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In this paper we study general nonlinear stochastic differential equations, where the usual Brownian motion is replaced by a L\'evy process. We also suppose that the coefficient multiplying the increments of this process is merely Lipschitz…

Probability · Mathematics 2007-07-19 Benjamin Jourdain , Sylvie Méléard , Wojbor Woyczynski

We investigate the class of tempered stable distributions and their associated processes. Our analysis of tempered stable distributions includes limit distributions, parameter estimation and the study of their densities. Regarding tempered…

Probability · Mathematics 2025-11-21 Uwe Küchler , Stefan Tappe

We establish heat kernel and gradient estimates for the density of kinetic degenerate Kolmogorov stochastic differentia equations. Our results are established under somehow minimal assumptions that guarantee the SDE is weakly well posed.

Analysis of PDEs · Mathematics 2022-03-23 P Chaudru de Raynal , S Menozzi , A Pesce , X Zhang

We consider stochastic differential equations (SDEs) driven by Feller processes which are themselves solutions of multivariate Levy driven SDEs. The solutions of these 'iterated SDEs' are shown to be non-Markovian. However, the process…

Probability · Mathematics 2015-03-19 Alexander Schnurr

In this paper we study the convergence of solutions for (possibly degenerate) stochastic differential equations driven by L\'evy processes, when the coefficients converge in some appropriate sense. First, we prove, by means of a…

Probability · Mathematics 2020-07-02 Huijie Qiao

We investigate densities of vaguely continuous convolution semigroups of probability measures on $\mathbb{R}^d$. First, we provide results that give upper estimates in a situation when the corresponding jump measure is allowed to be highly…

Probability · Mathematics 2020-07-30 Tomasz Grzywny , Karol Szczypkowski

In this paper, we study the Cauchy problem for backward stochastic partial differential equations (BSPDEs) involving fractional Laplacian operator. Firstly, by employing the martingale representation theorem and the fractional heat kernel,…

Probability · Mathematics 2024-09-12 Yuyang Ye , Yunzhang Li , Shanjian Tang

We introduce a notion of geometric tempering using exponentially-dampened Mittag-Leffler tempering functions and closely investigate the univariate case. Characteristic exponents and cumulants are calculated, as well as spectral densities.…

Probability · Mathematics 2023-05-26 Lorenzo Torricelli

We analyze the nonlinear stochastic heat equation driven by heavy-tailed noise in free space and arbitrary dimension. The existence of a solution is proved even if the noise only has moments up to an order strictly smaller than its…

Probability · Mathematics 2019-03-26 Carsten Chong

We provide series expansions for the tempered stable densities and for the price of European-style contracts in the exponential L\'evy model driven by the tempered stable process. These formulas recover several popular option pricing…

Computational Finance · Quantitative Finance 2025-10-03 Gaetano Agazzotti , Jean-Philippe Aguilar

We consider the stochastic differential equation on $\mathbb{R}^d$ given by $$ \, \mathrm{d}X_t = b(t,X_t) \, \mathrm{d}t + \, \mathrm{d} B_t, $$ where $B$ is a Brownian motion and $b$ is considered to be a distribution of regularity $ >…

Probability · Mathematics 2026-05-14 Nicolas Perkowski , Willem van Zuijlen

Consider the following stochastic differential equation (SDE) $$dX_t = b(t,X_{t-}) \, dt+ dL_t, \quad X_0 = x,$$ driven by a $d$-dimensional L\'evy process $(L_t)_{t \geq 0}$. We establish conditions on the L\'evy process and the drift…

Probability · Mathematics 2020-05-01 Franziska Kühn , René L. Schilling

We study existence of densities for solutions to stochastic differential equations with H\"older continuous coefficients and driven by a $d$-dimensional L\'evy process $Z=(Z_{t})_{t\geq 0}$, where, for $t>0$, the density function $f_{t}$ of…

Probability · Mathematics 2022-03-17 Martin Friesen , Peng Jin , Barbara Rüdiger

We obtain sample-path large deviations for a class of one-dimensional stochastic differential equations with bounded drifts and heavy-tailed L\'evy processes. These heavy-tailed L\'evy processes do not satisfy the exponential integrability…

Probability · Mathematics 2023-09-15 Wei Wei , Qiao Huang , Jinqiao Duan

In this paper, we study reflected generalized backward doubly stochastic differential equations driven by Teugels martingales associated with L\'evy process (RGBDSDELs, in short) with one continuous barrier. Under uniformly Lipschitz…

Probability · Mathematics 2010-11-15 Auguste Aman

By using lower bound conditions of the L\'evy measure, derivative formulae and Harnack inequalities are derived for linear stochastic differential equations driven by L\'evy processes. As applications, explicit gradient estimates and heat…

Probability · Mathematics 2013-08-22 Feng-Yu Wang

A stable-like process is a Feller process $(X_t)_{t\geq 0}$ taking values in $\mathbb{R}^d$ and whose generator behaves, locally, like an $\alpha$-stable L\'evy process, but the index $\alpha$ and all other characteristics may depend on the…

Probability · Mathematics 2020-05-19 V. Knopova , A. Kulik , R. Schilling

Motivated by applications to a manifold of semilinear and quasilinear stochastic partial differential equations (SPDEs) we establish the existence and uniqueness of strong solutions to coercive and locally monotone SPDEs driven by L\'{e}vy…

Analysis of PDEs · Mathematics 2013-05-22 Zdzisław Brzeźniak , Wei Liu , Jiahui Zhu

Estimates of densities of convolution semigroups of probability measures are given under specific assumptions on the corresponding L\'evy measure and the L\'evy--Khinchin exponent. The assumptions are satisfied, e.g., by tempered stable…

Probability · Mathematics 2008-04-02 Paweł Sztonyk

In this paper, we first explore certain structural properties of L\'evy flows and use this information to obtain the existence of strong solutions to a class of Stochastic PDEs in the space of tempered distributions, driven by L\'evy noise.…

Probability · Mathematics 2022-11-15 Arvind Kumar Nath , Suprio Bhar