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Auteurs principaux: Muia, Mathias N., Longla, Martial
Format: Preprint
Publié: 2024
Sujets:
Accès en ligne:https://arxiv.org/abs/2407.12308
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author Muia, Mathias N.
Longla, Martial
author_facet Muia, Mathias N.
Longla, Martial
contents This paper examines the impact of discrete marginal distributions on copula-based Markov chains. We present results on mixing and parameter estimation for a copula-based Markov chain model with Bernoulli($p$) marginal distribution and highlight the differences between continuous and discrete state-space Markov chains. We derive estimators for model parameters using the maximum likelihood approach and discuss other estimators of $p$ that are asymptotically equivalent to its maximum likelihood estimator. The asymptotic distributions of the parameter estimators are provided. A simulation study showcases the performance of the different estimators of $p$. Additionally, statistical tests for model parameters are included.
format Preprint
id arxiv_https___arxiv_org_abs_2407_12308
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle A Point on Discrete versus Continuous State-Space Markov Chains
Muia, Mathias N.
Longla, Martial
Statistics Theory
This paper examines the impact of discrete marginal distributions on copula-based Markov chains. We present results on mixing and parameter estimation for a copula-based Markov chain model with Bernoulli($p$) marginal distribution and highlight the differences between continuous and discrete state-space Markov chains. We derive estimators for model parameters using the maximum likelihood approach and discuss other estimators of $p$ that are asymptotically equivalent to its maximum likelihood estimator. The asymptotic distributions of the parameter estimators are provided. A simulation study showcases the performance of the different estimators of $p$. Additionally, statistical tests for model parameters are included.
title A Point on Discrete versus Continuous State-Space Markov Chains
topic Statistics Theory
url https://arxiv.org/abs/2407.12308