Semiparametric estimation for isotropic max-stable space-time processes

@inproceedings{Buhl2016SemiparametricEF,
  title={Semiparametric estimation for isotropic max-stable space-time processes},
  author={Sven Buhl and Richard Arnold Davis and Claudia Kluppelberg and Christina Steinkohl},
  year={2016}
}
Regularly varying space-time processes have proved useful to study extremal dependence in space-time data. We propose a semiparametric estimation procedure based on a closed form expression of the extremogram to estimate parametric models of extremal dependence functions. We establish the asymptotic properties of the resulting parameter estimates and propose subsampling procedures to obtain asymptotically correct confidence intervals. A simulation study shows that the proposed procedure works… CONTINUE READING

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