Akaike-type information criterion of SEM for jump-diffusion processes based on high-frequency data

Fuente: arXiv
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Main Authors: Kusano, Shogo, Uchida, Masayuki
Format: Preprint
Published: 2025
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author Kusano, Shogo
Uchida, Masayuki
author_facet Kusano, Shogo
Uchida, Masayuki
contents Structural equation modeling (SEM) is a statistical method used to investigate relationships among latent variables. In SEM, the model must be specified in advance. However, in practice, statisticians often have several candidate models and need to select the most appropriate one. Consequently, model selection is a key issue in SEM, and information criteria are commonly used to address this issue. In this study, we develop an Akaike-type information criterion of SEM for jump-diffusion processes, which enables model selection for SEM based on high-frequency data with jumps. Simulation studies are conducted to illustrate the finite-sample performance of the proposed method.
format Preprint
id arxiv_https___arxiv_org_abs_2511_14333
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Akaike-type information criterion of SEM for jump-diffusion processes based on high-frequency data
Kusano, Shogo
Uchida, Masayuki
Statistics Theory
Structural equation modeling (SEM) is a statistical method used to investigate relationships among latent variables. In SEM, the model must be specified in advance. However, in practice, statisticians often have several candidate models and need to select the most appropriate one. Consequently, model selection is a key issue in SEM, and information criteria are commonly used to address this issue. In this study, we develop an Akaike-type information criterion of SEM for jump-diffusion processes, which enables model selection for SEM based on high-frequency data with jumps. Simulation studies are conducted to illustrate the finite-sample performance of the proposed method.
title Akaike-type information criterion of SEM for jump-diffusion processes based on high-frequency data
topic Statistics Theory
url https://arxiv.org/abs/2511.14333