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Asymptotic Properties of Estimators for Ornstein-Uhlenbeck Processes with Small Symmetric α-Stable Motions
Journal article   Peer reviewed

Asymptotic Properties of Estimators for Ornstein-Uhlenbeck Processes with Small Symmetric α-Stable Motions

Yurong Pan, Chaoyong Jia and Xiaoyan Liu
Hua dong li gong da xue xue bao. Zi ran ke xue ban, (4), p.357
01/01/2020

Abstract

Asymptotic properties Estimators Ornstein-Uhlenbeck process Parameter estimation Process parameters
The asymptotic behaviors for estimators of the drift parameters in the Ornstein-Uhlenbeck process driven by small symmetric α-stable motion are studied in this paper. Based on the discrete observations, the conditional least squares estimators(CLSEs) of all the parameters involved in the Ornstein–Uhlenbeck process are proposed. We establish the consistency and the asymptotic distributions of our estimators as ε goes to 0 and n goes to ∞ simultaneously.

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