Is the North Atlantic Oscillation just a pink noise?

In this paper the authors address the problem of predictability for the NAO index series. The spectral analysis, completed with a bootstrap procedure, shows a rather featureless structure of the index. In other words, the actual time series could be a realisation of many different stochastic process...

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Bibliographic Details
Main Authors: Fernández, Isabel, Hernández, Carmen N., Pacheco, José M.
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S0378437103000566
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Summary:In this paper the authors address the problem of predictability for the NAO index series. The spectral analysis, completed with a bootstrap procedure, shows a rather featureless structure of the index. In other words, the actual time series could be a realisation of many different stochastic processes. An analysis of the Hurst exponent does suggest a slightly red noise as a model for the index, which is interpreted as the NAO being driven by meteorological noise. A nonlinear study of the series (embedding dimension, fractal correlation dimension and leading Lyapunov exponent) shows little predictive performance as well. NAO; Predictability; Power spectrum; Bootstrap; Hurst exponent; Meteorological noise;