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ON THE PROBABILITY OF ESTIMATING A DETERMINISTIC COMPONENT IN THE LOCAL LEVEL MODEL

101

Citations

14

References

1990

Year

Abstract

Abstract. A local level model has a deterministic level when the signal‐to‐noise ratio q is zero. In this paper we investigate the properties of the maximum likelihood estimator of q , paying particular attention to the case where its true value is zero. These properties are shown to be crucially dependent on the initial conditions employed.

References

YearCitations

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