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We study inference for the driving L\'evy noise of an ergodic stochastic differential equation (SDE) model, when the process is observed at high-frequency and long time and when the drift and scale coefficients contain finite-dimensional…

Methodology · Statistics 2022-03-22 Hiroki Masuda , Lorenzo Mercuri , Yuma Uehara

A class of Fleming-Viot processes with decaying sampling rates and $\alpha$-stable motions that correspond to distributions with growing populations are introduced and analyzed. Almost sure long-time scaling limits for these processes are…

Probability · Mathematics 2021-10-12 Michael A. Kouritzin , Khoa Lê

In this paper, we study the fractional Poisson process (FPP) time-changed by an independent L\'evy subordinator and the inverse of the L\'evy subordinator, which we call TCFPP-I and TCFPP-II, respectively. Various distributional properties…

Probability · Mathematics 2017-03-13 A. Maheshwari , P. Vellaisamy

In this article, the problem of semi-parametric inference on the parameters of a multidimensional L\'{e}vy process $L_t$ with independent components based on the low-frequency observations of the corresponding time-changed L\'{e}vy process…

Methodology · Statistics 2012-01-31 Denis Belomestny

Monotone L\'evy processes with additive increments are defined and studied. It is shown that these processes have a natural Markov structure and their Markov transition semigroups are characterized using the monotone L\'evy-Khintchine…

Probability · Mathematics 2021-04-21 Uwe Franz , Naofumi Muraki

Fractional systems with Riemann-Liouville derivatives are considered. The initial memory value problem is posed and studied. We obtain explicit steering laws with respect to the values of the fractional integrals of the state variables. The…

Optimization and Control · Mathematics 2010-10-29 Dorota Mozyrska , Delfim F. M. Torres

Symmetric matrix-valued dynamical systems are an important class of systems that can describe important processes such as covariance/second-order moment processes, or processes on manifolds and Lie Groups. We address here the case of…

Optimization and Control · Mathematics 2023-10-03 Corentin Briat

We investigate the properties of a continuous time GARCH process as the solution to a L\'evy driven stochastic functional integral equation. This process occurs as a weak limit of a sequence of discrete time GARCH processes as the time…

Probability · Mathematics 2018-04-25 Adam Nie

In this work, we present sufficient conditions for the existence of a stationary solution of an abstract stochastic Cauchy problem driven by an arbitrary cylindrical L\'evy process, and show that these conditions are also necessary if the…

Probability · Mathematics 2019-04-08 Umesh Kumar , Markus Riedle

We investigate the distribution properties of the fractional L\'evy motion. We consider separately the cases $0<H<1/2$ (short memory) and $1/2<H<1$ (long memory), where $H$ is the Hurst parameter, and present the asymptotic behaviour of the…

Probability · Mathematics 2013-08-09 Victoria Knopova , Alexei Kulik

We present a general method for constructing stochastic processes with prescribed local form. Such processes include variable amplitude multifractional Brownian motion, multifractional $\alpha$-stable processes, and multistable processes,…

Probability · Mathematics 2008-02-06 K. J. Falconer , J. Levy Vehel

The main purpose of this chapter is to present some theoretical aspects of parametric estimation of L\'evy processes based on high-frequency sampling, with a focus on infinite activity pure-jump models. Asymptotics for several classes of…

Statistics Theory · Mathematics 2014-09-02 Hiroki Masuda

Long memory or long range dependency is an important phenomenon that may arise in the analysis of time series or spatial data. Most of the definitions of long memory of a stationary process $X=\{X_1, X_2,\cdots,\}$ are based on the…

Probability · Mathematics 2016-04-20 Yiming Ding , Xuyan Xiang

Multistable processes are tangent at each point to a stable process, but where the index of stability and the index of localisability varies along the path. In this work, we give two estimators of the stability and the localisability…

Probability · Mathematics 2012-09-12 Ronan Le Guével

Under an appropriate regular variation condition, the affinely normalized partial sums of a sequence of independent and identically distributed random variables converges weakly to a non-Gaussian stable random variable. A functional version…

Probability · Mathematics 2012-10-12 Bojan Basrak , Danijel Krizmanić , Johan Segers

In this article, we explore some of the main mathematical problems connected to multidimensional fractional conservation laws driven by L\'evy processes. Making use of an adapted entropy formulation, a result of existence and uniqueness of…

Analysis of PDEs · Mathematics 2019-04-25 Neeraj Bhauryal , Ujjwal Koley , Guy Vallet

By using the Malliavin calculus and finite-jump approximations, the Driver-type integration by parts formula is established for the semigroup associated to stochastic differential equations with noises containing a subordinate Brownian…

Probability · Mathematics 2013-08-28 Feng-Yu Wang

We investigate the first-passage dynamics of symmetric and asymmetric L\'evy flights in a semi-infinite and bounded intervals. By solving the space-fractional diffusion equation, we analyse the fractional-order moments of the first-passage…

Statistical Mechanics · Physics 2020-08-26 Amin Padash , Aleksei V. Chechkin , Bartłomiej Dybiec , Marcin Magdziarz , Babak Shokri , Ralf Metzler

The class of locally stationary processes assumes that there is a time-varying spectral representation, that is, the existence of finite second moment. We propose the $\alpha$-stable locally stationary process by modifying the innovations…

Methodology · Statistics 2023-02-15 Shu Wei Chou-Chen , Pedro A. Morettin

In this paper we give explicit examples of power-law correlated stationary Markovian processes y(t) where the stationary pdf shows tails which are gaussian or exponential. These processes are obtained by simply performing a coordinate…

Statistical Mechanics · Physics 2010-12-08 Salvatore Miccichè