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We study asymptotic properties of maximum likelihood estimators for Heston models based on continuous time observations of the log-price process. We distinguish three cases: subcritical (also called ergodic), critical and supercritical. In…

统计理论 · 数学 2016-07-25 Matyas Barczy , Gyula Pap

For affine stochastic differential equation with uniformly distributed time delay the local asymptotic properties of the likelihood function are studied. Local asymptotic normality, local asymptotic mixed normality, periodic local…

统计理论 · 数学 2015-09-10 János Marcell Benke , Gyula Pap

Assume that we observe a stochastic process $(X(t))_{t\in[-r,T]}$, which satisfies the linear stochastic delay differential equation \[ \mathrm{d} X(t) = \vartheta \int_{[-r,0]} X(t + u) \, a(\mathrm{d} u) \, \mathrm{d} t + \mathrm{d} W(t)…

统计理论 · 数学 2019-10-17 János Marcell Benke , Gyula Pap

Local asymptotic minimax risk bounds in a locally asymptotically mixture of normal family of distributions have been investigated under asymmetric loss functions and the asymptotic distribution of the optimal estimator that attains the…

统计理论 · 数学 2008-12-02 Debasis Bhattacharya , A. K. Basu

We study maximum-likelihood-type estimation for diffusion processes when the coefficients are nonrandom and observation occurs in nonsynchronous manner. The problem of nonsynchronous observations is important when we consider the analysis…

统计理论 · 数学 2022-07-04 Teppei Ogihara

We study sufficient conditions for local asymptotic mixed normality. We weaken the sufficient conditions in Theorem 1 of Jeganathan (Sankhya Ser. A 1982) so that they can be applied to a wider class of statistical models including a…

统计理论 · 数学 2021-05-04 Teppei Ogihara , Yuma Uehara

Classical mathematical statistics deals with models that are parametrized by a Euclidean, i.e. finite dimensional, parameter. Quite often such models have been and still are chosen in practical situations for their mathematical simplicity…

统计理论 · 数学 2023-12-25 Chris A. J. Klaassen

Two new test statistics are introduced to test the null hypotheses that the sampling distribution has an increasing hazard rate on a specified interval [0,a]. These statistics are empirical L_1-type distances between the isotonic estimates,…

统计理论 · 数学 2015-03-17 Piet Groeneboom , Geurt Jongbloed

This paper examines asymptotic properties of local M-estimators under three sets of high-level conditions. These conditions are sufficiently general to cover the minimum volume predictive region, conditional maximum score estimator for a…

统计理论 · 数学 2020-01-15 Myung Hwan Seo , Taisuke Otsu

We study asymptotic properties of conditional least squares estimators for the drift parameters of two-factor affine diffusions based on continuous time observations. We distinguish three cases: subcritical, critical and supercritical. For…

概率论 · 数学 2017-07-27 Beáta Bolyog , Gyula Pap

When a parameter of interest is defined to be a nondifferentiable transform of a regular parameter, the parameter does not have an influence function, rendering the existing theory of semiparametric efficient estimation inapplicable.…

统计理论 · 数学 2022-01-06 Kyungchul Song

The Gaussian mixed-effects model driven by a stationary integrated Ornstein-Uhlenbeck process has been used for analyzing longitudinal data having an explicit and simple serial-correlation structure in each individual. However, the…

统计理论 · 数学 2023-11-07 Takumi Imamura , Hiroki Masuda , Hayato Tajima

We consider n identically prepared qubits and study the asymptotic properties of the joint state \rho^{\otimes n}. We show that for all individual states \rho situated in a local neighborhood of size 1/\sqrt{n} of a fixed state \rho^0, the…

量子物理 · 物理学 2011-06-23 Madalin Guta , Jonas Kahn

We prove the local asymptotic mixed normality (LAMN) property for a family of probability measures defined by parametrized diffusion processes with nonsynchronous observations. We assume that observation times of processes are independent…

统计理论 · 数学 2015-09-21 Teppei Ogihara

If the log likelihood is approximately quadratic with constant Hessian, then the maximum likelihood estimator (MLE) is approximately normally distributed. No other assumptions are required. We do not need independent and identically…

统计理论 · 数学 2012-07-06 Charles J. Geyer

Taking a multidimensional time-homogeneous dynamical system and adding a randomly perturbed time-dependent deterministic signal to some of its components gives rise to a high-dimensional system of stochastic differential equations which is…

统计理论 · 数学 2019-08-02 Simon Holbach

We study asymptotic properties of maximum likelihood estimators of drift parameters for a jump-type Heston model based on continuous time observations, where the jump process can be any purely non-Gaussian L\'evy process of not necessarily…

统计理论 · 数学 2018-06-08 Matyas Barczy , Mohamed Ben Alaya , Ahmed Kebaier , Gyula Pap

We herein establish an asymptotic representation theorem for locally asymptotically normal quantum statistical models. This theorem enables us to study the asymptotic efficiency of quantum estimators such as quantum regular estimators and…

量子物理 · 物理学 2024-11-14 Akio Fujiwara , Koichi Yamagata

A general method is presented for deriving the limiting behavior of estimators that are defined as the values of parameters optimizing an empirical criterion function. The asymptotic behavior of such estimators is typically deduced from…

统计理论 · 数学 2008-12-18 Peter Radchenko

We prove strong consistency and asymptotic normality of least squares estimators for the subcritical Heston model based on continuous time observations. We also present some numerical illustrations of our results.

统计理论 · 数学 2019-08-23 Matyas Barczy , Balazs Nyul , Gyula Pap
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