Rough path properties for local time of symmetric α stable process

In this paper, we first prove that the local time associated with symmetric -stable processes is of bounded -variation for any partly based on Barlow’s estimation of the modulus of the local time of such processes. The fact that the local time is of bounded -variation for any enables us to define t...

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Bibliographic Details
Main Authors: Wang, Qingfeng, Zhao, Huaizhong
Format: Article
Published: Elsevier 2017
Subjects:
Online Access:https://eprints.nottingham.ac.uk/52003/