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We study parametric inference for diffusion processes when observations occur nonsynchronously and are contaminated by market microstructure noise. We construct a quasi-likelihood function and study asymptotic mixed normality of…

Statistics Theory · Mathematics 2015-12-29 Teppei Ogihara

Many nonlinear time series models have been proposed in the last decades. Among them, the models with regime switchings provide a class of versatile and interpretable models which have received a particular attention in the literature. In…

Applications · Statistics 2014-05-20 Pierre Ailliot , Francoise Pene

We prove the strong consistency and the asymptotic normality of the maximum likelihood estimator of the parameters of a general conditionally heteroscedastic model with $\alpha$-stable innovations. Then, we relax the assumptions and only…

Statistics Theory · Mathematics 2013-01-01 Guillaume Lepage

We consider the problem of estimating the distribution function, the density and the hazard rate of the (unobservable) event time in the current status model. A well studied and natural nonparametric estimator for the distribution function…

Statistics Theory · Mathematics 2010-01-13 Piet Groeneboom , Geurt Jongbloed , Birgit I. Witte

Maximum likelihood (ML) estimation is widely used in statistics. The h-likelihood has been proposed as an extension of Fisher's likelihood to statistical models including unobserved latent variables of recent interest. Its advantage is that…

Methodology · Statistics 2022-07-21 Jeongseop Han , Youngjo Lee , Jae Kwang Kim

This paper considers estimating the parameters in a regime-switching stochastic differential equation(SDE) driven by Normal Inverse Gaussian(NIG) noise. The model under consideration incorporates a continuous-time finite state Markov chain…

Computation · Statistics 2024-12-10 Yuzhong Cheng , Hiroki Masuda

This paper studies the robustness of quasi-maximum-likelihood (QML) estimation in hidden Markov models (HMMs) when the regime-switching structure is misspecified. Specifically, we examine the case where the true data-generating process…

Econometrics · Economics 2026-01-14 Demian Pouzo , Martin Sola , Zacharias Psaradakis

Maximum likelihood estimation of a location parameter fails when the density have unbounded mode. An alternative approach is considered by leaving out a data point to avoid the unbounded density in the full likelihood. This modification…

Methodology · Statistics 2016-02-04 Thanakorn Nitithumbundit , Jennifer S. K. Chan

The aim of this paper is to study the asymptotic properties of the maximum likelihood estimator (MLE) of the drift coefficient for fractional stochastic heat equation driven by an additive space-time noise. We consider the traditional for…

Probability · Mathematics 2019-04-25 Igor Cialenco , Francisco Delgado-Vences , Hyun-Jung Kim

In this paper, the maximum L$q$-likelihood estimator (ML$q$E), a new parameter estimator based on nonextensive entropy [Kibernetika 3 (1967) 30--35] is introduced. The properties of the ML$q$E are studied via asymptotic analysis and…

Statistics Theory · Mathematics 2010-02-25 Davide Ferrari , Yuhong Yang

We consider regression models involving multilayer perceptrons (MLP) with one hidden layer and a Gaussian noise. The data are assumed to be generated by a true MLP model and the estimation of the parameters of the MLP is done by maximizing…

Statistics Theory · Mathematics 2010-12-01 Joseph Rynkiewicz

This paper proposes a novel exact maximum likelihood (ML) estimation method for general Gaussian processes, where all parameters are estimated jointly. The exact ML estimator (MLE) is consistent and asymptotically normally distributed. We…

Statistics Theory · Mathematics 2025-09-08 Tetsuya Takabatake , Jun Yu , Chen Zhang

Maximum likelihood estimation (MLE) of latent variable models is often recast as the minimization of a free energy functional over an extended space of parameters and probability distributions. This perspective was recently combined with…

Machine Learning · Computer Science 2024-06-05 Jen Ning Lim , Juan Kuntz , Samuel Power , Adam M. Johansen

A Markov-switching observation-driven model is a stochastic process $((S_t,Y_t))_{t \in \mathbb{Z}}$ where $(S_t)_{t \in \mathbb{Z}}$ is an unobserved Markov chain on a finite set and $(Y_t)_{t \in \mathbb{Z}}$ is an observed stochastic…

Econometrics · Economics 2025-12-30 Frederik Krabbe

We consider the system identification problem of estimating a dynamical parameter of a Markovian quantum open system (the atom maser), by performing continuous time measurements in the system's output (outgoing atoms). Two estimation…

Quantum Physics · Physics 2015-06-17 Catalin Catana , Theodore Kypraios , Madalin Guta

We study the parameter estimation method for linear regression models with possibly skewed stable distributed errors. Our estimation procedure consists of two stages: first, for the regression coefficients, the Cauchy quasi-maximum…

Statistics Theory · Mathematics 2025-06-25 Eitaro Kawamo , Hiroki Masuda

Suppose we observe a geometrically ergodic semi-Markov process and have a parametric model for the transition distribution of the embedded Markov chain, for the conditional distribution of the inter-arrival times, or for both. The first two…

Statistics Theory · Mathematics 2007-12-21 Ursula U. Müller , Anton Schick , Wolfgang Wefelmeyer

This paper deals with the maximum likelihood estimator for the mean-reverting parameter of a first order autoregressive models with exogenous variables, which are stationary Gaussian noises (Colored noise). Using the method of the Laplace…

Statistics Theory · Mathematics 2020-11-19 Chunhao Cai

In this paper, we prove that finite state space non parametric hidden Markov models are identifiable as soon as the transition matrix of the latent Markov chain has full rank and the emission probability distributions are linearly…

Methodology · Statistics 2013-06-20 Elisabeth Gassiat , Alice Cleynen , Stéphane Robin

We show that there is an intimate connection between the theory of nonparametric (smoothed) maximum likelihood estimators for certain inverse problems and integral equations. This is illustrated by estimators for interval censoring and…

Statistics Theory · Mathematics 2013-08-13 Piet Groeneboom