Statistical Estimations for Non-Ergodic Vasicek Model Driven by Two Types of Gaussian Processes

Fuente: arXiv
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Main Authors: Chen, Yong, Gao, Wu-Jun, Li, Ying
Format: Preprint
Published: 2023
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_version_ 1866912138189078528
author Chen, Yong
Gao, Wu-Jun
Li, Ying
author_facet Chen, Yong
Gao, Wu-Jun
Li, Ying
contents We study the joint asymptotic distribution of the least squares estimator of the parameter $(θ,\,μ)$ for the non-ergodic Vasicek models driven by seven specific Gaussian processes. %The similar result concerning to the non-ergodic Ornstein-Uhlenbeck process is a by-product. To facilitate the proofs, we extract two common hypotheses from the covariance functions of the seven Gaussian processes and develop two types of new inner product formulas for functions of bounded variation in the reproducing kernel Hilbert space of the Gaussian processes. The integration by parts for normalized bounded variation functions is essential to the inner product formulas. We apply the inner product formulas of the seven Gaussian processes to check the set of conditions of Es-Sebaiy, Es.Sebaiy (2021).
format Preprint
id arxiv_https___arxiv_org_abs_2310_00885
institution arXiv
publishDate 2023
record_format arxiv
spellingShingle Statistical Estimations for Non-Ergodic Vasicek Model Driven by Two Types of Gaussian Processes
Chen, Yong
Gao, Wu-Jun
Li, Ying
Probability
60G15, 60G22, 62M09
We study the joint asymptotic distribution of the least squares estimator of the parameter $(θ,\,μ)$ for the non-ergodic Vasicek models driven by seven specific Gaussian processes. %The similar result concerning to the non-ergodic Ornstein-Uhlenbeck process is a by-product. To facilitate the proofs, we extract two common hypotheses from the covariance functions of the seven Gaussian processes and develop two types of new inner product formulas for functions of bounded variation in the reproducing kernel Hilbert space of the Gaussian processes. The integration by parts for normalized bounded variation functions is essential to the inner product formulas. We apply the inner product formulas of the seven Gaussian processes to check the set of conditions of Es-Sebaiy, Es.Sebaiy (2021).
title Statistical Estimations for Non-Ergodic Vasicek Model Driven by Two Types of Gaussian Processes
topic Probability
60G15, 60G22, 62M09
url https://arxiv.org/abs/2310.00885