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Related papers: Estimating functions for jump-diffusions

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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

In this paper,we consider a macro approximation of the flow of a risk reserve, The process is observed at discrete time points. Because we cannot directly observe each jump time and size then we will make use of a technique for identifying…

Statistics Theory · Mathematics 2016-06-22 Chunhao Cai , Junyi Guo , Honglong You

We prove the global asymptotic equivalence between the experiments generated by the discrete (high frequency) or continuous observation of a path of a time inhomogeneous jump-diffusion process and a Gaussian white noise experiment. Here,…

Probability · Mathematics 2015-03-24 Ester Mariucci

We revisit the problem of estimating the parameters of a partially observed diffusion process, consisting of a hidden state process and an observed process, with a continuous time parameter. The estimation is to be done online, i.e. the…

Optimization and Control · Mathematics 2018-10-16 Simone Carlo Surace , Jean-Pascal Pfister

Certain extremum estimators have asymptotic distributions that are non-Gaussian, yet characterizable as the distribution of the $\argmax$ of a Gaussian process. This paper presents high-level sufficient conditions under which such…

Econometrics · Economics 2025-10-24 Matias D. Cattaneo , Gregory Fletcher Cox , Michael Jansson , Kenichi Nagasawa

Score-based diffusion models, while achieving minimax optimality for sampling, are often hampered by slow sampling speeds due to the high computational burden of score function evaluations. Despite the recent remarkable empirical advances…

Machine Learning · Computer Science 2025-02-27 Gen Li , Changxiao Cai

We study efficiency of non-parametric estimation of diffusions (stochastic differential equations driven by Brownian motion) from long stationary trajectories. First, we introduce estimators based on conditional expectation which is…

Probability · Mathematics 2021-05-26 Xi Chen , Ilya Timofeyev

We derive the joint asymptotic distribution of empirical quantiles and expected shortfalls under general conditions on the distribution of the underlying observations. In particular, we do not assume that the distribution function is…

Statistics Theory · Mathematics 2016-11-28 Tobias Zwingmann , Hajo Holzmann

The main purpose of this chapter is to present some theoretical aspects of parametric estimation of L\'evy processes based on high-frequency sampling, with a focus on infinite activity pure-jump models. Asymptotics for several classes of…

Statistics Theory · Mathematics 2014-09-02 Hiroki Masuda

In this paper, we consider parameter estimation and quasi-likelihood ratio tests for multidimensional jump-diffusion processes defined by stochastic differential equations. In general, simultaneous estimation faces challenges such as an…

Statistics Theory · Mathematics 2025-02-25 Hiromasa Nishikawa , Tetsuya Kawai , Masayuki Uchida

We study the asymptotics for jump-penalized least squares regression aiming at approximating a regression function by piecewise constant functions. Besides conventional consistency and convergence rates of the estimates in $L^2([0,1))$ our…

Statistics Theory · Mathematics 2009-03-02 Leif Boysen , Angela Kempe , Volkmar Liebscher , Axel Munk , Olaf Wittich

In this paper we consider two semimartingales driven by diffusions and jumps. We allow both for finite activity and for infinite activity jump components. Given discrete observations we disentangle the {\it integrated covariation} (the…

Probability · Mathematics 2008-12-10 Fabio Gobbi , Cecilia Mancini

This paper proposes a widely applicable method of approximate maximum-likelihood estimation for multivariate diffusion process from discretely sampled data. A closed-form asymptotic expansion for transition density is proposed and…

Statistics Theory · Mathematics 2013-08-14 Chenxu Li

The nonparametric volatility estimation problem of a scalar diffusion process observed at equidistant time points is addressed. Using the spectral representation of the volatility in terms of the invariant density and an eigenpair of the…

Applications · Statistics 2016-04-01 Jakub Chorowski

The article considers parameter estimation constructing such as quasi-maximum likelyhood estimation and one step estimation in statistical models generated by solution of stochastic differential equation. It has been developed a software…

Statistics Theory · Mathematics 2021-03-12 Dmytro Ivanenko , Rostyslav Pogorielov

We describe stochastic calculus in the context of processes that are driven by an adapted point process of locally finite intensity and are differentiable between jumps. This includes Markov chains as well as non-Markov processes. By…

Probability · Mathematics 2016-07-26 Eric Foxall

We define a generalized index of jump activity, propose estimators of that index for a discretely sampled process and derive the estimators' properties. These estimators are applicable despite the presence of Brownian volatility in the…

Statistics Theory · Mathematics 2009-08-24 Yacine Aït-Sahalia , Jean Jacod

This paper studies the limit of a kinetic evolution equation involving a small parameter and driven by a random process which also scales with the small parameter. In order to prove the convergence in distribution to the solution of a…

Probability · Mathematics 2021-06-28 Shmuel Rakotonirina-Ricquebourg

Statistical inference for discretely observed jump-diffusion processes is a complex problem which motivates new methodological challenges. Thus existing approaches invariably resort to time-discretisations which inevitably lead to…

Methodology · Statistics 2023-03-02 Flávio B. Gonçalves , Krzysztof G. Łatuszyński , Gareth O. Roberts

Of stochastic differential equations, diffusion processes have been adopted in numerous applications, as more relevant and flexible models. This paper studies diffusion processes in a different setting, where for a given stationary…

Probability · Mathematics 2024-12-31 Saber Jafarizadeh
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