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Identification of time-varying model using wavelet approach and AR process

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26220%2F15%3APU115327" target="_blank" >RIV/00216305:26220/15:PU115327 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Identification of time-varying model using wavelet approach and AR process

  • Original language description

    The paper aim is to give recommendation for work with time frequency modeling of macroeconomic time series on the basis of comparative study. We investigate wavelet analysis and time-varying autoregressive process. We follow two main areas of focus - sample size for available data set and its shortening and optimization of parameters of mentioned methods. In case of time-varying autoregressive process we investigate optimization of parameters such as lag length, windowing and overlap. In wavelet analysis approach we investigate the type of wave and scale. Performance of methods is presented on the gross domestic product data of USA, United Kingdom and Korea. These representatives were chosen from the perspective of available sample size and from the reason the country represent economy in different geographic area. An advantage of wavelet analysis is better time resolution. An autoregressive process provides better frequency resolution, but it is quite sensitive to sample size.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    JA - Electronics and optoelectronics

  • OECD FORD branch

Result continuities

  • Project

    <a href="/en/project/LO1401" target="_blank" >LO1401: Interdisciplinary Research of Wireless Technologies</a><br>

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2015

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    33rd International Conference Mathematical Methods in Economics MME 2015 - Conference Proceedings

  • ISBN

    978-80-261-0539-8

  • ISSN

  • e-ISSN

  • Number of pages

    6

  • Pages from-to

    665-670

  • Publisher name

    University of West Bohemia, Plzeň

  • Place of publication

    Plzeň

  • Event location

    Cheb

  • Event date

    Sep 9, 2015

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article