A point on discrete versus continuous state-space Markov chains

Location

Room 321, Hume Hall

Start Date

27-4-2024 10:00 AM

End Date

27-4-2024 11:00 AM

Description

In this poster, I will explore the impact of discrete marginals on copula-based Markov chains. We analyze the mixing properties of such models to emphasize the difference between continuous and discrete state-space Markov chains. The Maximum likelihood approach is applied to derive estimators for model parameters in the case of a discrete-state space Markov chain with Bernoulli marginal distribution. A stationary case and a non-stationary case are considered. The asymptotic distributions of parameter estimators are provided. A simulation study showcases the performance of different estimators for the Bernoulli parameter of the marginal distribution. Some statistical tests are provided for model parameters.

Relational Format

conference proceeding

Comments

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Apr 27th, 10:00 AM Apr 27th, 11:00 AM

A point on discrete versus continuous state-space Markov chains

Room 321, Hume Hall

In this poster, I will explore the impact of discrete marginals on copula-based Markov chains. We analyze the mixing properties of such models to emphasize the difference between continuous and discrete state-space Markov chains. The Maximum likelihood approach is applied to derive estimators for model parameters in the case of a discrete-state space Markov chain with Bernoulli marginal distribution. A stationary case and a non-stationary case are considered. The asymptotic distributions of parameter estimators are provided. A simulation study showcases the performance of different estimators for the Bernoulli parameter of the marginal distribution. Some statistical tests are provided for model parameters.