Identification of Linear Parameter-Varying (LPV) models is often addressed in an Input-Output (IO) setting using particular extensions of classical Linear Time-Invariant (LTI) prediction-error methods. However, due to the lack of appropriate system-theoretic results, most of these methods are applied without the understanding of their statistical properties and the behavior of the considered noise models. Using a recently developed series expansion representation of LPV systems, the classical concepts of the prediction-error framework are extended to the LPV case and the statistical properties of estimation are analyzed in the LPV context. In the introduced framework it can be shown that under minor assumptions, the classical results on consistency, convergence, bias and asymptotic variance can be extended for LPV predictionerror models and the concept of noise models can be clearly understood. Preliminary results on persistency of excitation and identifiability can also established
