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In this paper, we study an approximation scheme for L\'evy processes with drift in terms of a representation that is akin to the celebrated Mehler formula for L\'evy-Ornstein-Uhlenbeck processes. The approximation scheme is based on a…

Probability · Mathematics 2025-11-25 Max Nendel

We prove the existence of a local time, the continuity of the local time about $t$, and the regular property for $a.e.$ $x\in R$ of a Ornstein-Uhlenbeck type $\{X_t,\ t\in R^+\}$ driven by a general L\'{e}vy process, under mild regularity…

Probability · Mathematics 2010-09-16 Jing Zheng

We derive general sufficient conditions for the existence of c\`adl\`ag and continuous modifications of L\'evy-driven mixed moving average processes. The conditions are explicit and easy to verify and applied to supOU, well-balanced supOU,…

Probability · Mathematics 2026-02-03 Danijel Grahovac , Péter Kevei , Orimar Sauri

We study the distributional properties of jumps of multi-type continuous state and continuous time branching processes with immigration (multi-type CBI processes). We derive an expression for the distribution function of the first jump time…

Probability · Mathematics 2024-05-13 Matyas Barczy , Sandra Palau

We consider a generalization of a one-dimensional stochastic process known in the physical literature as L\'evy-Lorentz gas. The process describes the motion of a particle on the real line in the presence of a random array of marked points,…

Probability · Mathematics 2016-04-12 Alessandra Bianchi , Giampaolo Cristadoro , Marco Lenci , Marilena Ligabò

We consider continuous--time Markov kinetics with a finite number of states and a given positive equilibrium distribution P*. For an arbitrary probability distribution $P$ we study the possible right hand sides, dP/dt, of the Kolmogorov…

Chemical Physics · Physics 2013-01-14 A. N. Gorban

The central result of this paper is an analytic duality relation for real-valued L\'evy processes killed upon exiting a half-line. By Nagasawa's theorem, this yields a remarkable time-reversal identity involving the L\'evy process…

Probability · Mathematics 2014-02-26 Jean Bertoin , Mladen Savov

Piecewise-deterministic Markov processes form a general class of non-diffusion stochastic models that involve both deterministic trajectories and random jumps at random times. In this paper, we state a new characterization of the jump rate…

Methodology · Statistics 2017-05-03 Romain Azaïs , Alexandre Genadot

The limits of scaled relative entropies between probability distributions associated with N-particle weakly interacting Markov processes are considered. The convergence of such scaled relative entropies is established in various settings.…

Probability · Mathematics 2015-02-16 Amarjit Budhiraja , Paul Dupuis , Markus Fischer , Kavita Ramanan

By using lower bound conditions of the L\'evy measure w.r.t. a nice reference measure, the coupling and strong Feller properties are investigated for the Markov semigroup associated with a class of linear SDEs driven by (non-cylindrical)…

Probability · Mathematics 2013-01-09 Feng-Yu Wang , Jian Wang

We introduce a class of continuous-state branching processes with immigration, predation and competition, which can be viewed as a combination of the classical Lotka-Volterra model and continuous-state branching processes with competition…

Probability · Mathematics 2026-04-06 Shukai Chen , Pei-Sen Li , Jian Wang

In this paper, we establish the existence of moments and moment estimates for L\'evy-type processes. We discuss whether the existence of moments is a time dependent distributional property, give sufficient conditions for the existence of…

Probability · Mathematics 2017-02-09 Franziska Kühn

We derive characteristic function identities for conditional distributions of an r-trimmed Levy process given its r largest jumps up to a designated time t. Assuming the underlying Levy process is in the domain of attraction of a stable…

Probability · Mathematics 2018-09-06 Yuguang F. Ipsen , Peter Kevei , Ross A. Maller

Perfect sampling is a technique that uses coupling arguments to provide a sample from the stationary distribution of a Markov chain in a finite time without ever computing the distribution. This technique is very efficient if all the events…

Discrete Mathematics · Computer Science 2015-03-17 Ana Bušić , Bruno Gaujal , Furcy Pin

We provide a framework for empirical process theory of locally stationary processes using the functional dependence measure. Our results extend known results for stationary Markov chains and mixing sequences by another common possibility to…

Statistics Theory · Mathematics 2021-08-20 Nathawut Phandoidaen , Stefan Richter

We present a new kind of structural Markov property for probabilistic laws on decomposable graphs, which allows the explicit control of interactions between cliques, so is capable of encoding some interesting structure. We prove the…

Computation · Statistics 2017-10-20 Peter J Green , Alun Thomas

For discrete-time stochastic processes, there is a close connection between return/waiting times and entropy. Such a connection cannot be straightforwardly extended to the continuous-time setting. Contrarily to the discrete-time case one…

Probability · Mathematics 2007-05-23 Jean-Rene Chazottes , Cristian Giardina , Frank Redig

We prove that when a sequence of L\'evy processes $X^{(n)}$ or a normed sequence of random walks $S^{(n)}$ converges a.s. on the Skorokhod space toward a L\'evy process $X$, the sequence $L^{(n)}$ of local times at the supremum of $X^{(n)}$…

Probability · Mathematics 2009-03-24 Loïc Chaumont , Ron Arthur Doney

The paper is devoted to the relationship between the continuous Markovian description of Levy flights developed previously and their equivalent representation in terms of discrete steps of a wandering particle, a certain generalization of…

Statistical Mechanics · Physics 2015-06-04 Ihor Lubashevsky

Markov switching models are a popular family of models that introduces time-variation in the parameters in the form of their state- or regime-specific values. Importantly, this time-variation is governed by a discrete-valued latent…

Econometrics · Economics 2023-11-13 Yong Song , Tomasz Woźniak
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