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<!DOCTYPE article PUBLIC "-//NLM//DTD JATS (Z39.96) Journal Publishing DTD v1.0 20120330//EN" "JATS-journalpublishing1.dtd"><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" article-type="research-article"><front><journal-meta><journal-id journal-id-type="publisher-id">INFORMATICA</journal-id><journal-title-group><journal-title>Informatica</journal-title></journal-title-group><issn pub-type="epub">0868-4952</issn><issn pub-type="ppub">0868-4952</issn><publisher><publisher-name>VU</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="publisher-id">INF6104</article-id><article-id pub-id-type="doi">10.3233/INF-1995-6104</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research article</subject></subj-group></article-categories><title-group><article-title>The long-run economic relationships: an optimization approach to fractional integrated and bilinear time series</article-title></title-group><contrib-group><contrib contrib-type="Author"><name><surname>Mockus</surname><given-names>Jonas</given-names></name><xref ref-type="aff" rid="j_INFORMATICA_aff_000"/></contrib><contrib contrib-type="Author"><name><surname>Soofi</surname><given-names>Abdol S.</given-names></name><xref ref-type="aff" rid="j_INFORMATICA_aff_001"/></contrib><aff id="j_INFORMATICA_aff_000">Institute of Mathematics and Informatics, 2600 Vilnius, Akademijos St. 4, Lithuania</aff><aff id="j_INFORMATICA_aff_001">Department of Economics, University of Wisconsin, Platteville, WI 53818</aff></contrib-group><pub-date pub-type="epub"><day>01</day><month>01</month><year>1995</year></pub-date><volume>6</volume><issue>1</issue><fpage>61</fpage><lpage>70</lpage><abstract><p>One objective of this paper is to estimate the parameters <inf>p,d,q</inf> of an autoregressive fractionally integrated moving average ARFIMA (<inf>p,d,q</inf>) stochastic model by minimizing the squares of the residuals using a Bayesian global optimization techniques. We consider bilinear model, too because it is the simple extension of linear model, defined by adding a bilinear term to traditional ARMA model. Therefore, the second objective of the paper is to estimate parameters of a bilinear time series.</p></abstract><kwd-group><label>Keywords</label><kwd>autoregressive</kwd><kwd>fractionally integrated</kwd><kwd>bilinear</kwd><kwd>global optimization</kwd></kwd-group></article-meta></front></article>