English
Related papers

Related papers: How to verify that a given process is a L\'evy-Dri…

200 papers

In this study we define a three-step procedure to relate the self-decomposability of the stationary law of a generalized Ornstein-Uhlenbeck process to the law of the increments of such processes. Based on this procedure and the results of…

Computational Finance · Quantitative Finance 2021-03-25 Piergiacomo Sabino

We investigate the asymptotic properties of the minimum $L_1$-norm estimator of the drift parameter for fractional Ornstein-Uhlenbeck type process driven by a general Gaussian process.

Probability · Mathematics 2022-08-10 B. L. S. Prakasa Rao

We investigate some recursive procedures based on an exact or ``approximate'' Euler scheme with decreasing step in vue to computation of invariant measures of solutions to S.D.E. driven by a L\'evy process. Our results are valid for a large…

Probability · Mathematics 2008-04-02 Fabien Panloup

Distributional properties -including Laplace transforms- of integrals of Markov processes received a lot of attention in the literature. In this paper, we complete existing results in several ways. First, we provide the analytical solution…

Probability · Mathematics 2016-05-09 Frédéric Vrins

We introduce the elliptical Ornstein-Uhlenbeck (OU) process, which is a generalisation of the well-known univariate OU process to bivariate time series. This process maps out elliptical stochastic oscillations over time in the complex…

Methodology · Statistics 2021-12-08 Adam M. Sykulski , Sofia C. Olhede , Hanna M. Sykulska-Lawrence

This paper aims at semi-parametrically estimating the input process to a L\'evy-driven queue by sampling the workload process at Poisson times. We construct a method-of-moments based estimator for the L\'evy process' characteristic…

Probability · Mathematics 2019-01-31 Liron Ravner , Onno Boxma , Michel Mandjes

This paper proposes a methodology to estimate uncertainty in automated vehicle (AV) dynamics in real time via Bayesian inference. Based on the estimated uncertainty, the method aims to continuously monitor the car-following (CF) performance…

Systems and Control · Electrical Eng. & Systems 2022-10-26 Wissam Kontar , Soyoung Ahn

Assuming that a reflected Ornstein-Uhlenbeck state process is observed at discrete time instants, we propose generalized moment estimators to estimate all drift and diffusion parameters via the celebrated ergodic theorem. With the sampling…

Statistics Theory · Mathematics 2020-09-14 Yaozhong Hu , Yuejuan Xi

We study a particular class of moving average processes which possess a property called localisability. This means that, at any given point, they admit a ``tangent process'', in a suitable sense. We give general conditions on the kernel g…

Probability · Mathematics 2009-06-25 Kenneth Falconer , Ronan Le Guével , Jacques Lévy-Véhel

We consider the Ornstein-Uhlenbeck (OU) process, a stochastic process widely used in finance, physics, and biology. Parameter estimation of the OU process is a challenging problem. Thus, we review traditional tracking methods and compare…

Computational Finance · Quantitative Finance 2024-04-24 Jacob Fein-Ashley

High-frequency financial data can be collected as a sequence of curves over time; for example, as intra-day price, currently one of the topics of greatest interest in finance. The Functional Data Analysis framework provides a suitable tool…

We give an explicit representation for the transition law of a tempered stable Ornstein-Uhlenbeck process and use it to develop a rejection sampling algorithm for exact simulation of increments from this process. Our results apply to…

Probability · Mathematics 2020-05-19 Michael Grabchak

In this paper, we investigate the parameter estimation for threshold Ornstein$\mathit{-}$Uhlenbeck processes. Least squares method is used to obtain continuous-type and discrete-type estimators for the drift parameters based on continuous…

Statistics Theory · Mathematics 2024-03-28 Yuecai Han , Dingwen Zhang

In this paper we investigate the existence and some useful properties of the L\'evy areas of Ornstein-Uhlenbeck processes associated to Hilbert-space-valued fractional Brownian-motions with Hurst parameter $H\in (1/3,1/2]$. We prove that…

Dynamical Systems · Mathematics 2014-11-19 María J. Garrido-Atienza , Kening Lu , Björn Schmalfuss

The Ornstein-Uhlenbeck process is interpreted as Brownian motion in a harmonic potential. This Gaussian Markov process has a bounded variance and admits a stationary probability distribution, in contrast to the standard Brownian motion. It…

Statistical Mechanics · Physics 2023-06-07 Pece Trajanovski , Petar Jolakoski , Kiril Zelenkovski , Alexander Iomin , Ljupco Kocarev , Trifce Sandev

We present a time change construction of affine processes with state-space $\mathbb{R}_+^m\times \mathbb{R}^n$. These processes were systematically studied in (Duffie, Filipovi\'c and Schachermayer, 2003) since they contain interesting…

Probability · Mathematics 2020-08-26 Ma. Emilia Caballero , José Luis Pérez Garmendia , Gerónimo Uribe Bravo

This paper addresses the problem of estimating drift parameter of the Ornstein - Uhlenbeck type process, driven by the sum of independent standard and fractional Brownian motions. The maximum likelihood estimator is shown to be consistent…

Probability · Mathematics 2018-08-03 Pavel Chigansky , Marina Kleptsyna

Estimation methods for the L\'{e}vy density of a L\'{e}vy process are developed under mild qualitative assumptions. A classical model selection approach made up of two steps is studied. The first step consists in the selection of a good…

Statistics Theory · Mathematics 2016-08-16 José E. Figueroa-López , Christian Houdré

Identifying the full entropy production of active particles is a challenging task. We introduce a microscopic, thermodynamically consistent model, which leads to active Ornstein-Uhlenbeck statistics in the continuum limit. Our minimal model…

Statistical Mechanics · Physics 2023-12-15 Jonas H. Fritz , Udo Seifert

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
‹ Prev 1 3 4 5 6 7 10 Next ›