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In this paper we introduce a ten-parameter family of L\'{e}vy processes for which we obtain Wiener-Hopf factors and distribution of the supremum process in semi-explicit form. This family allows an arbitrary behavior of small jumps and…

Probability · Mathematics 2010-11-09 Alexey Kuznetsov

In [16], under mild conditions, a Wiener-Hopf type factorization is derived for the exponential functional of proper L\'evy processes. In this paper, we extend this factorization by relaxing a finite moment assumption as well as by…

Probability · Mathematics 2011-07-05 Pierre Patie , Mladen Savov

We study the Wiener--Hopf factorization and the distribution of extrema for general stable processes. By connecting the Wiener--Hopf factors with a certain elliptic-like function we are able to obtain many explicit and general results, such…

Probability · Mathematics 2011-04-11 Alexey Kuznetsov

The Wiener-Hopf equations are a Toeplitz system of linear equations that naturally arise in several applications in time series. These include the update and prediction step of the stationary Kalman filter equations and the prediction of…

Statistics Theory · Mathematics 2022-01-19 Suhasini Subba Rao , Junho Yang

In this paper we study the Wiener-Hopf factorization for a class of L\'evy processes with double-sided jumps, characterized by the fact that the density of the L\'evy measure is given by an infinite series of exponential functions with…

Probability · Mathematics 2012-01-30 Alexey Kuznetsov

This paper reviews the modern state of the Wiener--Hopf factorization method and its generalizations. The main constructive results for matrix Wiener--Hopf are presented, approximation methods are outlined and the main areas of applications…

Classical Analysis and ODEs · Mathematics 2021-07-14 Anastasia Kisil , David Abrahams , Gennady Mishuris , Sergei Rogosin

This paper introduces a new method for constructing approximate solutions to a class of Wiener--Hopf equations. This is particularly useful since exact solutions of this class of Wiener--Hopf equations, at the moment, cannot be obtained.…

Analysis of PDEs · Mathematics 2017-03-27 Anastasia V. Kisil

Extending earlier work by Rogers, Wiener-Hopf factorisation is studied for a class of functions closely related to Nevanlinna-Pick functions and complete Bernstein functions. The name 'Rogers functions' is proposed for this class. Under…

Complex Variables · Mathematics 2013-12-09 Mateusz Kwaśnicki

We suggest new closely related methods for numerical inversion of $Z$-transform and Wiener-Hopf factorization of functions on the unit circle, based on sinh-deformations of the contours of integration, corresponding changes of variables and…

Numerical Analysis · Mathematics 2024-05-08 Svetlana Boyarchenko , Sergei Levendorskiĭ

This work contributes to the theory of Wiener-Hopf type factorization for finite Markov chains. This theory originated in the seminal paper Barlow et al. (1980), which treated the case of finite time-homogeneous Markov chains. Since then,…

Probability · Mathematics 2019-03-01 Tomasz R. Bielecki , Ziteng Cheng , Igor Cialenco , Ruoting Gong

The generalized inverse Gaussian-Poisson (GIGP) distribution proposed by Sichel in the 1970s has proved to be a flexible fitting tool for diverse frequency data, collectively described using the item production model. In this paper, we…

Statistics Theory · Mathematics 2023-03-16 Leonid V. Bogachev , Ruheyan Nuermaimaiti , Jochen Voss

In this paper we derive the Wiener-Hopf factorization for a finite-state time-inhomogeneous Markov chain. To the best of our knowledge, this study is the first attempt to investigate the Wiener-Hopf factorization for time-inhomogeneous…

Probability · Mathematics 2018-02-13 Tomasz R. Bielecki , Igor Cialenco , Ruoting Gong , Yicong Huang

Deep Gaussian processes (DGPs), a hierarchical composition of GP models, have successfully boosted the expressive power of their single-layer counterpart. However, it is impossible to perform exact inference in DGPs, which has motivated the…

Machine Learning · Computer Science 2021-05-27 Haibin Yu , Dapeng Liu , Yizhou Chen , Bryan Kian Hsiang Low , Patrick Jaillet

The generalized inverse Gaussian, denoted $\mathrm{GIG}(p, a, b)$, is a flexible family of distributions that includes the gamma, inverse gamma, and inverse Gaussian distributions as special cases. In addition to its applications in…

Computation · Statistics 2025-01-28 Victor Peña , Michael Jauch

We study the Wiener-Hopf factorization for L\'evy processes $X_t$ with completely monotone jumps. Extending previous results of L.C.G. Rogers, we prove that the space-time Wiener-Hopf factors are complete Bernstein functions of both the…

Probability · Mathematics 2018-11-19 Mateusz Kwaśnicki

The paper gives some properties of hitting times and an analogue of the Wiener-Hopf factorization for the Kendall random walk. We show also that the Williamson transform is the best tool for problems connected with the Kendall generalized…

Probability · Mathematics 2016-12-12 B. H. Jasiulis-Gołdyn , J. K. Misiewicz

Explicit solutions to the non-linear field equations of some gravitational theories can be obtained, by means of a Riemann-Hilbert approach, from a canonical Wiener-Hopf factorisation of certain matrix functions called monodromy matrices.…

Mathematical Physics · Physics 2024-07-31 M. Cristina Câmara , Gabriel Lopes Cardoso

Variational inference is a powerful tool for approximate inference, and it has been recently applied for representation learning with deep generative models. We develop the variational Gaussian process (VGP), a Bayesian nonparametric…

Machine Learning · Statistics 2016-04-19 Dustin Tran , Rajesh Ranganath , David M. Blei

Suppose $X_{t}$ is a one-dimensional and real-valued L\'evy process started from $X_0=0$, which ({\bf 1}) its nonnegative jumps measure $\nu$ satisfying $\int_{\Bbb R}\min\{1,x^2\}\nu(dx)<\infty$ and ({\bf 2}) its stopping time $\tau(q)$ is…

Probability · Mathematics 2017-01-20 Amir T. Payandeh Najafabadi , Dan Z. Kucerovsky

We study the equation $M_\Psi(z+1)=\frac{-z}{\Psi(-z)}M_\Psi(z), M_\Psi(1)=1$ defined on a subset of the imaginary line and where $\Psi$ is a negative definite functions. Using the Wiener-Hopf method we solve this equation in a two terms…

Probability · Mathematics 2022-05-24 Pierre Patie , Mladen Savov
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