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In this paper we investigate the boundary non-crossing probabilities of a fractional Brownian motion considering some general deterministic trend function. We derive bounds for non-crossing probabilities and discuss the case of a large…

Probability · Mathematics 2013-10-01 Enkelejd Hashorva , Yuliya Mishura , Oleg Seleznjev

We consider stochastic integration with respect to fractional Brownian motion (fBm) with $H < 1/2$. The integral is constructed as the limit, where it exists, of a sequence of Riemann sums. A theorem by Gradinaru, Nourdin, Russo & Vallois…

Probability · Mathematics 2015-11-17 Daniel Harnett , David Nualart

Tempered fractional Brownian motion is revisited from the viewpoint of reduced fractional Ornstein-Uhlenbeck process. Many of the basic properties of the tempered fractional Brownian motion can be shown to be direct consequences or…

Probability · Mathematics 2019-07-23 S. C. Lim , Chai Hok Eab

We prove a non-central limit theorem for the symmetric weighted odd-power variations of the fractional Brownian motion with Hurst parameter H< 1/2. As applications, we study the asymptotic behavior of the trapezoidal weighted odd-power…

Probability · Mathematics 2018-05-18 David Nualart , Raghid Zeineddine

We define and study the multiparameter fractional Brownian motion. This process is a generalization of both the classical fractional Brownian motion and the multiparameter Brownian motion, when the condition of independence is relaxed.…

Probability · Mathematics 2007-05-23 Erick Herbin , Ely Merzbach

The set-indexed fractional Brownian motion (sifBm) has been defined by Herbin-Merzbach (2006) for indices that are subsets of a metric measure space. In this paper, the sifBm is proved to statisfy a strenghtened definition of increment…

Probability · Mathematics 2008-07-09 Erick Herbin , Ely Merzbach

We construct the least-square estimator for the unknown drift parameter in the multifractional Ornstein-Uhlenbeck model and establish its strong consistency in the non-ergodic case. The proofs are based on the asymptotic bounds with…

Probability · Mathematics 2016-02-19 Marco Dozzi , Yuriy Kozachenko , Yuliya Mishura , Kostiantyn Ralchenko

A well-known result with respect to the one dimensional nearest-neighbor symmetric simple exclusion process is the convergence to fractional Brownian motion with Hurst parameter 1/4, in the sense of finite-dimensional distributions, of the…

Probability · Mathematics 2007-11-02 Magda Peligrad , Sunder Sethuraman

In this paper, we prove maximal inequalities and study the functional central limit theorem for the partial sums of linear processes generated by dependent innovations. Due to the general weights, these processes can exhibit long-range…

Statistics Theory · Mathematics 2011-03-21 Jérôme Dedecker , Florence Merlevède , Magda Peligrad

This paper gives a brief introduction to some important fractional and multifractional Gaussian processes commonly used in modelling natural phenomena and man-made systems. The processes include fractional Brownian motion (both standard and…

Mathematical Physics · Physics 2014-07-01 S. C. Lim , C. H. Eab

In this paper we obtain a rate of convergence in the central limit theorem for high order weighted Hermite variations of the fractional Brownian motion. The proof is based on the techniques of Malliavin calculus and the quantitative stable…

Probability · Mathematics 2019-08-08 Nicholas Ma , David Nualart

In this article we introduce cylindrical fractional Brownian motions in Banach spaces and develop the related stochastic integration theory. Here a cylindrical fractional Brownian motion is understood in the classical framework of…

Probability · Mathematics 2015-11-19 Elena Issoglio , Markus Riedle

We study the problem of optimal approximation of a fractional Brownian motion by martingales. We prove that there exist a unique martingale closest to fractional Brownian motion in a specific sense. It shown that this martingale has a…

Probability · Mathematics 2012-12-13 Sergiy Shklyar , Georgiy Shevchenko , Yuliya Mishura , Vadym Doroshenko , Oksana Banna

Diffusion processes driven by Fractional Brownian motion (FBM) have often been considered in modeling stock price dynamics in order to capture the long range dependence of stock price observed in reality. Option prices for such models had…

Statistics Theory · Mathematics 2024-05-29 Ananya Lahiri , Rituparna Sen

We establish the scaling limit of a class of boundary random walks to the full spectrum of Brownian-type processes on the half-line. By solving the associated martingale problem and employing weak convergence techniques, we prove that under…

Probability · Mathematics 2025-10-03 Juan Carlos Arroyave , Eldon Barros , Eduardo Pimenta

We prove a central limit theorem for an additive functional of the $d$-dimensional fractional Brownian motion with Hurst index $H\in(\frac{1}{1+d},\frac{1}{d})$, using the method of moments, extending the result by Papanicolaou, Stroock and…

Probability · Mathematics 2014-01-15 Yaozhong Hu , David Nualart , Fangjun Xu

Considering quantum random walks, we construct discrete-time approximations of the eigenvalues processes of minors of Hermitian Brownian motion. It has been recently proved by Adler, Nordenstam and van Moerbeke that the process of…

Probability · Mathematics 2010-09-07 Francois Chapon , Manon Defosseux

Since the classical work of L\'evy, it is known that the local time of Brownian motion can be characterized through the limit of level crossings. While subsequent extensions of this characterization have primarily focused on Markovian or…

Probability · Mathematics 2023-08-17 Purba Das , Rafał Łochowski , Toyomu Matsuda , Nicolas Perkowski

It is discussed the limitations of the widely used markovian approximation applied to model the turbulent refractive index in lightwave propagation. It is well-known the index is a passive scalar field. Thus, the actual knowledge about…

Optics · Physics 2009-11-10 Dario G. Perez , Luciano Zunino , Mario Garavaglia

We derive the asymptotic behavior of weighted quadratic variations of fractional Brownian motion $B$ with Hurst index $H=1/4$. This completes the only missing case in a very recent work by I. Nourdin, D. Nualart and C. A. Tudor. Moreover,…

Probability · Mathematics 2009-12-14 Ivan Nourdin , Anthony Réveillac
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