Asymptotic behavior of maximum likelihood estimators for Ornstein–Uhlenbeck process with large linear drift

Author:

Zhang Xuekang1ORCID

Affiliation:

1. School of Mathematics-Physics and Finance, and Key Laboratory of Advanced Perception and Intelligent Control of High-end Equipment, Ministry of Education, Anhui Polytechnic University, Wuhu 241000, P. R. China

Abstract

In this paper, we study the asymptotic behavior of maximum likelihood estimators for Ornstein–Uhlenbeck process with large linear drift [Formula: see text], [Formula: see text], where [Formula: see text], and [Formula: see text] is a given standard Brownian motion. The law of iterated logarithm, consistency and asymptotic distributions of the estimators are discussed based on the continuous observation [Formula: see text] as [Formula: see text].

Funder

National Natural Science Foundation of China

Research Start-up Foundation of Introduce Talent of Anhui Polytechnic University

Publisher

World Scientific Pub Co Pte Ltd

Subject

Modeling and Simulation

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