Parameter estimation of stochastic differential equation driven by small fractional noise

Shohei Nakajima*, Yasutaka Shimizu

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

Abstract

We study the problem of parametric estimation for continuously observed stochastic processes driven by additive small fractional Brownian motion with the Hurst index (Formula presented.). Under some assumptions on the drift coefficient, we obtain the asymptotic normality and moment convergence of maximum likelihood estimator of the drift parameter when a small dispersion coefficient (Formula presented.).

Original languageEnglish
Pages (from-to)919-934
Number of pages16
JournalStatistics
Volume56
Issue number4
DOIs
Publication statusPublished - 2022

Keywords

  • asymptotic normality
  • fractional Brownian motion
  • Parameter estimation
  • small noise
  • stochastic differential equation

ASJC Scopus subject areas

  • Statistics and Probability
  • Statistics, Probability and Uncertainty

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