A New Random Coefficient Autoregressive Model Driven by an Unobservable State Variable

A novel random coefficient autoregressive model is proposed, and a feature of the model is the non-stationarity of the state equation. The autoregressive coefficient is an unknown function with an unobservable state variable, which can be estimated by the local linear regression method. The iterativ...

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Bibliographic Details
Main Authors: Yuxin Pang, Dehui Wang
Format: Article
Language:English
Published: MDPI AG 2024-12-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/12/24/3890
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