A test for model specification of diffusion processes

We propose a test for model specification of a parametric diffusion process based on a kernel estimation of the transitional density of the process. The empirical likelihood is used to formulate a statistic, for each kernel smoothing bandwidth, which is effectively a Studentized $L_2$-distance between the kernel transitional density estimator and the parametric transitional density implied by the parametric process. To reduce the sensitivity of the test on smoothing bandwidth choice, the final test statistic is constructed by combining the empirical likelihood statistics over a set of smoothing bandwidths. To better capture the finite sample distribution of the test statistic and data dependence, the critical value of the test is obtained by a parametric bootstrap procedure. Properties of the test are evaluated asymptotically and numerically by simulation and by a real data example.Comment: Published in at http://dx.doi.org/10.1214/009053607000000659 the Annals of Statistics (http://www.imstat.org/aos/) by the Institute of Mathematical Statistics (http://www.imstat.org

Ds1∗(2860)D_{s1}^*(2860) and Ds3∗(2860)D_{s3}^*(2860): Candidates for 1D1D charmed-strange mesons

Newly observed two charmed-strange resonances, $D_{s1}^*(2860)$ and $D_{s3}^*(2860)$, are investigated by calculating their Okubo-Zweig-Iizuka allowed strong decays, which shows that they are suitable candidates for the $1^3D_1$ and $1^3D_3$ states in the charmed-strange meson family. Our study also predicts other main decay modes of $D_{s1}^*(2860)$ and $D_{s3}^*(2860)$, which can be accessible at the future experiment. In addition, the decay behaviors of the spin partners of $D_{s1}^*(2860)$ and $D_{s3}^*(2860)$, i.e., $1D(2^-)$ and $1D^\prime(2^-)$, are predicted in this work, which are still missing at present. Experimental search for the missing $1D(2^-)$ and $1D^\prime(2^-)$ charmed-strange mesons is an intriguing and challenging task for further experiment.Comment: 8 pages, 3 figures and 4 tables. More discussions added and typos corrected. Accepted by Eur. Phys. J.

Observation of valley Landau-Zener-Bloch oscillations and pseudospin imbalance in photonic graphene

We demonstrate inter-valley Bloch oscillation (BO) and Landau-Zener tunneling (LZT) in an optically-induced honeycomb lattice with a refractive index gradient. Unlike previously observed BO in a gapped square lattice, we show non-adiabatic beam dynamics that are highly sensitive to the direction of the index gradient and the choice of the Dirac cones. In particular, a symmetry-preserving potential leads to nearly perfect LZT and coherent BO between the inequivalent valleys, whereas a symmetry-breaking potential generates asymmetric scattering, imperfect LZT, and valley-sensitive generation of vortices mediated by a pseudospin imbalance. This clearly indicates that, near the Dirac points, the transverse gradient does not always act as a simple scalar force as commonly assumed, and the LZT probability is strongly affected by the sublattice symmetry as analyzed from an effective Landau-Zener Hamiltonian. Our results illustrate the anisotropic response of an otherwise isotropic Dirac platform to real-space potentials acting as strong driving fields, which may be useful for manipulation of pseudospin and valley degrees of freedom in graphene-like systems

Parameters Estimation and Bias Correction for Diffusion Processes

This paper considers parameter estimation for continuous-time diffusion processes which are commonly used to model dynamics of financial securities including interest rates. To understand why the drift parameters are more difficult to estimate than the diffusion parameter as observed in many empirical studies, we develop expansions for the bias and variance of parameter estimators for two mostly employed interest rate processes. A parametric bootstrap procedure is proposed to correct bias in parameter estimation of general diffusion processes. Simulation studies confirm the theoretical findings and show that the bootstrap proposal can effectively reduce both the bias and the mean square error of parameter estimates for both univariate and multivariate processes. The advantages of using more accurate parameter estimators when calculating various option prices in finance are demonstrated by an empirical study on a Fed fund rate data

Higher bottom and bottom-strange mesons

Motivated by the recent observation of the orbital excitation $B(5970)$ by CDF collaboration, we have performed a systematical study of the mass spectrum and strong decay patterns of the higher $B$ and $B_s$ mesons. Hopefully the present investigation may provide valuable clues to further experimental exploration of these intriguing excited heavy mesons.Comment: 13 pages, 11 figures, 10 tables. More discussions and references added. Accepted by Phys. Rev.