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Sub-fractional Brownian motion and its relation to occupation times

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Author Info
Tomasz Bojdecki () (Institute of Mathematics, University of Warsaw)
Luis G. Gorostiza () (Department of Mathematics, Centro de Investigacion y de Estudios Avanzados)
Anna Talarczyk () (Institute of Mathematics, University of Warsaw)
Abstract

We study a long-range dependence Gaussian process which we call “sub-fractional Brownian motion” (sub-fBm), because it is intermediate between Brownian motion (Bm) and fractional Brownian motion (fBm) in the sense that it has properties analogous to those of fBm, but the increments on non-overlapping intervals are more weakly correlated and their covariance decays polynomially at a higher rate. Sub-fBm has a parameter h E (0, 2), we show how it arises from occupation time fluctuations of branching particle systems for h >= 1 and we exhibit the long memory effect of the initial condition.

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File URL: http://www.repad.org/ca/on/lrsp/TRS376.pdf
File Format: application/pdf
File Function: First version, 2004
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Publisher Info
Paper provided by Département des sciences administratives, UQO in its series RePAd Working Paper Series with number lrsp-TRS376.

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Length: 14 pages
Date of creation: 15 Jun 2004
Date of revision:
Handle: RePEc:pqs:wpaper:0132005

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Related research
Keywords: Long-range dependence Fractional Brownian motion Sub-fractional Brownian motion Occupation time fluctuations Branching systems.

Find related papers by JEL classification:
C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - General
C40 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - General

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This page was last updated on 2008-11-17.


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