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JOURNALS // Zapiski Nauchnykh Seminarov POMI // Archive

Zap. Nauchn. Sem. POMI, 2021 Volume 505, Pages 5–16 (Mi znsl7120)

This article is cited in 1 paper

An analogue of the local time for a certain class of Levy processes

T. E. Abildaev

Saint Petersburg State University

Abstract: We consider a class of Levy processes that includes symmetric $\alpha$-stable processes for $\alpha \in (1,2)$. We obtain an analogue of the local time for this class of processes, study this analogue's properties and show that it can be considered as the generalization of the local time of symmetric stable process.

Key words and phrases: stochastic processes, Levy processes, stable processes, local time.

UDC: 519.2

Received: 28.10.2021



© Steklov Math. Inst. of RAS, 2024