English

Recurrent extensions of self-similar Markov processes and Cram\'er's condition II

Probability 2009-09-29 v1

Abstract

We prove that a positive self-similar Markov process (X,P)(X,\mathbb{P}) that hits 0 in a finite time admits a self-similar recurrent extension that leaves 0 continuously if and only if the underlying L\'{e}vy process satisfies Cram\'{e}r's condition.

Keywords

Cite

@article{arxiv.0711.4442,
  title  = {Recurrent extensions of self-similar Markov processes and Cram\'er's condition II},
  author = {Víctor Rivero},
  journal= {arXiv preprint arXiv:0711.4442},
  year   = {2009}
}

Comments

Published in at http://dx.doi.org/10.3150/07-BEJ6082 the Bernoulli (http://isi.cbs.nl/bernoulli/) by the International Statistical Institute/Bernoulli Society (http://isi.cbs.nl/BS/bshome.htm)