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6. Probability, Stochastic Analysis, and Mathematical Statistics

Successive determination of the coefficients of $AR\left(p\right)$ time series % using the Cholesky decomposition

Daniel Ciuiu
Technical University of Civil Engineering Bucharest and Romanian Institute for Economic Research, Romanian Academy, Romania

Abstract:

In this paper we will determine successively the $AR\left(p\right)$ coefficients of a time series starting with the $AR\left(1\right)$ model, continuing with $AR\left(2\right)$, $AR\left(3\right)$, $\ldots$ and finishing with $AR\left(p\right)$ model.

We use the essential fact that the matrix of linear system of the Yule--Walker algorithm is symmetric and positive defined. That's why we solve the linear system by Cholesky method.

We consider all $AR\left(\widetilde{p}\right)$ with $\widetilde{p}$<$p$ having $p$ coefficients, last $p-\widetilde{p}$ of them being zero. We use also the linearity of the solutions of linear systems with the same matrix. More exactly, we go from $AR\left(\widetilde{p}\right)$ to $AR\left(\widetilde{p}+1\right)$ coefficients by determining the difference between coefficients.