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Nonparametric estimation of bivariate hidden Markov models using tensor-product B-splines

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Statistical Modelling: An International Journal

Published online on

Abstract

Statistical Modelling, Ahead of Print.
For multivariate time series driven by underlying states, hidden Markov models (HMMs) constitute a powerful framework which can be flexibly tailored to the situation at hand. However, in practice, it can be challenging to choose an adequate family of ...