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We introduce L\'evy-driven causal CARMA random fields on $\mathbb{R}^d$, extending the class of CARMA processes. The definition is based on a system of stochastic partial differential equations which generalize the classical state-space…

Probability · Mathematics 2018-05-24 Viet Son Pham

We present an outline of the theory of certain L\'evy-driven, multivariate stochastic processes, where the processes are represented by rational transfer functions (Continuous-time AutoRegressive Moving Average or CARMA models) and their…

Probability · Mathematics 2012-01-04 Robert Stelzer

In this paper we develop an $L_2$-theory for stochastic partial differential equations driven by L\'evy processes. The coefficients of the equations are random functions depending on time and space variables, and no smoothness assumption of…

Probability · Mathematics 2010-07-26 Zhen-Qing Chen , Kyeong-Hun Kim

A spectral representation for regularly varying L\'evy processes with index between one and two is established and the properties of the resulting random noise are discussed in detail giving also new insight in the $L^2$-case where the…

Probability · Mathematics 2011-05-16 Florian Fuchs , Robert Stelzer

Continuous-time autoregressive moving average (CARMA) process driven by simple semi-L\'evy process has periodically correlated property with many potential application in finance. In this paper, we study on the estimation of the parameters…

Probability · Mathematics 2019-12-24 N. Modarresi , S. Rezakhah , M. Mohammadi

We adapt the classical definition of locally stationary processes in discrete-time to the continuous-time setting and obtain equivalent representations in the time and frequency domain. From this, a unique time-varying spectral density is…

Probability · Mathematics 2021-04-29 Annemarie Bitter , Robert Stelzer , Bennet Ströh

This paper is devoted to the characterization of an extended family of CARMA (continuous-time autoregressive moving average) processes that are solutions of stochastic differential equations driven by white Levy innovations. These are…

Information Theory · Computer Science 2015-03-19 Michael Unser , Pouya D. Tafti , Arash Amini , Hagai Kirshner

The class of multivariate L\'{e}vy-driven autoregressive moving average (MCARMA) processes, the continuous-time analogs of the classical vector ARMA processes, is shown to be equivalent to the class of continuous-time state space models.…

Statistics Theory · Mathematics 2012-03-02 Eckhard Schlemm , Robert Stelzer

In this article we show that a finite dimensional stochastic differential equation driven by a L\'evy process can be formulated as a stochastic partial differential equation. We prove the existence and uniqueness of strong solutions of such…

Probability · Mathematics 2018-02-15 Suprio Bhar , Rajeev Bhaskaran , Barun Sarkar

In this paper we present an $L^p$-theory for the stochastic partial differential equations (SPDEs in abbreciation) driven by L\'e{}vy processes. Existence and uniqueness of solutions in Sobolev spaces are obtained. The coefficients of SPDEs…

Probability · Mathematics 2010-07-21 Zhen-Qing Chen , Kyeong-Hun Kim

We show that a conditional characteristic function of generalized L\'evy stochastic areas can be viewed as a product a selfdecomposable distribution (i.e., L\'evy class L distribution) and its background driving characteristic function.…

Probability · Mathematics 2010-09-21 Zbigniew J. Jurek

To model subsurface flow in uncertain heterogeneous\ fractured media an elliptic equation with a discontinuous stochastic diffusion coefficient - also called random field - may be used. In case of a one-dimensional parameter space, L\'evy…

Numerical Analysis · Mathematics 2022-08-26 Andrea Barth , Robin Merkle

We discuss simulation schemes for continuous-time autoregressive moving average (CARMA) processes driven by tempered stable L\'evy noises. CARMA processes are the continuous-time analogue of ARMA processes as well as a generalization of…

Probability · Mathematics 2024-08-28 Till Massing

Exotic stochastic processes are shown to emerge in the quantum evolution of complex systems. Using influence function techniques, we consider the dynamics of a system coupled to a chaotic subsystem described through random matrix theory. We…

chao-dyn · Physics 2009-10-31 Dimitri Kusnezov , Aurel Bulgac , Giu Do Dang

We introduce the class of continuous-time autoregressive moving-average (CARMA) processes in Hilbert spaces. As driving noises of these processes we consider Levy processes in Hilbert space. We provide the basic definitions, show relevant…

Probability · Mathematics 2017-01-18 Fred Espen Benth , Andre Suess

We consider high-frequency sampled continuous-time autoregressive moving average (CARMA) models driven by finite-variance zero-mean L\'evy processes. An L^2-consistent estimator for the increments of the driving L\'evy process without order…

Probability · Mathematics 2013-02-01 Vincenzo Ferrazzano , Florian Fuchs

The paper shows how to use the R package yuima available on CRAN for the simulation and the estimation of a general L\'evy Continuous Autoregressive Moving Average (CARMA) model. The flexibility of the package is due to the fact that the…

Computation · Statistics 2014-09-11 Stefano M. Iacus , Lorenzo Mercuri

In this paper we study the existence of a unique solution for linear stochastic differential equations driven by a L\'evy process, where the initial condition and the coefficients are random and not necessarily adapted to the underlying…

Probability · Mathematics 2012-07-09 Jorge A. León , David Márquez-Carreras , Josep Vives

Continuous-time autoregressive and moving average (CARMA) models are extensively used to model high-frequency and irregularly sampled data. We study Whittle estimation for the model parameters when the process is observed at renewal times.…

Statistics Theory · Mathematics 2026-03-09 Frank Bosserhoff , Giacomo Francisci , Robert Stelzer

A class of continuous-time autoregressive moving average (CARMA) process driven by simple semi-Levy measure is defined and its properties are studied. We discuss some new insights on the structure of the semi-Levy measure which is described…

Probability · Mathematics 2018-01-09 N. Modarresi , S. Rezakhah , S. Shoaee
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