English

A functional non-central limit theorem for jump-diffusions with periodic coefficients driven by stable Levy-noise

Probability 2011-11-09 v1

Abstract

We prove a functional non-central limit theorem for jump-diffusions with periodic coefficients driven by strictly stable Levy-processes with stability index bigger than one. The limit process turns out to be a strictly stable Levy process with an averaged jump-measure. Unlike in the situation where the diffusion is driven by Brownian motion, there is no drift related enhancement of diffusivity.

Keywords

Cite

@article{arxiv.math/0611852,
  title  = {A functional non-central limit theorem for jump-diffusions with periodic coefficients driven by stable Levy-noise},
  author = {Brice Franke},
  journal= {arXiv preprint arXiv:math/0611852},
  year   = {2011}
}

Comments

Accepted to Journal of Theoretical Probability