We explore the application of integrated nested Laplace approximations for the Bayesian estimation of stochastic volatility models characterized by long memory. The logarithmic variance persistence in these models is represented by a Fractional Gaussian Noise process, which we approximate as a...

Small area poverty estimates are important for social and economic policy, however the required data are often unavailable. This paper presents a Small Area Estimation (SAE) technique called Conditional Monte Carlo (CMC). CMC provides robust estimates of small area poverty rates, subject to...

This publication's aim is to celebrate the 100th issue of Statistics in Transition new series and the 30th anniversary of the launch of the journal. The book features several 'special issues' of Statistics in Transition new series focusing on specific topics of current research interest released...