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A level-dependent L\'evy process solves the stochastic differential equation $dU(t) = dX(t)-{\phi}(U(t)) dt$, where $X$ is a spectrally negative L\'evy process. A special case is a multi-refracted L\'evy process with…

Probability · Mathematics 2019-03-07 Irmina Czarna , José-Luis Pérez , Tomasz Rolski , Kazutoshi Yamazaki

We consider a class of L\'evy-type processes on which spectral analysis technics can be made to produce optimal results, in particular for the decay rate of their survival probability and for the spectral gap of their ground state…

Probability · Mathematics 2023-06-30 Grégoire Véchambre

The study of non-stationary processes whose local form has controlled properties is a fruitful and important area of research, both in theory and applications. We present here a construction of multifractional multistable processes, based…

Probability · Mathematics 2009-11-03 Ronan Le Guével , Jacques Lévy-Véhel

We study a combination of the refracted and reflected L\'evy processes. Given a spectrally negative L\'evy process and two boundaries, it is reflected at the lower boundary while, whenever it is above the upper boundary, a linear drift at a…

Probability · Mathematics 2017-06-13 José-Luis Pérez , Kazutoshi Yamazaki

A fluctuation theory and, in particular, a theory of scale functions is developed for upwards skip-free L\'evy chains, i.e. for right-continuous random walks embedded into continuous time as compound Poisson processes. This is done by…

Probability · Mathematics 2015-05-19 Matija Vidmar

Stable distributions are a celebrated class of probability laws used in various fields. The $\alpha$-stable process, and its exponentially tempered counterpart, the Classical Tempered Stable (CTS) process, are also prominent examples of…

Probability · Mathematics 2024-12-10 Taher Jalal

Non-negative integer-valued semi-selfsimilar processes are introduced. Levy processes in this class are characterized. Its relation to an AR(1) scheme is derived.

Probability · Mathematics 2007-08-13 S Satheesh , E Sandhya

Recently, various models have been developed, including the fractional Brownian motion (fBm), to analyse the stochastic properties of geodetic time series, together with the extraction of geophysical signals. The noise spectrum of these…

Methodology · Statistics 2021-02-18 J. P. Montillet , X. He , K. Yu

A recurrent theme in functional analysis is the interplay between the theory of positive definite functions, and their reproducing kernels, on the one hand, and Gaussian stochastic processes, on the other. This central theme is motivated by…

Functional Analysis · Mathematics 2012-08-15 Daniel Alpay , Palle Jorgensen

Levy processes, which have stationary independent increments, are ideal for modelling the various types of noise that can arise in communication channels. If a Levy process admits exponential moments, then there exists a parametric family…

Probability · Mathematics 2019-05-02 Dorje C. Brody , Lane P. Hughston , Xun Yang

For a refracted L\'evy process driven by a spectrally negative L\'evy process, we use a different approach to derive expressions for its q-potential measures without killing. Unlike previous methods whose derivations depend on scale…

Probability · Mathematics 2016-04-14 Jiang Zhou , Lan Wu

We obtain a vector-valued subordination principle for $(g_{\alpha}, g_{\alpha})$-regularized resolvent families which unified and improves various previous results in the literature. As a consequence we establish new relations between…

Functional Analysis · Mathematics 2014-12-24 Luciano Abadias , Pedro J. Miana

A new approach to study the scaling behavior of the scalar theory near the Gaussian fixed point in $d$-dimensions is presented. For a class of initial data an explicit use of the Green's function of the evolution equation is made. It is…

High Energy Physics - Theory · Physics 2009-10-31 Alfio Bonanno

We use Levy processes to generate joint prior distributions, and therefore penalty functions, for a location parameter as p grows large. This generalizes the class of local-global shrinkage rules based on scale mixtures of normals,…

Methodology · Statistics 2011-04-26 Nicholas G. Polson , James G. Scott

We extend the idea of tempering stable Levy processes to tempering more general classes of Levy processes. We show that the original process can be decomposed into the sum of the tempered process and an independent point process of large…

Probability · Mathematics 2020-01-22 Michael Grabchak

Layered stable (multivariate) distributions and processes are defined and studied. A layered stable process combines stable trends of two different indices, one of them possibly Gaussian. More precisely, in short time, it is close to a…

Probability · Mathematics 2023-04-11 C. Houdré , R. Kawai

We find necessary and sufficient conditions for almost sure finiteness of integral functionals of spectrally positive L\'evy processes. Via Lamperti type transforms, these results can be applied to obtain new integral tests on extinction…

Probability · Mathematics 2020-06-15 Pei-Sen Li , Xiaowen Zhou

The purpose of this paper is to adapt the empirical characteristic function (ECF) method to stable, but possibly not inverse stable linear stochastic system driven by the increments of a Levy-process. A remarkable property of the ECF method…

Methodology · Statistics 2014-01-07 L. Gerencser , M. Manfay

We define a new type of self-similarity for one-parameter families of stochastic processes, which applies to a number of important families of processes that are not self-similar in the conventional sense. This includes a new class of…

Statistics Theory · Mathematics 2010-09-02 Bent Jørgensen , J. Raúl Martínez , Clarice G. B. Demétrio

We consider the problem of static Bayesian inference for partially observed Levy-process models. We develop a methodology which allows one to infer static parameters and some states of the process, without a bias from the…

Computation · Statistics 2022-04-01 Hamza Ruzayqat , Ajay Jasra