This is a preview. Log in through your library . Abstract Consider a class of nonstationary time series with the form Yt = μt + ξt where {ξt} is a sequence of infinite moving averages of independent ...

Extreme Value Theory (EVT) provides a rigorous statistical framework for assessing the probability of rare and high-impact events. When coupled with the study of dynamical systems, researchers can ...

Extreme value theory provides a robust statistical framework to analyse rare and potentially catastrophic events by quantifying the tail behaviour of probability distributions. Central to this ...