Asymptotic analysis of estimators of ergodic stochastic differential equations

Fuente: arXiv
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Main Author: Ganguly, Arnab
Format: Preprint
Published: 2024
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author Ganguly, Arnab
author_facet Ganguly, Arnab
contents The paper studies asymptotic properties of estimators of multidimensional stochastic differential equations driven by Brownian motions from high-frequency discrete data. Consistency and central limit properties of a class of estimators of the diffusion parameter and an approximate maximum likelihood estimator of the drift parameter based on a discretized likelihood function have been established in a suitable scaling regime involving the time-gap between the observations and the overall time span. Our framework is more general than that typically considered in the literature and, thus, has the potential to be applicable to a wider range of stochastic models.
format Preprint
id arxiv_https___arxiv_org_abs_2411_03623
institution arXiv
publishDate 2024
record_format arxiv
spellingShingle Asymptotic analysis of estimators of ergodic stochastic differential equations
Ganguly, Arnab
Statistics Theory
Dynamical Systems
Probability
Methodology
60F05, 62M05, 60H10, 62F10, 60H35
The paper studies asymptotic properties of estimators of multidimensional stochastic differential equations driven by Brownian motions from high-frequency discrete data. Consistency and central limit properties of a class of estimators of the diffusion parameter and an approximate maximum likelihood estimator of the drift parameter based on a discretized likelihood function have been established in a suitable scaling regime involving the time-gap between the observations and the overall time span. Our framework is more general than that typically considered in the literature and, thus, has the potential to be applicable to a wider range of stochastic models.
title Asymptotic analysis of estimators of ergodic stochastic differential equations
topic Statistics Theory
Dynamical Systems
Probability
Methodology
60F05, 62M05, 60H10, 62F10, 60H35
url https://arxiv.org/abs/2411.03623