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We analyze a specific class of random systems that are driven by a symmetric L\'{e}vy stable noise. In view of the L\'{e}vy noise sensitivity to the confining "potential landscape" where jumps take place (in other words, to environmental…

Statistical Mechanics · Physics 2015-06-11 M. Zaba , P. Garbaczewski , V. Stephanovich

We derive a nonparametric higher-order asymptotic expansion for small-time changes of conditional characteristic functions of It\^o semimartingale increments. The asymptotics setup is of joint type: both the length of the time interval of…

Statistical Finance · Quantitative Finance 2025-02-12 Carsten H. Chong , Viktor Todorov

L\'evy noise is a paradigmatic noise used to describe out-of-equilibrium systems. Typically, properties of L\'evy noise driven systems are very different from their Gaussian white noise driven counterparts. In particular, under action of…

Statistical Mechanics · Physics 2024-07-17 Przemysław Pogorzelec , Bartłomiej Dybiec

Variational inference is a powerful tool for approximate inference. However, it mainly focuses on the evidence lower bound as variational objective and the development of other measures for variational inference is a promising area of…

Machine Learning · Computer Science 2016-12-06 Michael Figurnov , Kirill Struminsky , Dmitry Vetrov

In this paper, we present a test for the maximal rank of the volatility process in continuous diffusion models observed with noise. Such models are typically applied in mathematical finance, where latent price processes are corrupted by…

Statistics Theory · Mathematics 2019-04-08 Tobias Fissler , Mark Podolskij

This paper proposes an event-triggered variational Bayesian filter for remote state estimation with unknown and time-varying noise covariances. After presetting multiple nominal process noise covariances and an initial measurement noise…

Signal Processing · Electrical Eng. & Systems 2022-06-15 Xiaoxu Lv , Peihu Duan , Zhisheng Duan , Guanrong Chen , Ling Shi

We report measurements and analysis of the voltage noise due the to vortex motion, performed in superconducting Niobium micro-bridges. Noise in such small systems exhibits important changes from the behavior commonly reported in macroscopic…

Superconductivity · Physics 2007-05-23 J. Scola , A. Pautrat , C. Goupil , Ch. Simon , B. Domenges , C. Villard

Instrumental variables are commonly used to estimate effects of a treatment afflicted by unmeasured confounding, and in practice instruments are often continuous (e.g., measures of distance, or treatment preference). However, available…

Methodology · Statistics 2018-07-05 Edward H. Kennedy , Scott A. Lorch , Dylan S. Small

In this paper we consider two processes driven by diffusions and jumps. The jump components are Levy processes and they can both have finite activity and infinite activity. Given discrete observations we estimate the covariation between the…

Probability · Mathematics 2009-11-13 Fabio Gobbi , Cecilia Mancini

We demonstrate occurrence of bimodality and dynamical hysteresis in a system describing an overdamped quartic oscillator perturbed by additive white and asymmetric L\'evy noise. Investigated estimators of the stationary probability density…

Statistical Mechanics · Physics 2009-11-13 Bartłomiej Dybiec , Ewa Gudowska-Nowak

We use the Gaussian approximation describing photocount statistics for both the homodyne and the double homodyne (heterodyne) measurements to study asymmetry effects arising from imbalance of the beam splitters and variations in quantum…

Quantum Physics · Physics 2025-12-30 A. S. Naumchik , Roman K. Goncharov , Alexei D. Kiselev

One central goal of design of observational studies is to embed non-experimental data into an approximate randomized controlled trial using statistical matching. Despite empirical researchers' best intention and effort to create…

Methodology · Statistics 2022-06-22 Kan Chen , Siyu Heng , Qi Long , Bo Zhang

In [Precise Asymptotics for Robust Stochastic Volatility Models; Ann. Appl. Probab. 2021] we introduce a new methodology to analyze large classes of (classical and rough) stochastic volatility models, with special regard to short-time and…

Computational Finance · Quantitative Finance 2021-09-30 Peter K. Friz , Paul Gassiat , Paolo Pigato

We propose a new estimator for the integrated covariance of two Ito semimartingales observed at a high-frequency. This new estimator, which we call the pre-averaged truncated Hayashi-Yoshida estimator, enables us to separate the sum of the…

Statistics Theory · Mathematics 2013-05-07 Yuta Koike

We consider a slow passage through a point of loss of stability. If the passage is sufficiently slow, the dynamics are controlled by additive random disturbances, even if they are extremely small. We derive expressions for the `exit value'…

adap-org · Physics 2008-02-03 G. D. Lythe

We give both sufficient conditions and necessary conditions for the stochastic stability of non-uniformly expanding maps either with or without critical sets. We also show that the number of probability measures describing the statistical…

Dynamical Systems · Mathematics 2010-07-20 Jose F. Alves , Vitor Araujo

Quantum metrology aims to use quantum resources to improve the precision of measurement. Quantum criticality has been presented as a novel and efficient resource. Generally, protocols of criticality-based quantum metrology often work…

Quantum Physics · Physics 2024-05-07 Wan-Ting He , Cong-Wei Lu , Yi-Xuan Yao , Hai-Yuan Zhu , Qing Ai

We introduce the notion of relative volatility/intermittency and demonstrate how relative volatility statistics can be used to estimate consistently the temporal variation of volatility/intermittency when the data of interest are generated…

Statistics Theory · Mathematics 2015-09-16 Ole E. Barndorff-Nielsen , Mikko S. Pakkanen , Jürgen Schmiegel

The estimation of the covariance structure from a discretely observed multivariate Gaussian process under asynchronicity and noise is analysed under high-frequency asymptotics. Asymptotic lower and upper bounds are established for a general…

Statistics Theory · Mathematics 2020-04-21 Sebastian Holtz

This paper shows how to carry out efficient asymptotic variance reduction when estimating volatility in the presence of stochastic volatility and microstructure noise with the realized kernels (RK) from [Barndorff-Nielsen et al., 2008] and…

Statistical Finance · Quantitative Finance 2018-06-28 Simon Clinet , Yoann Potiron