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We study stochastic Volterra equations in Hilbert spaces driven by cylindrical Gaussian noise. We derive a mild formulation for the stochastic Volterra equation, prove the equivalence of mild and strong solutions, the existence and…

Probability · Mathematics 2023-11-14 Luigi Amedeo Bianchi , Stefano Bonaccorsi , Martin Friesen

We prove a weak error estimate for the approximation in space and time of a semilinear stochastic Volterra integro-differential equation driven by additive space-time Gaussian noise. We treat this equation in an abstract framework, in which…

Numerical Analysis · Mathematics 2016-03-15 Adam Andersson , Mihály Kovács , Stig Larsson

A projective moving average $\{X_t, t \in \mathbb{Z}\}$ is a Bernoulli shift written as a backward martingale transform of the innovation sequence. We introduce a new class of nonlinear stochastic equations for projective moving averages,…

Statistics Theory · Mathematics 2013-12-09 Ieva Grublytė , Donatas Surgailis

In this article, we consider the problem of estimating fractional processes based on noisy high-frequency data. Generalizing the idea of pre-averaging to a fractional setting, we exhibit a sequence of consistent estimators for the unknown…

Statistics Theory · Mathematics 2026-01-14 David Chen , Yu Cheng , Carsten Chong , Pierre Gentine , Wangdong Jia , Bryce Monier , Shiyang Shen

We present a comprehensive theory of homogeneous volatility (and variance) estimators of arbitrary stochastic processes that fully exploit the OHLC (open, high, low, close) prices. For this, we develop the theory of most efficient…

Statistical Finance · Quantitative Finance 2009-08-13 A. Saichev , D. Sornette , V. Filimonov

In this article integro-differential Volterra equations whose convolution kernel depends on the vector variable are considered and a connection of these equations with a class of semi-Markov processes is established. The variable order…

Probability · Mathematics 2018-07-19 Mladen Savov , Bruno Toaldo

We develop a maximum penalized quasi-likelihood estimator for estimating in a nonparametric way the diffusion function of a diffusion process, as an alternative to more traditional kernel-based estimators. After developing a numerical…

Statistical Finance · Quantitative Finance 2011-01-12 Jeff Hamrick , Yifei Huang , Constantinos Kardaras , Murad Taqqu

We prove existence and uniqueness of strong solutions for a class of semilinear stochastic evolution equations driven by general Hilbert space-valued semimartingales, with drift equal to the sum of a linear maximal monotone operator in…

Probability · Mathematics 2019-11-01 Carlo Marinelli , Luca Scarpa

The aim of this paper is to develop tractable large deviation approximations for the empirical measure of a small noise diffusion. The starting point is the Freidlin-Wentzell theory, which shows how to approximate via a large deviation…

Probability · Mathematics 2021-01-11 Paul Dupuis , Guo-Jhen Wu

We address numerical differentiation under coarse, non-uniform sampling and Gaussian noise. A maximum-likelihood estimator with $L_2$-norm constraint on a higher-order derivative is obtained, yielding spline-based solution. We introduce a…

Methodology · Statistics 2025-07-31 Konstantin E. Avrachenkov , Leonid B. Freidovich

Quantiles and expected shortfalls are usually used to measure risks of stochastic systems, which are often estimated by Monte Carlo methods. This paper focuses on the use of quasi-Monte Carlo (QMC) method, whose convergence rate is…

Numerical Analysis · Mathematics 2020-05-07 Zhijian He , Xiaoqun Wang

This paper presents an approach to estimating a hidden process in a continuous-time setting, where the hidden process is a diffusion. The approach is simply to minimize the negative log-likelihood of the hidden path, where the likelihood is…

Methodology · Statistics 2013-01-23 L. C. G. Rogers

In this article, we consider a jump diffusion process (X_t)observed at discrete times t=0,Delta,...,nDelta. The sampling interval Delta tends to 0 and nDelta tends to infinity. We assume that (X_t) is ergodic, strictly stationary and…

Statistics Theory · Mathematics 2013-09-27 Emeline Schmisser

In this paper, we study the non-linear diffusion equation associated with a particle system where the common drift depends on the rate of absorption of particles at a boundary. We provide an interpretation as a structural credit risk model…

Numerical Analysis · Mathematics 2018-08-28 Alexander Lipton , Vadim Kaushansky , Christoph Reisinger

The numerical method for solution of the weakly regular scalar Volterra integral equation of the 1st kind is proposed. The kernels of such equations have jump discontinuities on the continuous curves which starts at the origin. The…

Numerical Analysis · Mathematics 2014-03-20 Denis Sidorov , Aleksandr Tynda , Ildar Muftahov

A new estimation method for the two-component mixture model introduced in \cite{Van13} is proposed. This model consists of a two-component mixture of linear regressions in which one component is entirely known while the proportion, the…

Methodology · Statistics 2015-01-05 L. Bordes , I. Kojadinovic , P. Vandekerkhove

In this paper we study the problem of semiparametric estimation for a class of McKean-Vlasov stochastic differential equations. Our aim is to estimate the drift coefficient of a MV-SDE based on observations of the corresponding particle…

Statistics Theory · Mathematics 2021-07-02 Denis Belomestny , Vytautė Pilipauskaitė , Mark Podolskij

An efficient estimator is constructed for the quadratic covariation or integrated co-volatility matrix of a multivariate continuous martingale based on noisy and nonsynchronous observations under high-frequency asymptotics. Our approach…

Statistics Theory · Mathematics 2014-07-02 Markus Bibinger , Nikolaus Hautsch , Peter Malec , Markus Reiß

We propose a finite difference scheme to simulate solutions to a certain type of hyperbolic stochastic partial differential equation (HSPDE). These solutions can in turn estimate so called volatility modulated Volterra (VMV) processes and…

Statistics Theory · Mathematics 2016-02-10 Fred Espen Benth , Heidar Eyjolfsson

We establish local existence and a quasi-optimal error estimate for piecewise cubic minimizers to the bending energy under a discretized inextensibility constraint. In previous research a discretization is used where the inextensibility…

Numerical Analysis · Mathematics 2025-09-03 Sören Bartels , Balázs Kovács , Dominik Schneider