Parameter estimation and model testing for Markov processes via conditional characteristic functions

Markov processes are used in a wide range of disciplines, including finance. The transition densities of these processes are often unknown. However, the conditional characteristic functions are more likely to be available, especially for L\'{e}vy-driven processes. We propose an empirical likelihood approach, for both parameter estimation and model specification testing, based on the conditional characteristic function for processes with either continuous or discontinuous sample paths. Theoretical properties of the empirical likelihood estimator for parameters and a smoothed empirical likelihood ratio test for a parametric specification of the process are provided. Simulations and empirical case studies are carried out to confirm the effectiveness of the proposed estimator and test.Comment: Published in at http://dx.doi.org/10.3150/11-BEJ400 the Bernoulli (http://isi.cbs.nl/bernoulli/) by the International Statistical Institute/Bernoulli Society (http://isi.cbs.nl/BS/bshome.htm

The optical/UV excess of isolated neutron stars in the RCS model

The X-ray dim isolated neutron stars (XDINSs) are peculiar pulsar-like objects, characterized by their very well Planck-like spectrum. In studying their spectral energy distributions, the optical/UV excess is a long standing problem. Recently, Kaplan et al. (2011) have measured the optical/UV excess for all seven sources, which is understandable in the resonant cyclotron scattering (RCS) model previously addressed. The RCS model calculations show that the RCS process can account for the observed optical/UV excess for most sources . The flat spectrum of RX J2143.0+0654 may due to contribution from bremsstrahlung emission of the electron system in addition to the RCS process.Comment: 6 pages, 2 figures, 1 table, accepted for publication in Research in Astronomy and Astrophysic

Quark Orbital Angular Momentum in the Baryon

Analytical and numerical results, for the orbital and spin content carried by different quark flavors in the baryons, are given in the chiral quark model with symmetry breaking. The reduction of the quark spin, due to the spin dilution in the chiral splitting processes, is transferred into the orbital motion of quarks and antiquarks. The orbital angular momentum for each quark flavor in the proton as a function of the partition factor $\kappa$ and the chiral splitting probability $a$ is shown. The cancellation between the spin and orbital contributions in the spin sum rule and in the baryon magnetic moments is discussed.Comment: 26 pages, 3 figures, revised version with minor eq. no and ref. no. corrections. Discussion on the $\Lambda$ spin and a new ref. are adde

AXPs and SGRs in the outer gap model: confronting Fermi observations

Anomalous X-ray pulsars (AXPs) and soft gamma-ray repeaters (SGRs) are magnetar candidates, i.e., neutron stars powered by strong magnetic field. If they are indeed magnetars, they will emit high-energy gamma-rays which are detectable by Fermi-LAT according to the outer gap model. However, no significant detection is reported in recent Fermi-LAT observations of all known AXPs and SGRs. Considering the discrepancy between theory and observations, we calculate the theoretical spectra for all AXPs and SGRs with sufficient observational parameters. Our results show that most AXPs and SGRs are high-energy gamma-ray emitters if they are really magnetars. The four AXPs 1E 1547.0-5408, XTE J1810-197, 1E 1048.1-5937, and 4U 0142+61 should have been detected by Fermi-LAT. Then there is conflict between out gap model in the case of magnetars and Fermi observations. Possible explanations in the magnetar model are discussed. On the other hand, if AXPs and SGRs are fallback disk systems, i.e., accretion-powered for the persistent emissions, most of them are not high-energy gamma-ray emitters. Future deep Fermi-LAT observations of AXPs and SGRs will help us make clear whether they are magnetars or fallback disk systems.Comment: 15 pages, 3 figures, 1 table, accepted for publication in The Astrophysical Journa