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For a bivariate \Levy process $(\xi_t,\eta_t)_{t\ge 0}$ and initial value $V_0$ define the Generalised Ornstein-Uhlenbeck (GOU) process \[ V_t:=e^{\xi_t}\Big(V_0+\int_0^t e^{-\xi_{s-}}\ud \eta_s\Big),\quad t\ge0,\] and the associated…

Probability · Mathematics 2011-01-06 Damien Bankowski , Claudia Klüppelberg , Ross Maller

We investigate ergodic properties of generalized Ornstein--Uhlenbeck processes. In particular, we provide sufficient conditions for ergodicity, and for subexponential and exponential convergence to the invariant probability measure. We use…

Probability · Mathematics 2016-06-06 Peter Kevei

For a bivariate L\'evy process $(\xi_t,\eta_t)_{t\geq 0}$ the generalised Ornstein-Uhlenbeck (GOU) process is defined as V_t:=e^{\xi_t}(z+\int_0^t e^{-\xi_{s-}}d\eta_s), t\ge0, where $z\in\mathbb{R}.$ We define necessary and sufficient…

Probability · Mathematics 2008-04-11 Damien Bankovsky , Allan Sly

We give upper and lower estimates of densities of convolution semigroups of probability measures under explicit assumptions on the corresponding Levy measure and the Levy--Khinchin exponent. We obtain also estimates of derivatives of…

Probability · Mathematics 2015-06-03 Kamil Kaleta , Paweł Sztonyk

Assuming that a threshold Ornstein-Uhlenbeck process is observed at discrete time instants, we propose generalized moment estimators to estimate the parameters. Our theoretical basis is the celebrated ergodic theorem. To use this theorem we…

Statistics Theory · Mathematics 2020-11-24 Yaozhong Hu , Yuejuan Xi

The main purpose of the paper is an essentially probabilistic analysis of relativistic quantum mechanics. It is based on the assumption that whenever probability distributions arise, there exists a stochastic process that is either…

chao-dyn · Physics 2008-02-03 P. Garbaczewski , J. R. Klauder , R. Olkiewicz

In this paper we study the Wiener-Hopf factorization for a class of L\'evy processes with double-sided jumps, characterized by the fact that the density of the L\'evy measure is given by an infinite series of exponential functions with…

Probability · Mathematics 2012-01-30 Alexey Kuznetsov

The main objective of this work is to study a natural class of catalytic Ornstein-Uhlenbeck (O-U) processes with a measure-valued random catalyst, for example, super-Brownian motion. We relate this to the class of affine processes that…

Probability · Mathematics 2014-11-19 Juan-Manuel Perez-Abarca , Donald A. Dawson

We study the small deviation problem $\log\mathbb{P}(\sup_{t\in[0,1]}|X_t|\leq\varepsilon)$, as $\varepsilon\to0$, for general L\'{e}vy processes $X$. The techniques enable us to determine the asymptotic rate for general real-valued…

Probability · Mathematics 2009-09-25 Frank Aurzada , Steffen Dereich

Veestraeten [1] recently derived inverse Laplace transforms for Laplace transforms that contain products of two parabolic cylinder functions by exploiting the link between the parabolic cylinder function and the transition density and…

Mathematical Physics · Physics 2015-12-29 Dirk Veestraeten

By working in the small persistence time limit, we determine the steady-state distribution of an Active Ornstein Uhlenbeck Particle (AOUP) experiencing, in addition to self-propulsion, a Gaussian white noise modelling a bath at temperature…

Statistical Mechanics · Physics 2021-05-26 David Martin , Thibaut Arnoulx de Pirey

In this article, we introduce a non Gaussian long memory process constructed by the aggregation of independent copies of a fractional L\'evy Ornstein-Uhlenbeck process with random coefficients. Several properties and a limit theorem are…

Probability · Mathematics 2021-07-22 Héctor Araya , Johanna Garzón , Rolando Rubilar

We consider the extreme value statistics of correlated random variables that arise from a Langevin equation. Recently, it was shown that the extreme values of the Ornstein-Uhlenbeck process follow a different distribution than those…

Statistical Mechanics · Physics 2021-08-17 Lior Zarfaty , Eli Barkai , David A. Kessler

For a bivariate \Levy process $(\xi_t,\eta_t)_{t\geq 0}$ the generalised Ornstein-Uhlenbeck (GOU) process is defined as \[V_t:=e^{\xi_t}(z+\int_0^t e^{-\xi_{s-}}\ud \eta_s), t\ge0,\]where $z\in\mathbb{R}.$ We present conditions on the…

Probability · Mathematics 2009-01-05 Damien Bankovsky

We analyze a specific class of random systems that are driven by a symmetric L\'{e}vy stable noise, where Langevin representation is absent. In view of the L\'{e}vy noise sensitivity to environmental inhomogeneities, the pertinent random…

Statistical Mechanics · Physics 2015-06-15 Mariusz Zaba , Piotr Garbaczewski , Vladimir Stephanovich

We prove a local limit theorem, i.e. a central limit theorem for densities, for a sequence of independent and identically distributed random variables taking values on an abstract Wiener space; the common law of those random variables is…

Probability · Mathematics 2016-10-05 Alberto Lanconelli , Aurel Iulian Stan

We consider a Stochastic Differential Equation driven by a L\'evy process whose L\'evy measure satisfy a tempered stable domination. We study how a perturbation of the coefficients reflects on the density of the solution. We quantify the…

Probability · Mathematics 2016-03-17 L Huang

The $q$-Ornstein-Uhlenbeck processes, $q\in(-1,1)$, are a family of stationary Markov processes that converge weakly to the standard Ornstein-Uhlenbeck process as $q$ tends to 1. It has been noticed recently that in terms of path…

Probability · Mathematics 2017-10-27 Yizao Wang

We consider a process given by a two-dimensional fractional Brownian motion with Hurst parameter 1/3 < H < 1/2, along with an associated L\'evy area, and prove the smoothness of a density for this process with respect to Lebesgue measure.

Probability · Mathematics 2010-10-18 Patrick Driscoll

We continue the investigation of sample paths of $q$-Ornstein-Uhlenbeck process. We show that for all $q\in(-1,1)$, the process has big jumps crossing from near one end point of the domain to the other with positive probability. Moreover,…

Probability · Mathematics 2016-07-05 Yizao Wang