Maximum Likelihood Estimation for an Observation Driven Model for Poisson Counts

نویسندگان

  • Richard A. Davis
  • Sarah B. Streett
چکیده

This paper is concerned with an observation driven model for time series of counts whose conditional distribution given past observations follows a Poisson distribution. This class of models, called GLARMA, is capable of modeling a wide range of dependence structures and is readily estimated using conditional maximum likelihood. Recursive formulae for carrying out maximum likelihood estimation are provided and the technical components required for establishing a central limit theorem of the maximum likelihood estimates are given in a special case.

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تاریخ انتشار 2003