Tanaka formula for symmetric L\'{e}vy processes
classification
🧮 math.PR
keywords
processsymmetricciteformulalocalprocessestanakatimes
read the original abstract
Starting from the potential theoretic definition of the local times of a Markov process - when these exist - we obtain a Tanaka formula for the local times of symmetric L\'{e}vy processes. The most interesting case is that of the symmetric $\al$-stable L\'{e}vy process (for $\al\in[1,2]$) which is studied in detail. In particular, we determine which powers of such a process are semimartingales. These results complete, in a sense, the works by K. Yamada \cite{yamada02} and Fitzsimmons and Getoor \cite{fitzsimmonsgetoor92a}.
This paper has not been read by Pith yet.
discussion (0)
Sign in with ORCID, Apple, or X to comment. Anyone can read and Pith papers without signing in.