Limit theorems for moving averages of discretized processes plus noise
Jacod, Jean ; Podolskij, Mark ; Vetter, Mathias
Ann. Statist., Tome 38 (2010) no. 1, p. 1478-1545 / Harvested from Project Euclid
This paper presents some limit theorems for certain functionals of moving averages of semimartingales plus noise which are observed at high frequency. Our method generalizes the pre-averaging approach (see [Bernoulli 15 (2009) 634–658, Stochastic Process. Appl. 119 (2009) 2249–2276]) and provides consistent estimates for various characteristics of general semimartingales. Furthermore, we prove the associated multidimensional (stable) central limit theorems. As expected, we find central limit theorems with a convergence rate n−1/4, if n is the number of observations.
Publié le : 2010-06-15
Classification:  Central limit theorem,  high-frequency observations,  microstructure noise,  quadratic variation,  semimartingale,  stable convergence,  60F05,  60G44,  62M09,  60G42,  62G20
@article{1269452645,
     author = {Jacod, Jean and Podolskij, Mark and Vetter, Mathias},
     title = {Limit theorems for moving averages of discretized processes plus noise},
     journal = {Ann. Statist.},
     volume = {38},
     number = {1},
     year = {2010},
     pages = { 1478-1545},
     language = {en},
     url = {http://dml.mathdoc.fr/item/1269452645}
}
Jacod, Jean; Podolskij, Mark; Vetter, Mathias. Limit theorems for moving averages of discretized processes plus noise. Ann. Statist., Tome 38 (2010) no. 1, pp.  1478-1545. http://gdmltest.u-ga.fr/item/1269452645/