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A remark on exact simulation of tempered stable Ornstein–Uhlenbeck processes.

Authors :
Arai, Takuji
Imai, Yuto
Source :
Journal of Applied Probability; Dec2024, Vol. 61 Issue 4, p1196-1198, 3p
Publication Year :
2024

Abstract

Qu, Dassios, and Zhao (2021) suggested an exact simulation method for tempered stable Ornstein–Uhlenbeck processes, but their algorithms contain some errors. This short note aims to correct their algorithms and conduct some numerical experiments. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00219002
Volume :
61
Issue :
4
Database :
Complementary Index
Journal :
Journal of Applied Probability
Publication Type :
Academic Journal
Accession number :
180753287
Full Text :
https://doi.org/10.1017/jpr.2024.17