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A distributional equation as a criterion for invariant measures of Markov processes associated to L\'evy-type operators is established. This is obtained via a characterization of infinitesimally invariant measures of the associated…

Probability · Mathematics 2022-08-17 Anita Behme , David Oechsler

In this article we introduce a theory of integration for deterministic, operator-valued integrands with respect to cylindrical L\'evy processes in separable Banach spaces. Here, a cylindrical L\'evy process is understood in the classical…

Probability · Mathematics 2014-05-29 Markus Riedle

Constructing \Levy-driven Ornstein-Uhlenbeck processes is a task closely related to the notion of self-decomposability. In particular, their transition laws are linked to the properties of what will be hereafter called the \emph{a-reminder}…

Probability · Mathematics 2020-11-19 Nicola Cufaro Petroni , Piergiacomo Sabino

The Laplace transforms of the transition probability density and distribution functions for the Ornstein-Uhlenbeck process contain the product of two parabolic cylinder functions, namely D_{v}(x)D_{v}(y) and D_{v}(x)D_{v-1}(y),…

Mathematical Physics · Physics 2015-08-06 Dirk Veestraeten

Using a coupling for the weighted sum of independent random variables and the explicit expression of the transition semigroup of Ornstein-Uhlenbeck processes driven by compound Poisson processes, we establish the existence of a successful…

Probability · Mathematics 2011-05-18 René L. Schilling , Jian Wang

In this paper, we study the cut-off phenomenon under the total variation distance of $d$-dimensional Ornstein-Uhlenbeck processes which are driven by L\'evy processes. That is to say, under the total variation distance, there is an abrupt…

Probability · Mathematics 2023-05-05 Gerardo Barrera , Juan Carlos Pardo

This work concerns the Ornstein-Uhlenbeck type process associated to a positive self-similar Markov process $(X(t))_{t\geq 0}$ which drifts to $\infty$, namely $U(t):= {\rm e}^{-t}X({\rm e}^t-1)$. We point out that $U$ is always a…

Probability · Mathematics 2017-09-21 Jean Bertoin

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

For $n$ equidistant observations of a L\'evy process at time distance $\Delta_n$ we consider the problem of testing hypotheses on the volatility, the jump measure and its Blumenthal-Getoor index in a non- or semiparametric manner.…

Statistics Theory · Mathematics 2013-04-05 Markus Reiß

We derive a necessary and sufficient condition for stochastic processes to have almost periodic finite dimensional distributions; in particular, we obtain characterizations for infinitely divisible processes to be almost periodic in terms…

Probability · Mathematics 2022-08-18 David Berger , Farid Mohamed

A compound Poisson process whose parameters are all unknown is observed at finitely many equispaced times. Nonparametric estimators of the jump and L\'evy distributions are proposed and functional central limit theorems using the uniform…

Statistics Theory · Mathematics 2017-02-06 Alberto J. Coca

Ornstein-Uhlenbeck processes driven by general L\'{e}vy process are considered in this paper. We derive strongly consistent estimators for the moments of the underlying L\'{e}vy process and for the mean reverting parameter of the…

Probability · Mathematics 2010-11-30 Konstantinos Spiliopoulos

In this article, we introduce Mittag-Leffler L\'evy process and provide two alternative representations of this process. First, in terms of Laplace transform of the marginal densities and next as a subordinated stochastic process. Both…

Probability · Mathematics 2016-02-05 Arun Kumar , N. S. Upadhye

We consider a sequence of fractional Ornstein-Uhlenbeck processes, that are defined as solutions of a family of stochastic Volterra equations with kernel given by the Riesz derivative kernel, and leading coefficients given by a sequence of…

Probability · Mathematics 2022-11-24 Luigi Amedeo Bianchi , Stefano Bonaccorsi , Luciano Tubaro

In this paper we introduce non-decreasing jump processes with independent and time non-homogeneous increments. Although they are not L\'evy processes, they somehow generalize subordinators in the sense that their Laplace exponents are…

Probability · Mathematics 2016-03-10 Enzo Orsingher , Costantino Ricciuti , Bruno Toaldo

Based on the explicit coupling property, the ergodicity and the exponential ergodicity of L\'{e}vy driven Ornstein-Uhlenbeck processes are established.

Probability · Mathematics 2012-05-22 Jian Wang

Continuous Time Markov Chains, Hawkes processes and many other interesting processes can be described as solution of stochastic differential equations driven by Poisson measures. Previous works, using the Stein's method, give the…

Probability · Mathematics 2026-04-02 Eustache Besançon , Laure Coutin , Laurent Decreusefond , Pascal Moyal

In this work, we present a comprehensive theory of stochastic integration with respect to arbitrary cylindrical L\'evy processes in Hilbert spaces. Since cylindrical L\'evy processes do not enjoy a semi-martingale decomposition, our…

Probability · Mathematics 2024-03-18 Gergely Bodó , Markus Riedle

L\'evy-driven Ornstein-Uhlenbeck (OU) processes represent an intriguing class of stochastic processes that have garnered interest in the energy sector for their ability to capture typical features of market dynamics. However, in the current…

Computational Finance · Quantitative Finance 2026-05-07 Roberto Baviera , Pietro Manzoni

In this paper we develop an $L_2$-theory for stochastic partial differential equations driven by L\'evy processes. The coefficients of the equations are random functions depending on time and space variables, and no smoothness assumption of…

Probability · Mathematics 2010-07-26 Zhen-Qing Chen , Kyeong-Hun Kim