Uniform control of local times of spectrally positive stable processes

Citation
Forman, Noah et al., Uniform control of local times of spectrally positive stable processes, Annals of applied probability , 28(4), 2018, pp. 2592-2634
ISSN journal
10505164
Volume
28
Issue
4
Year of publication
2018
Pages
2592 - 2634
Database
ACNP
SICI code
Abstract
We establish two results about local times of spectrally positive stable processes. The first is a general approximation result, uniform in space and on compact time intervals, in a model where each jump of the stable process may be marked by a random path. The second gives moment control on the Hölder constant of the local times, uniformly across a compact spatial interval and in certain random time intervals. For the latter, we introduce the notion of a Lévy process restricted to a compact interval, which is a variation of Lambert.s Lévy process confined in a finite interval and of Pistorius. doubly reflected process. We use the results of this paper to exhibit a class of path-continuous branching processes of Crump.Mode.Jagers-type with continuum genealogical structure. A further motivation for this study lies in the construction of diffusion processes in spaces of interval partitions and R-trees, which we explore in forthcoming articles. In that context, local times correspond to branch lengths.