Estimation of correlation between latent processes

Akitoshi Kimura*, Nakahiro Yoshida

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contribution

1 Citation (Scopus)

Abstract

This paper discusses estimation of correlation between hidden semimartingales.We showthe consistency and the asymptotic mixed normality of the proposed correlation estimator in a high frequency setting. As an example, estimation of covariance between intensity processes of doubly stochastic point processes will be mentioned.

Original languageEnglish
Title of host publicationAdvanced Modelling in Mathematical Finance - In Honour of Ernst Eberlein
EditorsJan Kallsen, Antonis Papapantoleon
PublisherSpringer New York LLC
Pages131-146
Number of pages16
ISBN (Print)9783319458731
DOIs
Publication statusPublished - 2016
Externally publishedYes
EventWorkshop on Advanced Modelling in Mathematical Finance, 2015 - Kiel, Germany
Duration: 2015 May 202015 May 22

Publication series

NameSpringer Proceedings in Mathematics and Statistics
Volume189
ISSN (Print)2194-1009
ISSN (Electronic)2194-1017

Conference

ConferenceWorkshop on Advanced Modelling in Mathematical Finance, 2015
Country/TerritoryGermany
CityKiel
Period15/5/2015/5/22

Keywords

  • Asymptotic mixed normality
  • High frequency data
  • Latent correlation

ASJC Scopus subject areas

  • Mathematics(all)

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