English

On $q$-scale functions of spectrally negative L\'evy processes

Probability 2022-03-08 v2

Abstract

We obtain series expansions of the qq-scale functions of arbitrary spectrally negative L\'evy processes, including processes with infinite jump activity, and use these to derive various new examples of explicit qq-scale functions. Moreover, we study smoothness properties of the qq-scale functions of spectrally negative L\'evy processes with infinite jump activity. This complements previous results of Chan et al. [7] for spectrally negative L\'evy processes with Gaussian component or bounded variation.

Keywords

Cite

@article{arxiv.2109.09359,
  title  = {On $q$-scale functions of spectrally negative L\'evy processes},
  author = {Anita Behme and David Oechsler and René L. Schilling},
  journal= {arXiv preprint arXiv:2109.09359},
  year   = {2022}
}