ESTIMATION IN LONG‐MEMORY TIME SERIES MODEL

Abstract
This study deals with the parameter estimation in long‐memory time series models. An unbiased and consistent estimator is proposed. The proposed estimator is based on a least‐squares method in the frequency domain, and it is computationally simple. Also, the Cramer–Rao lower bound is derived. The mean‐square error of the proposed estimator is order of O(1/N), where N is the number of samples. The accuracy of the estimates is verified using synthetic long‐memory time series data.

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