“…This method has been widely-employed in time series modeling and it is capable of providing accurate prediction intervals and inferential improvements, as exemplified in bias correction of estimators (Palm and Bayer, 2018;Kilian, 1998), construction of confidence intervals for model parameters (Spierdijk, 2016), calculation of Fourier coefficients for the autocovariance function (Dehay et al, 2018), model selection criteria (Bayer and Cribari-Neto, 2015;Cavanaugh and Shumway, 1997), prediction intervals (Staszewska-Bystrova and Winker, 2016), and hypothesis testing (Morley and Sinclair, 2009).…”