Time Series Concepts for Conditional Distributions*

B-Tier
Journal: Oxford Bulletin of Economics and Statistics
Year: 2003
Volume: 65
Issue: s1
Pages: 689-701

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

The paper asks the question – as time series analysis moves from consideration of conditional mean values and variances to unconditional distributions, do some of the familiar concepts devised for the first two moments continue to be helpful in the more general area? Most seem to generalize fairly easy, such as the concepts of breaks, seasonality, trends and regime switching. Forecasting is more difficult, as forecasts become distributions, as do forecast errors. Persistence can be defined and also common factors by using the idea of a copula. Aggregation is more difficult but causality and controllability can be defined. The study of the time series of quantiles becomes more relevant.

Technical Details

RePEc Handle
repec:bla:obuest:v:65:y:2003:i:s1:p:689-701
Journal Field
General
Author Count
1
Added to Database
2026-01-25