A likelihood approximation for locally stationary processes
Dahlhaus, Rainer
Ann. Statist., Tome 28 (2000) no. 3, p. 1762-1794 / Harvested from Project Euclid
A new approximation to the Gaussian likelihood of a multivariate locally stationary process is introduced. It is based on an approximation of the inverse of the covariance matrix of such processes. The new quasi likelihood is a generalization of the classical Whittle likelihood for stationary processes. Several approximation results are proved for the likelihood function. For parametric models, asymptotic normality and efficiency of the resulting estimator are derived for Gaussian locally stationary processes.
Publié le : 2000-12-14
Classification:  Locally stationary,  Whittle likelihood,  local likelihood,  preperiodogram,  generalized Toeplitz matrices,  62M10,  62F10
@article{1015957480,
     author = {Dahlhaus, Rainer},
     title = {A likelihood approximation for locally stationary
			 processes},
     journal = {Ann. Statist.},
     volume = {28},
     number = {3},
     year = {2000},
     pages = { 1762-1794},
     language = {en},
     url = {http://dml.mathdoc.fr/item/1015957480}
}
Dahlhaus, Rainer. A likelihood approximation for locally stationary
			 processes. Ann. Statist., Tome 28 (2000) no. 3, pp.  1762-1794. http://gdmltest.u-ga.fr/item/1015957480/