The normal inverse Gaussian process is a subordinated Brownian motion, where the subordinator is a process with
Question:
The normal inverse Gaussian process is a subordinated Brownian motion, where the subordinator is a process with drift η = 0, and Levy-measure
Prove that the Laplace-exponent is
Transcribed Image Text:
e- -dx p(dx) = V2лк х2 I(и) — VI - 2ик к к
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (15 reviews)
To prove that the Laplace exponent of the normal inverse Gaussian NIG process is given by Iu V12uK we will utilize the provided information about the ...View the full answer
Answered By
Ragul r
I am highly experienced and dedicated educator with a passion for teaching students of all ages. With over
4 years of experience in education and tutoring, I have helped countless students achieve their academic goals in subjects such as math and science.
My journey in education began with a Bachelor's degree in from Maseno University, where I developed a strong foundation in critical thinking and problem-solving skills that have proved invaluable in my teaching career.
I am committed in helping your students in IT and various topics in sciences and math
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
If a stock price follows geometric Brownian motion, what process does A(t) follow where A(t) is the arithmetic average stock price between time zero and time t?
-
Suppose that a stock price, S, follows geometric Brownian motion with expected return and volatility : dS = S dt + S dz What is the process followed by the variable Sn? Show that Sn also follows...
-
a. What is meant by a senior-subordinated structure? b. Why is the senior-subordinated structure a form of credit enhancement?
-
Krell Industries has a share price of $22 46 today. If Krell is expected to pay a dividend of S0.83 this year, and its stock price is expected to grow to $24.11 at the end of the year, what is...
-
Write all of the steps in the free-radical chain mechanism for the monochlorination of ethane. What trace by-products would you expect to be formed as a consequence of the chain terminating steps?...
-
Your client is considering computers to replace his existing manual accounting system and has asked for your advice on the matter. Discussion a. Briefly outline the stages in the development of the...
-
Founded in 1966 as a trader of oil and oil products, Vitol is a company with no external shareholders. All shareholders are also employees. It is a conglomerate company of energy companies that work...
-
This problem is based on the 2008 annual report of Intel Corporation in the appendix. Find in the Selected Financial Data (also known as the Five-Year Financial Summary), or calculate, the following...
-
The following are the ages of 13 mathematics teachers in a school district. 28, 30, 34, 34, 36, 38, 39, 42, 46, 47, 49, 50, 51 Notice that the ages are ordered from least to greatest. Give the...
-
Whispering issued an 9%, 10-year $1,800,000 bond to build a monorail mass transit system. The city received $1,587,988 cash from the bond issuance on January 1, 2025. The bond yield is 11%. Interest...
-
Suppose x u is an upper barrier. Use the reflection principle to prove that with t ? 0, is the probability density function of the stopping time ?, when the Wiener-process W t hits the barrier x u...
-
Show that in the BlackScholes-framework, the Esscher-transform of the Wiener-process W t is equivalent to the Girsanov-transformation.
-
Write a recursive definition of x y (x raised to the power y), where x and y are integers and y > 0.
-
Q16) What is the most that you would pay for an investment that promises to pay$14,812.00a year forever with the first payment starting one year from now?Assume that your required rate of return for...
-
The Company's Audit Committee charter requires that the Audit Committee review and approve all related party transactions required to be disclosed pursuant to SEC rules. In doing so, the Audit...
-
The best answer for why the Fan Cost Index (FCI) for attending live sporting events can be useful is: Group of answer choices Teams could determine if their fan costs are reasonable, given other...
-
Creditors are MOST concerned with which financial information which will tell them Question 11 options: a) if the company has enough cash to pay dividends. b) whether the company meets all tax...
-
Answer each part by using well-labelled graphs for the IS-LM, WS-PS and AS-AD models: a) Assume that Australian government has made it very difficult for refugees (who are prepared to work at lower...
-
The financial statements at the end of Network Realty, Inc.'s first month of operations are shown below. By analyzing the interrelationships among the financial statements, fill in the proper amounts...
-
If the joint cost function for two products is C(x, y) = xy2 + 1 dollars (a) Find the marginal cost (function) with respect to x. (b) Find the marginal cost with respect to y.
-
We introduced confounding variables (or confounds) in Chapter 1. Explain why order effects might be an example of a confound.
-
The following is an excerpt from the abstract (brief opening summary) from a published research study that examined a reported bias against conservatives in American academia (Fosse, Gross, & Ma,...
-
When is it appropriate to use an independent-samples t test?
-
= On 1/1/X4, Phillip invested $1,100,000 in Sleeper's ordinary shares (35% owned). Sleeper reported: Assets $3,500,000 Liabilities 600,000 The book value of Sleeper's net assets approximated market...
-
You are performing research on the development of optomechanical systems. In one of your experiments, a uniform circular disk of mass m = 24.8 g and radius r = 39.0 cm hangs vertically from a fixed,...
-
Jason owns an office complex in Tucson, Arizona. One day, the air conditioning unit is not functioning and he has to hire a maintenance crew to fix it for $2,000. May Jason deduct this as a business...
Study smarter with the SolutionInn App