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Related papers: A Unified Approach to Stein's Method for Stable Di…

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We establish inequalities for assessing the distance between the distribution of errors of partially observed high-frequency statistics of multidimensional L\'evy processes and that of a mixed Gaussian random variable. Furthermore, we…

Probability · Mathematics 2025-04-14 Chiara Amorino , Arturo Jaramillo , Mark Podolskij

This paper provides a general framework for Stein's density method for multivariate continuous distributions. The approach associates to any probability density function a canonical operator and Stein class, as well as an infinite…

Probability · Mathematics 2023-04-27 Guillaume Mijoule , Martin Raič , Gesine Reinert , Yvik Swan

The explicit form for the characteristic function of a stable distribution on the line is derived analytically by solving the associated functional equation and applying theory of regular variation, without appeal to the general…

Probability · Mathematics 2016-04-26 E. J. G. Pitman , Jim Pitman

We propose a new general version of Stein's method for univariate distributions. In particular we propose a canonical definition of the Stein operator of a probability distribution {which is based on a linear difference or differential-type…

Probability · Mathematics 2016-03-28 Christophe Ley , Gesine Reinert , Yvik Swan

We present, in a unified way, a Stein methodology for infinitely divisible laws (without Gaussian component) having finite first moment. Based on a correlation representation, we obtain a characterizing non-local Stein operator which boils…

Probability · Mathematics 2019-04-08 Benjamin Arras , Christian Houdré

We derive Stein approximation bounds for functionals of uniform random variables, using chaos expansions and the Clark-Ocone representation formula combined with derivation and finite difference operators. This approach covers sums and…

Probability · Mathematics 2018-02-28 Nicolas Privault , Grzegorz Serafin

This paper is concerned with the Stein's method associated with a (possibly) asymmetric $\alpha$-stable distribution $Z$, in dimension one. More precisely, its goal is twofold. In the first part, we exhibit a genuine bound for the…

Probability · Mathematics 2018-09-12 Peng Chen , Ivan Nourdin , Lihu Xu

The L\'evy-stable distribution is the attractor of distributions which hold power laws with infinite variance. This distribution has been used in a variety of research areas, for example in economics it is used to model financial market…

Statistical Mechanics · Physics 2018-07-11 Karina Arias-Calluari , Fernando Alonso-Marroquin , Michael Harre

In this paper we extend Stein's method to the distribution of the product of $n$ independent mean zero normal random variables. A Stein equation is obtained for this class of distributions, which reduces to the classical normal Stein…

Probability · Mathematics 2017-05-30 Robert E. Gaunt

In this article, we develop Stein characterization for two-sided tempered stable distribution. Stein characterizations for normal, gamma, Laplace, and variance-gamma distributions already known in the literature follow easily. One can also…

Probability · Mathematics 2022-01-06 Kalyan Barman , N. S. Upadhye

This work explores and develops elements of Stein's method of approximation, in the infinitely divisible setting, and its connections to functional analysis. It is mainly concerned with multivariate self-decomposable laws without finite…

Probability · Mathematics 2019-11-12 Benjamin Arras , Christian Houdré

The purpose of this paper is to adapt the empirical characteristic function (ECF) method to stable, but possibly not inverse stable linear stochastic system driven by the increments of a Levy-process. A remarkable property of the ECF method…

Methodology · Statistics 2014-01-07 L. Gerencser , M. Manfay

In this article, we establish a general covariance identity for infinitely divisible distributions (IDD). Using this result, we derive Cacoullos type variance bounds for the IDD. Applications to some important distributions are discussed,…

Probability · Mathematics 2024-08-05 Kalyan Barman , Neelesh S Upadhye , Palaniappan Vellaisamy

We suppose that a L\'evy process is observed at discrete time points. A rather general construction of minimum-distance estimators is shown to give consistent estimators of the L\'evy-Khinchine characteristics as the number of observations…

Statistics Theory · Mathematics 2008-05-29 Michael H. Neumann , Markus Reiss

Via a Bismut-Elworthy-Li formula from [KPP23], we derive uniform gradient estimates for transition semigroups associated with stochastic differential equations driven by a large class of cylindrical L\'{e}vy processes which includes the…

Probability · Mathematics 2025-09-09 Thanh Dang , Lingjiong Zhu

Variance-Gamma distributions are widely used in financial modelling and contain as special cases the normal, Gamma and Laplace distributions. In this paper we extend Stein's method to this class of distributions. In particular, we obtain a…

Probability · Mathematics 2014-04-01 Robert E. Gaunt

Motivated by the omnipresence of extreme value distributions in limit theorems involving extremes of random processes, we adapt Stein's method to include these laws as possible target distributions. We do so by using the generator approach…

Probability · Mathematics 2025-07-02 Bruno Costacèque , Laurent Decreusefond

One of the key ingredients to successfully apply Stein's method for distributional approximation are solutions to the Stein equations and their derivatives. Using Barbour's generator approach, one can solve for the solutions to the Stein…

Probability · Mathematics 2019-06-04 Han L. Gan

Stein's method is used to approximate sums of discrete and locally dependent random variables by a centered and symmetric Binomial distribution. Under appropriate smoothness properties of the summands, the same order of accuracy as in the…

Probability · Mathematics 2007-05-23 Adrian Röllin

We develop a scale-invariant truncated L\'evy (STL) process to describe physical systems characterized by correlated stochastic variables. The STL process exhibits L\'evy stability for the probability density, and hence shows scaling…

Statistical Mechanics · Physics 2009-10-31 Boris Podobnik , Plamen Ch. Ivanov , Youngki Lee , H. Eugene Stanley
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