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We study parametric inference for diffusion processes when observations occur nonsynchronously and are contaminated by market microstructure noise. We construct a quasi-likelihood function and study asymptotic mixed normality of…

Statistics Theory · Mathematics 2015-12-29 Teppei Ogihara

Motivated by the construction of the It\^o stochastic integral, we consider a step function method to discretize and simulate volatility modulated L\'evy semistationary processes. Moreover, we assess the accuracy of the method with a…

Applications · Statistics 2014-07-11 Mikkel Bennedsen , Asger Lunde , Mikko S. Pakkanen

We consider a time series model involving a fractional stochastic component, whose integration order can lie in the stationary/invertible or nonstationary regions and be unknown, and an additive deterministic component consisting of a…

Statistics Theory · Mathematics 2007-06-13 P. M. Robinson

Nonparametric density estimation is considered for a discretely observed stationary continuous-time process. For each of three given time sampling procedures either random or deterministic, we establish that histograms and frequency…

Statistics Theory · Mathematics 2009-01-19 François-Xavier Lejeune

The term noncentral moderate deviations is used in the literature to mean a class of large deviation principles that, in some sense, fills the gap between the convergence in probability to a constant (governed by a reference large deviation…

Probability · Mathematics 2025-04-29 Neha Gupta , Claudio Macci

We investigate the parameter estimation and prediction of two forms of the stochastic SIR model driven by small L\'{e}vy noise with time-dependent periodic transmission. We present consistency and rate of convergence results for the…

Statistics Theory · Mathematics 2024-04-24 Terry Easlick , Wei Sun

Let $X=\{X_{t},t\in R_{+}\}$ be a symmetric L\'{e}vy process with local time $\{L^{x}_{t} ; (x,t)\in R^{1}\times R^{1}_{+}\}$. When the L\'{e}vy exponent $\psi(\la)$ is regularly varying at zero with index $1<\beta\leq 2$, and satisfies…

Probability · Mathematics 2009-09-08 Michael B. Marcus , Jay Rosen

We consider some special classes of L\'evy processes with no gaussian component whose L\'evy measure is of the type $\pi(dx)=e^{\gamma x}\nu(e^x-1) dx$, where $\nu$ is the density of the stable L\'evy measure and $\gamma$ is a positive…

Probability · Mathematics 2007-08-20 Loic Chaumont , Andreas Kyprianou , Juan Carlos Pardo Millan

The paper considers the problem of robust estimating a periodic function in a continuous time regression model with dependent disturbances given by a general square integrable semimartingale with unknown distribution. An example of such a…

Statistics Theory · Mathematics 2010-10-20 Victor Konev , Serguei Pergamenchtchikov

We introduce a class of semiparametric time series models by assuming a quasi-likelihood approach driven by a latent factor process. More specifically, given the latent process, we only specify the conditional mean and variance of the time…

Methodology · Statistics 2021-04-02 Gisele O. Maia , Wagner Barreto-Souza , Fernando S. Bastos , Hernando Ombao

Nonparametric methods for the estimation of the Levy density of a Levy process are developed. Estimators that can be written in terms of the ``jumps'' of the process are introduced, and so are discrete-data based approximations. A model…

Statistics Theory · Mathematics 2007-06-13 Enrique Figueroa-Lopez , Christian Houdre

This paper investigates the Gaussian quasi-likelihood estimation of an exponentially ergodic multidimensional Markov process, which is expressed as a solution to a L\'{e}vy driven stochastic differential equation whose coefficients are…

Statistics Theory · Mathematics 2013-08-14 Hiroki Masuda

This article presents a new continuous-time modelling framework for multivariate time series of counts which have an infinitely divisible marginal distribution. The model is based on a mixed moving average process driven by L\'{e}vy noise -…

Methodology · Statistics 2016-08-11 Almut E. D. Veraart

Statistical inference for stochastic processes based on high-frequency observations has been an active research area for more than two decades. One of the most well-known and widely studied problems has been the estimation of the quadratic…

Econometrics · Economics 2024-04-23 B. Cooper Boniece , José E. Figueroa-López , Yuchen Han

We study the problem of parameter estimation for discretely observed stochastic processes driven by additive small L\'{e}vy noises. We do not impose any moment condition on the driving L\'{e}vy process. Under certain regularity conditions…

Statistics Theory · Mathematics 2012-05-23 Hongwei Long , Yasutaka Shimizu , Wei Sun

We consider statistical inference for parameters defined by general estimating equations under the covariate shift transfer learning. Different from the commonly used density ratio weighting approach, we undertake a set of formulations to…

Methodology · Statistics 2024-10-08 Han Yan , Song Xi Chen

The paper is devoted to the study of the short rate equation of the form $$ dR(t)=F(R(t)) dt +\sum_{i=1}^{d}G(R(t-))dZ_i(t)$$ with deterministic functions $F,G_1,...,G_d$ and a multivariate L\'evy process $Z=(Z_1,...,Z_d)$ with possibly…

Probability · Mathematics 2024-08-01 Michał Barski , Rafał Łochowski

Process convolutions yield random fields with flexible marginal distributions and dependence beyond Gaussianity, but statistical inference is often hampered by a lack of closed-form marginal distributions, and simulation-based inference may…

Methodology · Statistics 2017-10-19 Thomas Opitz

In this paper, we consider the time-inhomogeneous nonlinear time series regression for a general class of locally stationary time series. On one hand, we propose sieve nonparametric estimators for the time-varying regression functions which…

Statistics Theory · Mathematics 2021-12-17 Xiucai Ding , Zhou Zhou

We establish asymptotic properties of $M$-estimators, defined in terms of a contrast function and observations from a continuous-time locally stationary process. Using the stationary approximation of the sequence, $\theta$-weak dependence,…

Statistics Theory · Mathematics 2021-05-11 Bennet Ströh