@misc{brunner_gilleland_2020, 
  title={Stochastic simulation of streamflow and spatial extremes: a continuous, 
wavelet-based approach}, 
  DOI={10.5194/hess-2019-658}, 
  abstractNote={<jats:p>&amp;lt;p&amp;gt;&amp;lt;strong&amp;gt;Abstract.&amp;lt;/strong&amp;gt; Stochastically generated streamflow time series are used for various water management and hazard estimation applications. They provide realizations of plausible but yet unobserved streamflow time series with the same temporal and distributional characteristics as the observed data. However, the representation of non-stationarities and spatial dependence among sites remains a challenge in stochastic modeling. We investigate whether the use of frequency-domain instead of time-domain models allows for the joint simulation of realistic, continuous streamflow time series at daily resolution and spatial extremes at multiple sites. To do so, we propose the stochastic simulation approach called Phase Randomization Simulation using wavelets &amp;lt;i&amp;gt;PRSim.wave&amp;lt;/i&amp;gt; which combines an empirical spatio-temporal model based on the wavelet transform and phase randomization with the flexible four-parameter kappa distribution. The approach consists of five steps: (1) derivation of random phases, (2) fitting of kappa distribution, (3) wavelet transform, (4) inverse wavelet transform, and (5) transformation to kappa distribution. We apply and evaluate &amp;lt;i&amp;gt;PRSim.wave&amp;lt;/i&amp;gt; on a large set of 671 catchments in the contiguous United States. We show that this approach allows for the generation of realistic time series at multiple sites exhibiting short- and long-range dependence, non-stationarities, and unobserved extreme events. Our evaluation results strongly suggest that the flexible, continuous simulation approach is potentially valuable for a diverse range of water management applications where the reproduction of spatial dependencies is of interest. Examples include the development of regional water management plans, the estimation of regional flood or drought risk, or the estimation of regional hydropower potential among others.&amp;lt;/p&amp;gt;
                        </jats:p>}, 
  publisher={Copernicus GmbH}, 
  author={Brunner, Manuela I. and Gilleland, Eric}, 
  year={2020}, 
  month={Jan}
  }