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We extend the recently developed rough path theory for Volterra equations from (Harang and Tindel, 2019) to the case of more rough noise and/or more singular Volterra kernels. It was already observed in (Harang and Tindel, 2019) that the…

Probability · Mathematics 2021-02-23 Fabian A. Harang , Samy Tindel , Xiaohua Wang

We obtain strong consistency and asymptotic normality of a least squares estimator of the drift coefficient for complex-valued Ornstein-Uhlenbeck processes disturbed by fractional noise, extending the result of Y. Hu and D. Nualart,…

Probability · Mathematics 2017-01-27 Yong Chen , Yaozhong Hu , Zhi Wang

The generalization of fractional Brownian motion in infinite-dimensional white and grey noise spaces has been recently carried over, following the Mandelbrot-Van Ness representation, through Riemann-Liouville type fractional operators. Our…

Probability · Mathematics 2023-09-26 Luisa Beghin , Lorenzo Cristofaro , Yuliya Mishura

We study pathwise invariances of centred random fields that can be controlled through the covariance. A result involving composition operators is obtained in second-order settings, and we show that various path properties including…

Statistics Theory · Mathematics 2013-08-07 David Ginsbourger , Olivier Roustant , Nicolas Durrande

We introduce a local non-determinism condition for Volterra It\^{o} processes that captures smoothing properties of possibly degenerate noise. By combining the stochastic sewing lemma with one-step Euler approximations, we first prove the…

Probability · Mathematics 2026-03-26 Martin Friesen

Covariance operators are fundamental in functional data analysis, providing the canonical means to analyse functional variation via the celebrated Karhunen--Lo\`eve expansion. These operators may themselves be subject to variation, for…

Methodology · Statistics 2020-12-17 Valentina Masarotto , Victor M. Panaretos , Yoav Zemel

We introduce a novel simulation scheme, iVi (integrated Volterra implicit), for integrated Volterra square-root processes and Volterra Heston models based on the Inverse Gaussian distribution. The scheme is designed to handle $L^1$ kernels…

Mathematical Finance · Quantitative Finance 2025-04-29 Eduardo Abi Jaber , Elie Attal

Various approaches to stochastic processes exist, noting that key properties such as measurability and continuity are not trivially satisfied. We introduce a new theory for Gaussian processes using improper linear functionals. Using a…

Statistics Theory · Mathematics 2020-10-15 Niels Lundtorp Olsen

In Chen and Zhou 2021, they consider an inference problem for an Ornstein-Uhlenbeck process driven by a general one-dimensional centered Gaussian process $(G_t)_{t\ge 0}$. The second order mixed partial derivative of the covariance function…

Statistics Theory · Mathematics 2021-12-30 Yong Chen , Xiangmeng Gu , Ying Li

We study multidimensional stochastic volatility models in which the volatility process is a positive continuous function of a continuous multidimensional Volterra process that can be not self-similar. The main results obtained in this paper…

Probability · Mathematics 2022-09-15 Giulia Catalini , Barbara Pacchiarotti

We establish an explicit expression for the conditional Laplace transform of the integrated Volterra Wishart process in terms of a certain resolvent of the covariance function. The core ingredient is the derivation of the conditional…

Probability · Mathematics 2024-07-09 Eduardo Abi Jaber

We introduce a flexible and tractable infinite-dimensional stochastic volatility model. More specifically, we consider a Hilbert space valued Ornstein-Uhlenbeck-type process, whose instantaneous covariance is given by a pure-jump stochastic…

Probability · Mathematics 2021-08-06 Sonja Cox , Sven Karbach , Asma Khedher

We show that small ball estimates together with Holder continuity assumption allow to obtain new representation results in models with long memory. In order to apply these results, we establish small ball probability estimates for Gaussian…

Probability · Mathematics 2015-08-31 Yuliya Mishura , Georgiy Shevchenko

We propose a new theoretical framework that exploits convolution kernels to transform a Volterra-type path-dependent (non-Markovian) stochastic process into a standard (Markovian) diffusion process. Remarkably, it is also possible to go…

Mathematical Finance · Quantitative Finance 2025-10-10 Ofelia Bonesini , Giorgia Callegaro , Martino Grasselli , Gilles Pagès

We derive unique Banach-valued solutions to stochastic Volterra equations with random coefficients that may depend on pure chance and involve singular kernels. In particular, for controlled and distribution-dependent coefficients these…

Probability · Mathematics 2026-02-11 Alexander Kalinin

Path integrals play a crucial role in describing the dynamics of physical systems subject to classical or quantum noise. In fact, when correctly normalized, they express the probability of transition between two states of the system. In…

Statistical Mechanics · Physics 2020-09-02 Giulio Corazza , Matteo Fadel

Neal (1996) proved that infinitely wide shallow Bayesian neural networks (BNN) converge to Gaussian processes (GP), when the network weights have bounded prior variance. Cho & Saul (2009) provided a useful recursive formula for deep kernel…

Machine Learning · Statistics 2025-05-05 Jorge Loría , Anindya Bhadra

The existence of strong solutions and pathwise uniqueness are established for one-dimensional stochastic Volterra equations with locally H{\"o}lder continuous diffusion coefficients and sufficiently regular kernels. Moreover, we study the…

Probability · Mathematics 2023-06-02 David J. Prömel , David Scheffels

Predicting the conditional evolution of Volterra processes with stochastic volatility is a crucial challenge in mathematical finance. While deep neural network models offer promise in approximating the conditional law of such processes,…

Numerical Analysis · Mathematics 2024-05-31 Reza Arabpour , John Armstrong , Luca Galimberti , Anastasis Kratsios , Giulia Livieri

The Volterra signature extends the classical path signature by incorporating general matrix-valued kernel into its iterated integral structure, yielding a flexible notion of memory for time series. Its components can be viewed as successive…

Numerical Analysis · Mathematics 2026-05-19 Paul P. Hager , Fabian N. Harang , Luca Pelizzari , Samy Tindel