Ten things we should know about time series

Time series data affect many aspects of our lives. This paper highlights 10 things we should all know about time series, namely, a good working knowledge of econometrics and statistics, an awareness of measurement errors, testing for zero frequency, seasonal and periodic unit roots, analysing fracti...

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Main Authors: McAleer, M., Oxley, Leslie
Format: Journal Article
Published: 2011
Online Access:http://hdl.handle.net/20.500.11937/27505
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author McAleer, M.
Oxley, Leslie
author_facet McAleer, M.
Oxley, Leslie
author_sort McAleer, M.
building Curtin Institutional Repository
collection Online Access
description Time series data affect many aspects of our lives. This paper highlights 10 things we should all know about time series, namely, a good working knowledge of econometrics and statistics, an awareness of measurement errors, testing for zero frequency, seasonal and periodic unit roots, analysing fractionally integrated and long memory processes, estimating VARFIMA models, using and interpreting cointegrating models carefully, choosing sensibly among univariate conditional, stochastic and realized volatility models, not confusing thresholds, asymmetry and leverage, not underestimating the complexity of multivariate volatility models, and thinking carefully about forecasting models and expertise. © 2010 Blackwell Publishing Ltd.
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institution Curtin University Malaysia
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spelling curtin-20.500.11937-275052018-03-29T09:08:00Z Ten things we should know about time series McAleer, M. Oxley, Leslie Time series data affect many aspects of our lives. This paper highlights 10 things we should all know about time series, namely, a good working knowledge of econometrics and statistics, an awareness of measurement errors, testing for zero frequency, seasonal and periodic unit roots, analysing fractionally integrated and long memory processes, estimating VARFIMA models, using and interpreting cointegrating models carefully, choosing sensibly among univariate conditional, stochastic and realized volatility models, not confusing thresholds, asymmetry and leverage, not underestimating the complexity of multivariate volatility models, and thinking carefully about forecasting models and expertise. © 2010 Blackwell Publishing Ltd. 2011 Journal Article http://hdl.handle.net/20.500.11937/27505 10.1111/j.1467-6419.2010.00644.x restricted
spellingShingle McAleer, M.
Oxley, Leslie
Ten things we should know about time series
title Ten things we should know about time series
title_full Ten things we should know about time series
title_fullStr Ten things we should know about time series
title_full_unstemmed Ten things we should know about time series
title_short Ten things we should know about time series
title_sort ten things we should know about time series
url http://hdl.handle.net/20.500.11937/27505