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In this paper we investigate the parametric inference for the linear fractional stable motion in high and low frequency setting. The symmetric linear fractional stable motion is a three-parameter family, which constitutes a natural…

Methodology · Statistics 2018-02-20 Stepan Mazur , Dmitry Otryakhin , Mark Podolskij

We study fractional stochastic volatility models in which the volatility process is a positive continuous function $\sigma$ of a continuous Gaussian process $\widehat{B}$. Forde and Zhang established a large deviation principle for the…

Mathematical Finance · Quantitative Finance 2018-08-06 Archil Gulisashvili

We study the problem of parametric estimation for continuously observed stochastic processes driven by additive small fractional Brownian motion with Hurst index 0<H<1/2 and 1/2<H<1. Under some assumptions on the drift coefficient, we…

Statistics Theory · Mathematics 2022-01-04 Shohei Nakajima , Yasutaka Shimizu

Sensitivity analysis w.r.t. the long-range/memory noise parameter for probability distributions of functionals of solutions to stochastic differential equations is an important stochastic modeling issue in many applications. In this paper…

Probability · Mathematics 2024-08-30 Alexandre Richard , Denis Talay

We construct and study branching fractional Brownian motion with Hurst parameter $H\in(1/2,1)$. The construction relies on a generalization of the discrete approximation of fractional Brownian motion (Hammond and Sheffield, Probability…

Probability · Mathematics 2024-04-24 Adrián González Casanova , Jan Lukas Igelbrink

We study the existence and regularity of local times for general $d$-dimensional stochastic processes. We give a general condition for their existence and regularity properties. To emphasize the contribution of our results, we show that…

Probability · Mathematics 2024-08-01 Tommi Sottinen , Ercan Sönmez , Lauri Viitasaari

A possible mechanism leading to anomalous diffusion is the presence of long-range correlations in time between the displacements of the particles. Fractional Brownian motion, a non-Markovian self-similar Gaussian process with stationary…

Statistical Mechanics · Physics 2019-04-03 Alexander H O Wada , Alex Warhover , Thomas Vojta

We prove a general result on a relationship between a limit of normalized numbers of interval crossings by a c\`adl\`ag path and an occupation measure associated with this path. Using this result we define local times of fractional Brownian…

Probability · Mathematics 2024-07-09 Witold Bednorz , Purba Das , Rafał Łochowski

We prove the existence of the intersection local time for two independent, d -dimensional fractional Brownian motions with the same Hurst parameter H. Assume d greater or equal to 2, then the intersection local time exists if and only if…

Probability · Mathematics 2007-05-23 David Nualart , Salvador Ortiz-Latorre

In this paper we study three self-similar, long-range dependence, Gaussian processes. The first one, with covariance \int_0^{s\wedge t} u^a [(t-u)^b+(s-u)^b]du, parameters a>-1, -1<b\leq 1, |b|\leq 1+a, corresponds to fractional Brownian…

Probability · Mathematics 2012-03-14 Tomasz Bojdecki , Luis G. Gorostiza , Anna Talarczyk

In this paper, we establish a large deviation principle for the solutions to the stochastic heat equations with logarithmic nonlinearity driven by Brownian motion, which is neither locally Lipschitz nor locally monotone. Nonlinear versions…

Probability · Mathematics 2022-07-07 Tianyi Pan , Shijie Shang , Tusheng Zhang

We propose a new algorithm to generate a fractional Brownian motion, with a given Hurst parameter, 1/2<H<1 using the correlated Bernoulli random variables with parameter p; having a certain density. This density is constructed using the…

Computation · Statistics 2019-05-15 Buket Coskun , Ceren Vardar-Acar , Hakan Demirtas

We give the correct condition for existence of the $k$-th derivative of the intersection local time for fractional Brownian motion, which was originally discussed in [Guo, J., Hu, Y., and Xiao, Y., Higher-order derivative of intersection…

Probability · Mathematics 2025-10-13 Kaustav Das , Gregory Markowsky , Binghao Wu , Qian Yu

The generalized grey Brownian motion is a time continuous self-similar with stationary increments stochastic process whose one dimensional distributions are the fundamental solutions of a stretched time fractional differential equation.…

Probability · Mathematics 2021-01-01 José Luís da Silva , Mohamed Erraoui

We consider high frequency observations from a fractional Brownian motion. Inspired by the work of Jean Jacod in a diffusion setting, we investigate the asymptotic behavior of various classical statistics related to the local times of the…

Probability · Mathematics 2017-10-24 Mark Podolskij , Mathieu Rosenbaum

We investigate the sharp large deviation properties of the energy and the maximum likelihood estimator for the Ornstein-Uhlenbeck process driven by a fractional Brownian motion with Hurst index greater than one half.

Probability · Mathematics 2008-12-19 Bernard Bercu , Laure Coutin , Nicolas Savy

Within the rough path framework we prove the continuity of the solution to random differential equations driven by fractional Brownian motion with respect to the Hurst parameter $H$ when $H \in (1/3, 1/2]$.

Probability · Mathematics 2024-08-27 Francesco C. De Vecchi , Luca M. Giordano , Daniela Morale , Stefania Ugolini

In certain applications, for instance biomechanics, turbulence, finance, or Internet traffic, it seems suitable to model the data by a generalization of a fractional Brownian motion for which the Hurst parameter $H$ is depending on the…

Statistics Theory · Mathematics 2007-06-13 Jean-Marc Bardet , Pierre Bertrand

We establish large deviations properties valid for almost every sample path of a class of stationary mixing processes $(X_1,..., X_n,...)$. These properties are inherited from those of $S_n=\sum_{i=1}^nX_i$ and describe how the local…

Probability · Mathematics 2011-12-08 Julien Barral , Patrick Loiseau

We study the strong consistency and asymptotic normality of a least squares estimator of the drift coefficient in complex-valued Ornstein-Uhlenbeck processes driven by fractional Brownian motion, extending the results of Chen, Hu, Wang…

Probability · Mathematics 2024-06-27 Fares Alazemi , Abdulaziz Alsenafi , Yong Chen , Hongjuan Zhou