MA time series

Moving Average - the series is described by moving average of q past shocks (innovations)

$$y_t=\mu +{ϵ}_t+{\theta }_1{ϵ}_{t-1}+\cdots +{\theta }_q{ϵ}_{t-q}$$

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References

• @pfaff2008 - chapter 1
• @alexander2007 - chapter 11