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Bibliographic Details
Main Authors: Tengteng Xu, Ping Deng, Riquan Zhang, Weihua Zhao
Format: Artículo Open Access
Published: Wiley 2024
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Online Access:https://onlinelibrary.wiley.com/doi/10.1002/for.3205
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Table of Contents:
  • Robust Estimation of Multivariate Time Series Data Based on Reduced Rank Model Tengteng Xu Ping Deng Riquan Zhang Weihua Zhao Journal of Forecasting ABSTRACTMultivariate time series analysis uncovers the intricate relationships among multiple variables, which plays a vital role in areas such as policy‐making and business decision‐making. This paper employs a reduced rank regression model to investigate a robust estimation method for multivariate time series data using an penalty. The goal is to achieve rapid parameter estimation while ensuring robustness in the analysis of time series data. This study provides a detailed description of the solution process and examines the theoretical properties of the proposed method. To evaluate its effectiveness, the proposed model is compared with full‐rank regression and the multivariate regression with covariance estimation (MRCE) method through simulations, as well as an analysis of the Sceaux household electric power consumption data. The results indicate that the proposed model performs well. 10.1002/for.3205 http://onlinelibrary.wiley.com/termsAndConditions#vor