Time Series Model Identification by Estimating Information.
Abstract
Statisticians, economists, and system engineers are becoming aware that to identify models for time series and dynamic systems, information theoretic ideas can plan a valuable (and unifying) role. This paper discusses how models for a univariate or multivariate time series Y(t) can be formulated as hypotheses about the information divergence between alternative models for the conditional probability density of Y(t) given various bases involving past, current, and future values of Y(.) and related time series x(.). To determine sets of variables that are sufficient to forecast Y(t), and thus to determine a model for Y(t), an approach is presented which estimates and compares various information increments. These information numbers play a central role in studies of causality and feedback. Approximating autoregressive schemes are used to form estimators of the many information numbers that one might compare to identify models for a time series.
Document Details
- Document Type
- Technical Report
- Publication Date
- Nov 01, 1982
- Accession Number
- ADA129725
Entities
People
- Emanuel Parzen
Organizations
- Texas A&M University