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This paper proposes RiskRank as a joint measure of cyclical and cross-sectional systemic risk. RiskRank is a general-purpose aggregation operator that concurrently accounts for risk levels for individual entities and their…

Risk Management · Quantitative Finance 2016-01-26 József Mezei , Peter Sarlin

In the present paper we extend the multiplicative integral to complex-valued functions of complex variable. The main difficulty in this way, that is the multi-valued nature of the complex logarithm, is avoided by division of the interval of…

Complex Variables · Mathematics 2013-08-01 Agamirza E. Bashirov and , Mustafa Riza

We consider the problem of uniform interpolation of functions with values in a complex inner product space of finite dimension. This problem can be casted within a modified weighted pluripotential theoretic framework. Indeed, in the…

Complex Variables · Mathematics 2025-04-10 Ludovico Bruni Bruno , Federico Piazzon

In this document I develop a weight function theory of positive order basis function interpolants and smoothers. **In Chapter 1 the basis functions and data spaces are defined directly using weight functions. The data spaces are used to…

Numerical Analysis · Mathematics 2014-03-28 Phillip Y. Williams

We define the minimum covariance determinant functionals for multivariate location and scatter through trimming functions and establish their existence at any multivariate distribution. We provide a precise characterization including a…

Statistics Theory · Mathematics 2012-05-10 Eric A. Cator , Hendrik P. Lopuhaä

We present a new algorithm for solving optimization problems with objective functions that are the sum of a smooth function and a (potentially) nonsmooth regularization function, and nonlinear equality constraints. The algorithm may be…

Optimization and Control · Mathematics 2024-04-12 Yutong Dai , Xiaoyi Qu , Daniel P. Robinson

For linear processes with independent identically distributed innovations that are regularly varying with tail index $\alpha \in (0, 2)$, we study functional convergence of the joint partial sum and partial maxima processes. We derive a…

Probability · Mathematics 2018-07-20 Danijel Krizmanic

The extremum value theorem for function spaces plays the central role in optimal control. It is known that computation of optimal control actions and policies is often prone to numerical errors which may be related to computability issues.…

Optimization and Control · Mathematics 2018-06-25 Pavel Osinenko , Stefan Streif

Linear processes are defined as a discrete-time convolution between a kernel and an infinite sequence of i.i.d. random variables. We modify this convolution by introducing decimation, that is, by stretching time accordingly. We then…

Statistics Theory · Mathematics 2008-12-18 François Roueff , Murad S. Taqqu

This study addresses the often-overlooked issue of measurability at intermediate points when applying Taylor's theorems to random functions and random vectors (e.g., likelihood functions with respect to estimators) in statistics. Classical…

Other Statistics · Statistics 2025-05-01 Yifan Yang , Xiaoyu Zhou , Ming Wang

A central limit theorem is established for a sum of random variables belonging to a sequence of random fields. The fields are assumed to have zero mean conditional on the past history and to satisfy certain conditional $\alpha$-mixing…

Probability · Mathematics 2024-09-17 Abdollah Jalilian , Arnaud Poinas , Ganggang Xu , Rasmus Waagepetersen

This paper develops central limit theorems (CLT's) and large deviations results for additive functionals associated with reflecting diffusions in which the functional may include a term associated with the cumulative amount of boundary…

Probability · Mathematics 2014-07-10 Peter W. Glynn , Rob J. Wang

Combining cross-section and time series data is a long and well established practice in empirical economics. We develop a central limit theory that explicitly accounts for possible dependence between the two data sets. We focus on common…

Methodology · Statistics 2022-09-20 Jinyong Hahn , Guido Kuersteiner , Maurizio Mazzocco

Recently defined expectile regions capture the idea of centrality with respect to a multivariate distribution, but fail to describe the tail behavior while it is not at all clear what should be understood by a tail of a multivariate…

Statistics Theory · Mathematics 2023-12-18 Ha Thi Khanh Linh , Andreas H Hamel

Tests for structural breaks in time series should ideally be sensitive to breaks in the parameter of interest, while being robust to nuisance changes. Statistical analysis thus needs to allow for some form of nonstationarity under the null…

Methodology · Statistics 2022-12-02 Fabian Mies

The present article is devoted to the semi-parametric estimation of multivariate expectiles for extreme levels. The considered multivariate risk measures also include the possible conditioning with respect to a functional covariate,…

Statistics Theory · Mathematics 2023-03-30 Elena Di Bernardino , Thomas Laloë , Cambyse Pakzad

This paper studies binary classification problem associated with a family of loss functions called large-margin unified machines (LUM), which offers a natural bridge between distribution-based likelihood approaches and margin-based…

Machine Learning · Statistics 2019-08-14 Jun Fan , Dao-Hong Xiang

The estimation of functional networks through functional covariance and graphical models have recently attracted increasing attention in settings with high dimensional functional data, where the number of functional variables p is…

Statistics Theory · Mathematics 2024-09-05 Qin Fang , Qing Jiang , Xinghao Qiao

During the study of the topic of limit summability of functions (introduced by the author in 2001), we encountered some types of functions that are related to the mean value theorem. In this paper, we formally define mean value and…

Classical Analysis and ODEs · Mathematics 2021-10-01 M. H. Hooshmand

We derive high-dimensional Gaussian comparison results for the standard $V$-fold cross-validated risk estimates. Our results combine a recent stability-based argument for the low-dimensional central limit theorem of cross-validation with…

Statistics Theory · Mathematics 2023-11-15 Nicholas Kissel , Jing Lei