Continuous-discrete smoothing of diffusions

Fuente: arXiv
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Main Authors: Mider, Marcin, Schauer, Moritz, van der Meulen, Frank
Format: Preprint
Published: 2017
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_version_ 1866914930066718720
author Mider, Marcin
Schauer, Moritz
van der Meulen, Frank
author_facet Mider, Marcin
Schauer, Moritz
van der Meulen, Frank
contents Suppose X is a multivariate diffusion process that is observed discretely in time. At each observation time, a transformation of the state of the process is observed with noise. The smoothing problem consists of recovering the path of the process, consistent with the observations. We derive a novel Markov Chain Monte Carlo algorithm to sample from the exact smoothing distribution. The resulting algorithm is called the Backward Filtering Forward Guiding (BFFG) algorithm. We extend the algorithm to include parameter estimation. The proposed method relies on guided proposals introduced in Schauer et al. (2017). We illustrate its efficiency in a number of challenging problems.
format Preprint
id arxiv_https___arxiv_org_abs_1712_03807
institution arXiv
publishDate 2017
record_format arxiv
spellingShingle Continuous-discrete smoothing of diffusions
Mider, Marcin
Schauer, Moritz
van der Meulen, Frank
Computation
60J60, 65C05 (Primary), 62F15 (Secondary)
Suppose X is a multivariate diffusion process that is observed discretely in time. At each observation time, a transformation of the state of the process is observed with noise. The smoothing problem consists of recovering the path of the process, consistent with the observations. We derive a novel Markov Chain Monte Carlo algorithm to sample from the exact smoothing distribution. The resulting algorithm is called the Backward Filtering Forward Guiding (BFFG) algorithm. We extend the algorithm to include parameter estimation. The proposed method relies on guided proposals introduced in Schauer et al. (2017). We illustrate its efficiency in a number of challenging problems.
title Continuous-discrete smoothing of diffusions
topic Computation
60J60, 65C05 (Primary), 62F15 (Secondary)
url https://arxiv.org/abs/1712.03807