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Scalable estimation of VARMA models

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Vector autoregressive moving-average (VARMA) models have long been considered impractical beyond moderate dimensions: the likelihood is non-convex, the parametrization is identified only up to equivalence, and every evaluation costs a pass over the entire series. Yet their moving-average term captures with a few parameters what a pure autoregression matches only with many lags.

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arXiv Machine Learning
Aug 7

Scalable estimation of VARMA models

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