y:2009:i:19:p:2045-2052

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