Long Memory Conference

Aalborg University
Aalborg - Denmark
6th June 2018 - 8th June 2018

Long Memory deals with the notion that certain series have autocorrelation functions that decay slower than what standard models can account for. The autocorrelation function for a long memory process shows hyperbolic decay, which translates into shocks having non-zero effects even after much time has passed. As such, its presence has repercussions for inference and prediction.

Long Memory has been detected in several time series. To name a few, in Economics, in inflation and GDP; in Finance, in volatility measures and electricity prices; in Climate Econometrics, in temperature and river flows.

The Conference looks to join together researchers working on long memory to present advancements in the area and exchange ideas for future projects.

Summary