Time series models associated with Mittag-Leffler type distributions and its properties

Article Type

Research Article

Publication Title

Communications in Statistics - Theory and Methods

Abstract

We have provided a fractional generalization of the Poisson renewal processes by replacing the first time derivative in the relaxation equation of the survival probability by a fractional derivative of order α(0 < α ⩽ 1). A generalized Laplacian model associated with the Mittag-Leffler distribution is examined. We also discuss some properties of this new model and its relevance to time series. Distribution of gliding sums, regression behaviors, and sample path properties are studied. Finally we introduce the q-Mittag-Leffler process associated with the q-Mittag-Leffler distribution.

First Page

7210

Last Page

7225

DOI

10.1080/03610926.2014.978946

Publication Date

12-16-2016

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