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Inspired by coarea formula in geometric measure theory, an occupation time formula for continuous semimartingales in $\mathbb{R}^{N}$ is proven. The occupation measure of a semimartingale, for $N\geq2$, is singular with respect to Lebesgue…

Probability · Mathematics 2013-12-12 Andrea Bevilacqua , Franco Flandoli

We obtain functional central limit theorems for both discrete time expressions of the form $1/\sqrt{N}\sum_{n=1}^{[Nt]}(F(X(q_1(n)),\ldots, X(q_{\ell}(n)))-\bar{F})$ and similar expressions in the continuous time where the sum is replaced…

Probability · Mathematics 2014-02-26 Yuri Kifer , S. R. S. Varadhan

In this paper we generalize a representation formula for the local time of a function of a semimartingale due to Coquet and Ouknine \cite{Ouknine} , our formula being a pointwise equality between two processes we show in addition that the…

Probability · Mathematics 2021-04-29 Anass Ben Taleb

The approximation of integral type functionals is studied for discrete observations of a continuous It\^o semimartingale. Based on novel approximations in the Fourier domain, central limit theorems are proved for $L^2$-Sobolev functions…

Probability · Mathematics 2022-11-08 Randolf Altmeyer

Our aim is to unify and extend the large deviation upper and lower bounds for the occupation times of a Markov process with $L_2$ semigroups under minimal conditions on the state space and the process trajectories; for example, no strong…

Probability · Mathematics 2008-09-24 Naresh Jain , Nicolai Krylov

Let $X=\{X_n: n\in\mathbb{N}\}$ be a long memory linear process in which the coefficients are regularly varying and innovations are independent and identically distributed and belong to the domain of attraction of an $\alpha$-stable law…

Probability · Mathematics 2023-09-22 Hui Liu , Yudan Xiong , Fangjun Xu

Generalised Ito formulae are proved for time dependent functions of continuous real valued semi-martingales. The conditions involve left space and time first derivatives, with the left space derivative required to have locally bounded…

Probability · Mathematics 2015-08-11 K. D. Elworthy , A. Truman , H. Z. Zhao

This paper is concerned with asymptotic behavior of a variety of functionals of increments of continuous semimartingales. Sampling times are assumed to follow a rather general discretization scheme. If an underlying semimartingale is…

Probability · Mathematics 2024-10-04 Michael Levine , Xiaoguang Wang , Jian Frank Zou

The strong $L^2$-approximation of occupation time functionals is studied with respect to discrete observations of a $d$-dimensional c\`adl\`ag process. Upper bounds on the error are obtained under weak assumptions, generalizing previous…

Probability · Mathematics 2021-02-02 Randolf Altmeyer

Given a reference filtration $\mathbb{F}$, we develop in this work a generic method for computing the semimartingale decomposition of $\mathbb{F}$-martingales in some specific enlargements of $\mathbb{F}$. This method is then applied to the…

Probability · Mathematics 2014-02-14 Monique Jeanblanc , Libo Li , Shiqi Song

This paper presents a set of results relating to the occupation time $\alpha(t)$ of a process $X(\cdot)$. The first set of results concerns exact characterizations of $\alpha(t)$ for $t\geq0$, e.g., in terms of its transform up to an…

Probability · Mathematics 2018-09-03 N. J. Starreveld , R. Bekker , M. Mandjes

Assume that $T$ is a conservative ergodic measure preserving transformation of the infinite measure space $(X,\mathcal{A},\mu)$.We study the asymptotic behaviour of occupation times of certain subsets of infinite measure. Specifically, we…

Dynamical Systems · Mathematics 2007-05-23 Jon Aaronson , Maximilian Thaler , Roland Zweimueller

We study a notion of generalized H\"older continuity for functions on $\mathbb{R}^d$. We show that for any bounded function $f$ of bounded support and any $r>0$, the $r$-oscillation of $f$ defined as $osc_r f (x):= \sup_{B_r(x)} f -…

Metric Geometry · Mathematics 2018-10-12 Imre Péter Tóth

We obtain the fluctuations for the occupation time of one-dimensional symmetric exclusion processes with speed change, where the transition rates (conductances) are driven by a general function W. The approach does not require sharp bounds…

Probability · Mathematics 2014-07-31 Tertuliano Franco , Patrícia Gonçalves , Adriana Neumann

In the paper the rescaled occupation time fluctuation process of a certain empirical system is investigated. The system consists of particles evolving independently according to \alpha-stable motion in R^d, \alpha<d<2\alpha. The particles…

Probability · Mathematics 2011-09-02 Piotr Milos

On a probability space $(\Omega,\mathcal{A},\mathbb{Q})$ we consider two filtrations $\mathbb{F}\subset \mathbb{G}$ and a $\mathbb{G}$ stopping time $\theta$ such that the $\mathbb{G}$ predictable processes coincide with $\mathbb{F}$…

Computational Finance · Quantitative Finance 2017-02-06 Stéphane Crépey , Shiqi Song

We give conditions under which the normalized marginal distribution of a semimartingale converges to a Gaussian limit law as time tends to zero. In particular, our result is applicable to solutions of stochastic differential equations with…

Probability · Mathematics 2012-08-22 Stefan Gerhold , Max Kleinert , Piet Porkert , Mykhaylo Shkolnikov

Functional limit theorems are presented for the rescaled occupation time fluctuations process of a critical finite variance branching particle system in $R^d$ with symmetric a-stable motion starting off from either a standard Poisson random…

Probability · Mathematics 2009-11-04 Piotr Milos

We describe the classes of functions $f=(f(x), x\in R)$, for which processes $f(W_t)-Ef(W_t)$ and $f(W_t)/Ef(W_t)$ are martingales. We apply these results to give a martingale characterization of general solutions of the quadratic and the…

Probability · Mathematics 2021-08-17 M. Mania , R. Tevzadze

We prove a conditional local limit theorem for discrete-time fractional Brownian motions (dfBm) with Hurst parameter 3/4<H<1. Using results from infinite ergodic theory it is then shown that the properly scaled occupation time of dfBm…

Probability · Mathematics 2017-02-03 Manfred Denker , Xiaofei Zheng
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