This paper gives a brief overview of the nonparametric techniques that are useful for financial econometric problems. The problems include estimation and inference for instantaneous returns and volatility functions of time-homogeneous and time-dependent diffusion processes, and estimation of transition densities and state price densities. We first briefly describe the problems and then outline the main techniques and main results. Some useful probabilistic aspects of diffusion processes are also briefly summarized to facilitate our presentation and applications.

We prove the following stronger version of the positivity of quasi-local energy (mass) stated by Liu and Yau: the quasi-local energy of each connected component of the boundary of a compact spacelike hypersurface which satisfies the local energy condition is strictly positive unless the spacetime is flat along the spacelike hypersurface and the boundary of the spacelike hypersurface is connected.

In this paper, we are concerned with the one-species VlasovPoissonBoltzmann system with a nonconstant background density in full space. There exists a stationary solution when the background density is a small perturbation of a positive constant state. We prove the nonlinear stability of solutions to the Cauchy problem near the stationary state in some Sobolev space without any time derivatives. This result is nontrivial even when the background density is a constant state. In the proof, the macroscopic balance laws are essentially used to deal with the a priori estimates on both the microscopic and macroscopic parts of the solution. Moreover, some interactive energy functionals are introduced to overcome difficulty stemming from the absence of time derivatives in the energy functional.

Let Y be a closed and oriented 3-manifold. We define different versions of unfolded Seiberg-Witten Floer spectra for Y. These invariants generalize Manolescu's Seiberg-Witten Floer spectrum for rational homology 3-spheres. We also compute some examples when Y is a Seifert space.

No abstract uploaded!