Continuous-time state-space methods for δ18O and δ13C.

Eric Hillebrand (Department of Economics and Business Economics, Aarhus University, Denmark).

Abstract

Time series analysis of δ18O and δ13C measurements from benthic foraminifera for purposes of paleoclimatology is challenging. The time series reach back tens of millions of years, they are relatively sparse in the early record and relatively dense in the later, the time stamps of the observations are not evenly spaced, and there are instances of multiple different observations at the same time stamp. The time series appear non-stationary over most of the historical record with clearly visible temporary trends of varying directions. In this paper, we propose a continuous-time state-space framework to analyze the time series. State space models are uniquely suited for this purpose, since they can accommodate all the challenging features mentioned above. We specify univariate models and joint bivariate models for the two-time series of δ18O and δ13C. The models are estimated using maximum likelihood by way of the Kalman filter recursions. The suite of models we consider has an interpretation as an application of the Butterworth filter. We propose model specifications that take the origin of the data from different studies into account and that allow for a partition of the total period into sub-periods reflecting different climate states. The models can be used, for example, to impute evenly timestamped values by way of Kalman filtering. They can also be used, in future work, to analyze the relation to proxies for CO2 concentrations.