Quantification of limit theorems for Hawkes processes

Fuente: arXiv
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Main Authors: Coutin, Laure, Massat, Benjamin, Réveillac, Anthony
Format: Preprint
Published: 2025
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author Coutin, Laure
Massat, Benjamin
Réveillac, Anthony
author_facet Coutin, Laure
Massat, Benjamin
Réveillac, Anthony
contents In this article, we fill a gap in the literature regarding quantitative functional central limit theorems (qfCLT) for Hawkes processes by providing an upper bound for the convergence of a nearly unstable Hawkes process toward a Cox-Ingersoll-Ross (CIR) process. Note that in this case no speed of convergence has been established even for one-dimensional marginals; we provide in this paper a control in terms of a supremum norm in $2$-Wasserstein distance. To do so, we make use of the so-called Poisson imbedding representation and provide a qfCLT formulation in terms of a Brownian sheet. Incidentally, we construct an optimal coupling between a rescaled bi-dimensional Poisson random measure and a Brownian sheet with respect to the $2$-Wasserstein distance and analyze the asymptotic quality of this coupling in detail.
format Preprint
id arxiv_https___arxiv_org_abs_2503_21273
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Quantification of limit theorems for Hawkes processes
Coutin, Laure
Massat, Benjamin
Réveillac, Anthony
Probability
In this article, we fill a gap in the literature regarding quantitative functional central limit theorems (qfCLT) for Hawkes processes by providing an upper bound for the convergence of a nearly unstable Hawkes process toward a Cox-Ingersoll-Ross (CIR) process. Note that in this case no speed of convergence has been established even for one-dimensional marginals; we provide in this paper a control in terms of a supremum norm in $2$-Wasserstein distance. To do so, we make use of the so-called Poisson imbedding representation and provide a qfCLT formulation in terms of a Brownian sheet. Incidentally, we construct an optimal coupling between a rescaled bi-dimensional Poisson random measure and a Brownian sheet with respect to the $2$-Wasserstein distance and analyze the asymptotic quality of this coupling in detail.
title Quantification of limit theorems for Hawkes processes
topic Probability
url https://arxiv.org/abs/2503.21273