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micss

Modified Iterative Cumulative Sum of Squares Algorithm

v0.3.1 · Mar 24, 2026 · GPL-2

Description

Companion package of Carrion-i-Silvestre & Sansó (2026): "Testing for Constant Unconditional Variance in Heavy-Tailed Time Series". It implements the Modified Iterative Cumulative Sum of Squares Algorithm, which is an extension of the Iterative Cumulative Sum of Squares (ICSS) Algorithm of Inclan and Tiao (1994), and it checks for changes in the unconditional variance of a time series controlling for the tail index of the underlying distribution. The fourth order moment is estimated non-parametrically to avoid the size problems when the innovations are non-Gaussian (see, Sansó et al., 2004). Critical values and p-values are generated using a Generalized Extreme Value distribution approach. References Carrion-i-Silvestre J.J & Sansó A (2026) <doi:10.1080/03610918.2026.2615207>. Inclan C & Tiao G.C (1994) <doi:10.1080/01621459.1994.10476824>, Sansó A & Aragó V & Carrion-i-Silvestre J.L (2004) <https://dspace.uib.es/xmlui/bitstream/handle/11201/152078/524035.pdf>.

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OK 14 OK · 0 NOTE · 0 WARNING · 0 ERROR · 0 FAILURE Mar 10, 2026

Dependency Network

Dependencies Reverse dependencies dplyr micss

Version History

5 tracked
updated 0.3.1 ← 0.3.0 diff Mar 24, 2026
updated 0.3.0 ← 0.2.0 diff Mar 17, 2026
new 0.2.0 Mar 10, 2026
updated 0.2.0 ← 0.1.5 diff Aug 21, 2024
new 0.1.5 Aug 15, 2023