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Simultaneous inference for time-varying models

Sayar Karmakar, Stefan Richter, Wei Biao Wu

arXiv 26 Nov 2020 · Mathematics — Statistics Theory · publishedJournal of Econometrics (2021) · 3 citations (OpenAlex)

arXiv:2011.13157 · PDF · DOI · OpenAlex · Extracted main text

Abstract

A general class of time-varying regression models is considered in this paper. We estimate the regression coefficients by using local linear M-estimation. For these estimators, weak Bahadur representations are obtained and are used to construct simultaneous confidence bands. For practical implementation, we propose a bootstrap based method to circumvent the slow logarithmic convergence of the theoretical simultaneous bands. Our results substantially generalize and unify the treatments for several time-varying regression and auto-regression models. The performance for ARCH and GARCH models is studied in simulations and a few real-life applications of our study are presented through analysis of some popular financial datasets.

Citation extraction

54
references
90
in-text mentions
60
distinct cited
7
self-citations
11,037
main-text words

appendix boundary found by appendix_command · 31% of the source is main text. Read the extracted text to check this.

Most heavily cited references

The works this paper leans on most, across its whole bibliography — not restricted to papers in our corpus. Ranked by composite intensity, which combines how often a work is mentioned, how many sections mention it, and how much of that falls in the main text rather than the appendix.

ReferenceIntensityMentionsSectionsMain text
1barticle[author] Zhou, ZhouZ. Wu, Wei BiaoW. B (2010) ) self0.8435360%
2barticle[author] Rohan, NeelabhN. Ramanathan, T. V.T. V (2013) )0.84333100%
3barticle[author] Fryzlewicz, PiotrP., Sapatinas, TheofanisT. Subba R… (2008) a)0.81142100%
4barticle[author] Richter, S.S. Dahlhaus, R.R (2017) )0.81142100%
5barticle[author] Bollerslev, TimT (1986) )0.73732100%
6barticle[author] Fryzlewicz, PiotrP., Sapatinas, TheofanisT. Subba R… (2008) b)0.73732100%
7barticle[author] Wu, Wei BiaoW. B. Zhou, ZhouZ (2011) )0.5113233%
8barticle[author] Dahlhaus, RainerR. Polonik, WolfgangW (2009) )0.5113233%
9barticle[author] Dahlhaus, RainerR. Subba Rao, SuhasiniS (2006) )0.51121100%
10barticle[author] Hoover, Donald R.D. R., Rice, John A.J. A., Wu, Col… (1998) )0.51121100%

Showing the top 10 of 60 scored citations.

Cited by, within the corpus

arXiv econ.EM papers that cite this one, ranked by how heavily they lean on it.

Citing paperIntensityMentionsSections
1Bayesian modeling of time-varying conditional heteroscedasticity1.00064
2Unlocking the Regression Space0.73732
3Long-term prediction intervals with many covariates0.40511
4Inference on many jumps in nonparametric panel regression models0.40511
5A new GARCH model with a deterministic time-varying intercept0.40511
6Inference in a Stationary/Nonstationary Autoregressive Time-Varying-Parameter Model0.40511