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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

In this paper, we consider function-indexed normalized weighted integrated periodograms for equidistantly sampled multivariate continuous-time state space models which are multivariate continuous-time ARMA processes. Thereby, the sampling…

Statistics Theory · Mathematics 2022-09-16 Vicky Fasen-Hartmann , Celeste Mayer

In this paper, we investigate estimators for symmetric $\alpha$-stable CARMA processes sampled equidistantly. Simulation studies suggest that the Whittle estimator and the estimator presented in Garc\'{\i}a et al. (2011) are consistent…

Statistics Theory · Mathematics 2020-09-11 Vicky Fasen-Hartmann , Celeste Mayer

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

We consider quasi maximum likelihood (QML) estimation for general non-Gaussian discrete-ime linear state space models and equidistantly observed multivariate L\'evy-driven continuoustime autoregressive moving average (MCARMA) processes. In…

Statistics Theory · Mathematics 2015-05-19 Eckhard Schlemm , Robert Stelzer

This paper addresses the estimation of locally stationary long-range dependent processes, a methodology that allows the statistical analysis of time series data exhibiting both nonstationarity and strong dependency. A time-varying…

Statistics Theory · Mathematics 2010-11-12 Wilfredo Palma , Ricardo Olea

For long memory time series models with uncorrelated but dependent errors, we establish the asymptotic normality of the Whittle estimator under mild conditions. Our framework includes the widely used FARIMA models with GARCH-type…

Methodology · Statistics 2009-03-19 Xiaofeng Shao

We establish asymptotic properties of $M$-estimators, defined in terms of a contrast function and observations from a continuous-time locally stationary process. Using the stationary approximation of the sequence, $\theta$-weak dependence,…

Statistics Theory · Mathematics 2021-05-11 Bennet Ströh

Moving from univariate to bivariate jointly dependent long-memory time series introduces a phase parameter $(\gamma)$, at the frequency of principal interest, zero; for short-memory series $\gamma=0$ automatically. The latter case has also…

Statistics Theory · Mathematics 2008-11-07 P. M. Robinson

We introduce a general theory on stationary approximations for locally stationary continuous-time processes. Based on the stationary approximation, we use $\theta$-weak dependence to establish laws of large numbers and central limit type…

Probability · Mathematics 2022-03-01 Robert Stelzer , Bennet Ströh

A continuous-time nonlinear regression model with L\'evy-driven linear noise process is considered. Sufficient conditions of consistency and asymptotic normality of the Whittle estimator for the parameter of the noise spectral density are…

Probability · Mathematics 2019-09-24 A. V. Ivanov , N. N. Leonenko , I. V. Orlovskyi

We establish the asymptotic validity of frequency-domain inference for stationary multivariate Hawkes processes under mild conditions, bridging the gap between theory and application. By developing upper-bounds on the reduced cumulant…

Statistics Theory · Mathematics 2026-04-14 Yifu Tang , Conor Kresin , Boris Baeumer , Ting Wang

The aim of this paper is to develop estimation and inference methods for the drift parameters of multivariate L\'evy-driven continuous-time autoregressive processes of order $p\in\mathbb{N}$. Starting from a continuous-time observation of…

Methodology · Statistics 2023-07-26 Lorenzo Lucchese , Mikko S. Pakkanen , Almut E. D. Veraart

We consider the parametric estimation of the driving L\'evy process of a multivariate continuous-time autoregressive moving average (MCARMA) process, which is observed on the discrete time grid $(0,h,2h,...)$. Beginning with a new state…

Probability · Mathematics 2015-05-19 Peter J. Brockwell , Eckhard Schlemm

The linear fractional stable motion generalizes two prominent classes of stochastic processes, namely stable L\'evy processes, and fractional Brownian motion. For this reason it may be regarded as a basic building block for continuous time…

Statistics Theory · Mathematics 2022-08-17 Fabian Mies , Mark Podolskij

In this article we consider L\'evy driven continuous time moving average processes observed on a lattice, which are stationary time series. We show asymptotic normality of the sample mean, the sample autocovariances and the sample…

Probability · Mathematics 2012-06-15 Serge Cohen , Alexander Lindner

This work develops non-asymptotic theory for estimation of the long-run variance matrix and its inverse, the so-called precision matrix, for high-dimensional time series under general assumptions on the dependence structure including…

Statistics Theory · Mathematics 2023-01-02 Changryong Baek , Marie-Christine Düker , Vladas Pipiras

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

Fitting parametric models by optimizing frequency domain objective functions is an attractive approach of parameter estimation in time series analysis. Whittle estimators are a prominent example in this context. Under weak conditions and…

Statistics Theory · Mathematics 2021-07-26 Jens-Peter Kreiss , Efstathios Paparoditis

We develop an estimator for the high-dimensional covariance matrix of a locally stationary process with a smoothly varying trend and use this statistic to derive consistent predictors in non-stationary time series. In contrast to the…

Methodology · Statistics 2020-01-08 Holger Dette , Weichi Wu
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