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Both marginal and dependence features must be described when modelling the extremes of a stationary time series. There are standard approaches to marginal modelling, but long- and short-range dependence of extremes may both appear. In…

Methodology · Statistics 2016-03-17 Thomas Lugrin , Anthony C. Davison , Jonathan A. Tawn

We use point processes theory to describe the asymptotic distribution of all upper order statistics for observations collected at renewal times. As a corollary, we obtain limiting theorems for corresponding extremal processes.

Probability · Mathematics 2016-08-08 Bojan Basrak , Drago Špoljarić

We propose a nonparametric estimator of the jump activity index $\beta$ of a pure-jump semimartingale $X$ driven by a $\beta$-stable process when the underlying observations are coming from a high-frequency setting at irregular times. The…

Statistics Theory · Mathematics 2022-06-24 Adrian Theopold , Mathias Vetter

We provide asymptotic results and develop high frequency statistical procedures for time-changed L\'evy processes sampled at random instants. The sampling times are given by first hitting times of symmetric barriers whose distance with…

Probability · Mathematics 2010-07-20 Mathieu Rosenbaum , Peter Tankov

Over the last 30 years, extensive work has been devoted to developing central limit theory for partial sums of subordinated long memory linear time series. A much less studied problem, motivated by questions that are ubiquitous in extreme…

Probability · Mathematics 2026-03-24 Ioan Scheffel , Marco Oesting , Gilles Stupfler

The extremal index is an important parameter in the characterization of extreme values of a stationary sequence. Our new estimation approach for this parameter is based on the extremal behavior under the local dependence condition…

Statistics Theory · Mathematics 2015-05-11 Helena Ferreira , Marta Ferreira

This paper derives new maximal inequalities for empirical processes associated with separately exchangeable random arrays. For fixed index dimension $K\ge 1$, we establish a global maximal inequality bounding the $q$-th moment…

Econometrics · Economics 2025-03-12 Harold D. Chiang

We study the statistics of the maximum and minimum of a set of $N$ random variables whose dynamical and statistical properties fall within the scope of infinite ergodic theory. These non-stationary yet recurrent systems are described, in…

Statistical Mechanics · Physics 2026-03-09 Talia Baravi , Eli Barkai

A functional limit theorem is established for the partial-sum process of a class of stationary sequences which exhibit both heavy tails and long-range dependence. The stationary sequence is constructed using multiple stochastic integrals…

Probability · Mathematics 2020-04-09 Shuyang Bai , Takashi Owada , Yizao Wang

We study the asymptotic behaviour of a properly normalized time-changed multidimensional Wiener process; the time change is given by an additive functional of the Wiener process itself. At the level of generators, the time change means that…

Probability · Mathematics 2025-01-22 Yuliia Mishura , René L. Schilling

The extremes of a stationary time series typically occur in clusters. A primary measure for this phenomenon is the extremal index, representing the reciprocal of the expected cluster size. Both a disjoint and a sliding blocks estimator for…

Statistics Theory · Mathematics 2017-07-14 Betina Berghaus , Axel Bücher

We study the effect of observing a stationary process at irregular time points via a renewal process. We establish a sharp difference in the asymptotic behaviour of the self-normalized sample mean of the observed process depending on the…

Statistics Theory · Mathematics 2024-11-04 Mohamedou Ould-Haye , Anne Philippe

In the paper the rescaled occupation time fluctuation process of a certain empirical system is investigated. The system consists of particles evolving independently according to \alpha-stable motion in R^d, \alpha<d<2\alpha. The particles…

Probability · Mathematics 2011-09-02 Piotr Milos

We consider a quantum-mechanical analysis of spontaneous emission in terms of an effective two-level system with a vacuum decay rate $\Gamma_0$ and transition angular frequency $\omega_A$. Our analysis is in principle exact, even though…

Quantum Physics · Physics 2013-05-30 Arne L. Grimsmo , Asle H. Vaskinn , Per K. Rekdal , Bo-Sture K. Skagerstam

If $\mathbf Y$ is a standard Fleming-Viot process with constant mutation rate (in the infinitely many sites model) then it is well known that for each $t>0$ the measure $\mathbf Y_t$ is purely atomic with infinitely many atoms. However,…

Probability · Mathematics 2013-04-05 Julien Berestycki , Leif Doering , Leonid Mytnik , Lorenzo Zambotti

In this paper we investigate a sequence of square integrable random processes with space varying memory. We establish sufficient conditions for the central limit theorem in the space $L^2(\mu)$ for the partial sums of the sequence of random…

Probability · Mathematics 2015-09-02 Vaidotas Characiejus , Alfredas Račkauskas

Extreme events can come either from point processes, when the size or energy of the events is above a certain threshold, or from time series, when the intensity of a signal surpasses a threshold value. We are particularly concerned by the…

Statistical Mechanics · Physics 2017-07-26 Alvaro Corral

Extending the ideas of [7], this paper aims at providing a kernel based non-parametric estimation of a new class of time varying AR(1) processes (Xt), with local stationarity and periodic features (with a known period T), inducing the…

Statistics Theory · Mathematics 2018-11-13 Jean-Marc Bardet , Paul Doukhan

We establish a new class of functional central limit theorems for partial sum of certain symmetric stationary infinitely divisible processes with regularly varying L\'{e}vy measures. The limit process is a new class of symmetric stable…

Probability · Mathematics 2015-01-16 Takashi Owada , Gennady Samorodnitsky

For a strictly stationary sequence of $\mathbb{R}_{+}^{d}$--valued random vectors we derive functional convergence of partial maxima stochastic processes under joint regular variation and weak dependence conditions. The limit process is an…

Probability · Mathematics 2016-07-14 Danijel Krizmanić