English

Sig-Splines: universal approximation and convex calibration of time series generative models

Machine Learning 2023-07-20 v1 Artificial Intelligence Computational Finance Statistical Finance

Abstract

We propose a novel generative model for multivariate discrete-time time series data. Drawing inspiration from the construction of neural spline flows, our algorithm incorporates linear transformations and the signature transform as a seamless substitution for traditional neural networks. This approach enables us to achieve not only the universality property inherent in neural networks but also introduces convexity in the model's parameters.

Keywords

Cite

@article{arxiv.2307.09767,
  title  = {Sig-Splines: universal approximation and convex calibration of time series generative models},
  author = {Magnus Wiese and Phillip Murray and Ralf Korn},
  journal= {arXiv preprint arXiv:2307.09767},
  year   = {2023}
}