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Linear prediction of long-range dependent time series

Fanny Godet — 2009

ESAIM: Probability and Statistics

We present two approaches for linear prediction of long-memory time series. The first approach consists in truncating the Wiener-Kolmogorov predictor by restricting the observations to the last terms, which are the only available data in practice. We derive the asymptotic behaviour of the mean-squared error as tends to +∞. The second predictor is the finite linear least-squares predictor  the projection of the forecast value on the last observations. It is shown that these two predictors converge...

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