Saved in:
Bibliographic Details
Main Authors: Pappert, Sven, Joe, Harry
Format: Preprint
Published: 2026
Subjects:
Online Access:https://arxiv.org/abs/2604.01500
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1866910096680812544
author Pappert, Sven
Joe, Harry
author_facet Pappert, Sven
Joe, Harry
contents In the copula-based approach to univariate time series modeling, the finite dimensional temporal dependence of a stationary time series is captured by a copula. Recent studies investigate how copula-based time series models can be generalized to have long-term autoregressive effects. We study a generalization that comes from a Markov sequence of order p and a q-dependent sequence. We derive the relation of the model to Gaussian-ARMA models and to the Gaussian-GARCH(1,1) model. We investigate distributional properties of the process and discuss the maximum likelihood estimation (MLE). Additionally we analyze the copula moving aggregate process of order one, or MAG(1), as it is a basic building block. Last we test the model in probabilistic forecasting studies on US inflation and German wind energy production.
format Preprint
id arxiv_https___arxiv_org_abs_2604_01500
institution arXiv
publishDate 2026
record_format arxiv
spellingShingle Copula-Based Time Series for Non-Gaussian and Non-Markovian Stationary Processes
Pappert, Sven
Joe, Harry
Methodology
In the copula-based approach to univariate time series modeling, the finite dimensional temporal dependence of a stationary time series is captured by a copula. Recent studies investigate how copula-based time series models can be generalized to have long-term autoregressive effects. We study a generalization that comes from a Markov sequence of order p and a q-dependent sequence. We derive the relation of the model to Gaussian-ARMA models and to the Gaussian-GARCH(1,1) model. We investigate distributional properties of the process and discuss the maximum likelihood estimation (MLE). Additionally we analyze the copula moving aggregate process of order one, or MAG(1), as it is a basic building block. Last we test the model in probabilistic forecasting studies on US inflation and German wind energy production.
title Copula-Based Time Series for Non-Gaussian and Non-Markovian Stationary Processes
topic Methodology
url https://arxiv.org/abs/2604.01500