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A spectral representation for regularly varying L\'evy processes with index between one and two is established and the properties of the resulting random noise are discussed in detail giving also new insight in the $L^2$-case where the…

Probability · Mathematics 2011-05-16 Florian Fuchs , Robert Stelzer

Let $(U_t,V_t)$ be a bivariate L\'evy process, where $V_t$ is a subordinator and $U_t$ is a L\'evy process formed by randomly weighting each jump of $V_t$ by an independent random variable $X_t$ having cdf $F$. We investigate the asymptotic…

Probability · Mathematics 2012-10-10 Peter Kevei , David M. Mason

In this paper we investigate functions that are harmonic with respect to the non-symmetric strictly $\alpha$-stable L\'evy processes on an open set $D \in \mathbb{R}^d$. We obtain the explicit formula for their boundary decay rate at parts…

Probability · Mathematics 2019-12-23 Tomasz Juszczyszyn

We study the relation between flow structure and fluid deformation in steady two-dimensional random flows. Beyond the linear (shear flow) and exponential (chaotic flow) elongation paradigms, we find a broad spectrum of stretching behaviors,…

Fluid Dynamics · Physics 2016-08-25 Marco Dentz , Daniel R. Lester , Tanguy Le Borgne , Felipe P. J. de Barros

We study whether a multivariate L\'evy-driven moving average process can shadow arbitrarily closely any continuous path, starting from the present value of the process, with positive conditional probability, which we call the conditional…

Probability · Mathematics 2017-05-16 Mikko S. Pakkanen , Tommi Sottinen , Adil Yazigi

As an analogue to the explicit formula in the stable case, the asymptotic behavior at the origin of the renormalized zero resolvent of one-dimensional L\'evy processes is studied under certain regular variation conditions on the…

Probability · Mathematics 2026-02-06 Kouji Yano , Mingdong Zhao

In this paper we study a queue with L\'evy input, without imposing any a priori assumption on the jumps being one-sided. The focus is on computing the transforms of all sorts of quantities related to the transient workload, assuming the…

Probability · Mathematics 2015-06-18 Jevgenijs Ivanovs , Michel Mandjes

We consider a L\'evy process that starts from $x<0$ and conditioned on having a positive maximum. When Cram\'er's condition holds, we provide two weak limit theorems as $x\to -\infty$ for the law of the (two-sided) path shifted at the first…

Probability · Mathematics 2011-04-26 Matyas Barczy , Jean Bertoin

We consider a multivariate L\'evy process where the first coordinate is a L\'evy process with no negative jumps which is not a subordinator and the others are nondecreasing. We determine the Laplace-Stieltjes transform of the steady-state…

Probability · Mathematics 2020-11-25 Offer Kella , Onno Boxma

The purpose of this paper is to construct the law of a L\'evy process conditioned to avoid zero, under mild technicals conditions, two of them being that the point zero is regular for itself and the L\'evy process is not a compound Poisson…

Probability · Mathematics 2016-10-17 Henry Pantí

We establish the global asymptotic equivalence between a pure jumps L\'evy process $\{X_t\}$ on the time interval $[0,T]$ with unknown L\'evy measure $\nu$ belonging to a non-parametric class and the observation of $2m^2$ Poisson…

Probability · Mathematics 2013-09-20 Pierre Étoré , Sana Louhichi , Ester Mariucci

We consider a pair of coupled queues driven by independent spectrally-positive Levy processes. With respect to the bi-variate workload process this framework includes both the coupled processor model and the two-server fluid network with…

Probability · Mathematics 2013-06-11 Onno Boxma , Jevgenijs Ivanovs

We develop a general construction for nonlinear L\'evy processes with given characteristics. More precisely, given a set $\Theta$ of L\'evy triplets, we construct a sublinear expectation on Skorohod space under which the canonical process…

Probability · Mathematics 2015-01-13 Ariel Neufeld , Marcel Nutz

A step reinforced random walk is a discrete time process with memory such that at each time step, with fixed probability $p \in (0,1)$, it repeats a previously performed step chosen uniformly at random while with complementary probability…

Probability · Mathematics 2022-10-04 Alejandro Rosales-Ortiz

We determine the asymptotic behavior of the realized power variations, or more generally of sums of a given test function evaluated at the successive increments of a L\'{e}vy process. One can completely elucidate the first order behavior…

Probability · Mathematics 2007-05-23 Jean Jacod

L\'evy processes, known for their ability to model complex dynamics with skewness, heavy tails and discontinuities, play a critical role in stochastic modeling across various domains. However, inference for most L\'evy processes, whether in…

Methodology · Statistics 2025-05-29 Bill Z. Lin , Simon Godsill

We consider a L\'evy process $Y(t)$ that is not permanently observed, but rather inspected at Poisson($\omega$) moments only, over an exponentially distributed time $T_\beta$ with parameter $\beta$. The focus lies on the analysis of the…

Probability · Mathematics 2021-10-26 Onno Boxma , Michel Mandjes

We obtain a representation of an inhomogeneous Levy process in a Lie group or a homogeneous space in terms of a drift, a matrix function and a measure function. Because the stochastic continuity is not assumed, our result generalizes the…

Probability · Mathematics 2014-12-30 Ming Liao

Let $X=\{X_{t},t\in R_{+}\}$ be a symmetric L\'{e}vy process with local time $\{L^{x}_{t} ; (x,t)\in R^{1}\times R^{1}_{+}\}$. When the L\'{e}vy exponent $\psi(\la)$ is regularly varying at zero with index $1<\beta\leq 2$, and satisfies…

Probability · Mathematics 2009-09-08 Michael B. Marcus , Jay Rosen

We define two new classes of stochastic processes, called tempered fractional L\'{e}vy process of the first and second kinds (TFLP and TFLP $I\!I$, respectively). TFLP and TFLP $I\!I$ make up very broad finite-variance, generally…

Probability · Mathematics 2019-10-03 Benjamin Cooper Boniece , Gustavo Didier , Farzad Sabzikar