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We study high-dimensional drift estimation for L\'evy-driven Ornstein--Uhlenbeck processes based on discrete observations. Assuming sparsity of the drift matrix, we analyze Lasso and Slope estimators constructed from approximate likelihoods…

Statistics Theory · Mathematics 2026-03-09 Niklas Dexheimer , Natalia Jeszka

We give upper and lower estimates of densities of convolution semigroups of probability measures under explicit assumptions on the corresponding Levy measure and the Levy--Khinchin exponent. We obtain also estimates of derivatives of…

Probability · Mathematics 2015-06-03 Kamil Kaleta , Paweł Sztonyk

The problem of drift estimation for the solution $X$ of a stochastic differential equation with L\'evy-type jumps is considered under discrete high-frequency observations with a growing observation window. An efficient and asymptotically…

Statistics Theory · Mathematics 2016-03-18 Arnaud Gloter , Dasha Loukianova , Hilmar Mai

Via a Bismut-Elworthy-Li formula from [KPP23], we derive uniform gradient estimates for transition semigroups associated with stochastic differential equations driven by a large class of cylindrical L\'{e}vy processes which includes the…

Probability · Mathematics 2025-09-09 Thanh Dang , Lingjiong Zhu

Upper estimates of densities of convolution semigroups of probability measures are given under explicit assumptions on the corresponding L\'evy measure and the L\'evy--Khinchin exponent.

Probability · Mathematics 2010-06-30 Pawel Sztonyk

We obtain general lower estimates of transition densities of jump L\'evy processes. We use them for processes with L\'evy measures having bounded support, processes with exponentially decaying L\'evy measures for large times and for…

Probability · Mathematics 2016-01-07 Pawel Sztonyk

Gradient estimates are derived, for the first time, for the semigroup associated to a class of stochastic differential equations driven by multiplicative L\'evy noise. In particular, the estimates are sharp for $\alpha$-stable type noises.…

Probability · Mathematics 2015-05-28 Feng-Yu Wang , Lihu Xu , Xicheng Zhang

We consider the problem of estimation of the drift parameter of an ergodic Ornstein--Uhlenbeck type process driven by a L\'evy process with heavy tails. The process is observed continuously on a long time interval $[0,T]$, $T\to\infty$. We…

Statistics Theory · Mathematics 2019-11-27 Alexander Gushchin , Ilya Pavlyukevich , Marian Ritsch

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

Econometrics · Economics 2022-02-03 B. Cooper Boniece , José E. Figueroa-López , Yuchen Han

We investigate the problem of estimating the drift parameter of a high-dimensional L\'evy-driven Ornstein--Uhlenbeck process under sparsity constraints. It is shown that both Lasso and Slope estimators achieve the minimax optimal rate of…

Statistics Theory · Mathematics 2022-05-17 Niklas Dexheimer , Claudia Strauch

We consider SDEs driven by multiplicative pure jump L\'{e}vy noises, where L\'evy processes are not necessarily comparable to $\alpha$-stable-like processes. By assuming that the SDE has a unique solution, we obtain gradient estimates of…

Probability · Mathematics 2018-01-19 Mingjie Liang , Jian Wang

This paper is concerned with nonparametric estimation of the L\'evy density of a pure jump L\'evy process. The sample path is observed at $n$ discrete instants with fixed sampling interval. We construct a collection of estimators obtained…

Statistics Theory · Mathematics 2010-10-01 Fabienne Comte , Valentine Genon-Catalot

We consider the problem of efficient estimation of the drift parameter of an Ornstein-Uhlenbeck type process driven by a L\'{e}vy process when high-frequency observations are given. The estimator is constructed from the time-continuous…

Statistics Theory · Mathematics 2014-03-13 Hilmar Mai

In this paper, we study an approximation scheme for L\'evy processes with drift in terms of a representation that is akin to the celebrated Mehler formula for L\'evy-Ornstein-Uhlenbeck processes. The approximation scheme is based on a…

Probability · Mathematics 2025-11-25 Max Nendel

Generalizing the concept of quantiles to the jump measure of a L\'evy process, the generalized quantiles $q_{\tau}^{\pm}>0$, for $\tau>0$, are given by the smallest values such that a jump larger than $q_{\tau}^{+}$ or a negative jump…

Statistics Theory · Mathematics 2015-06-19 Mathias Trabs

We refer by threshold Ornstein-Uhlenbeck to a continuous-time threshold autoregressive process. It follows the Ornstein-Uhlenbeck dynamics when above or below a fixed level, yet at this level (threshold) its coefficients can be…

Probability · Mathematics 2022-06-07 Sara Mazzonetto , Paolo Pigato

We examine the question of existence and uniqueness of evolution systems of measures for non-autonomous Ornstein-Uhlenbeck-type processes with jumps. In particular, we give examples where we explicitly compute the densities of such families…

Probability · Mathematics 2012-05-07 Robert Wooster

We prove gradient estimates for harmonic functions with respect to a $d$-dimensional unimodal pure-jump Levy process under some mild assumptions on the density of its Levy measure. These assumptions allow for a construction of an unimodal…

Probability · Mathematics 2013-07-30 Tadeusz Kulczycki , Michal Ryznar

Ornstein-Uhlenbeck processes driven by general L\'{e}vy process are considered in this paper. We derive strongly consistent estimators for the moments of the underlying L\'{e}vy process and for the mean reverting parameter of the…

Probability · Mathematics 2010-11-30 Konstantinos Spiliopoulos

The aim of this paper is to develop estimation and inference methods for the drift parameters of multivariate L\'evy-driven continuous-time autoregressive processes of order $p\in\mathbb{N}$. Starting from a continuous-time observation of…

Methodology · Statistics 2023-07-26 Lorenzo Lucchese , Mikko S. Pakkanen , Almut E. D. Veraart
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