Statistical Inference for Stochastic Differential Equations with Small Noises

This paper proposes the least squares method to estimate the drift parameter for the stochastic differential equations driven by small noises, which is more general than pure jump α-stable noises. The asymptotic property of this least squares estimator is studied under some regularity conditions. Th...

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Bibliographic Details
Main Authors: Liang Shen, Qingsong Xu
Format: Article
Language:English
Published: Wiley 2014-01-01
Series:Abstract and Applied Analysis
Online Access:http://dx.doi.org/10.1155/2014/473681
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Summary:This paper proposes the least squares method to estimate the drift parameter for the stochastic differential equations driven by small noises, which is more general than pure jump α-stable noises. The asymptotic property of this least squares estimator is studied under some regularity conditions. The asymptotic distribution of the estimator is shown to be the convolution of a stable distribution and a normal distribution, which is completely different from the classical cases.
ISSN:1085-3375
1687-0409