On the absolute continuity of Lévy processes with drift

dc.creatorNourdin, Ivan
dc.creatorSimon, Thomas
dc.date2006-06-30
dc.date.accessioned2026-07-07T07:17:53Z
dc.date.available2026-07-07T07:17:53Z
dc.descriptionWe consider the problem of absolute continuity for the one-dimensional SDE \[X_t=x+\int_0^ta(X_s) ds+Z_t,\] where $Z$ is a real Lévy process without Brownian part and $a$ a function of class $\mathcal{C}^1$ with bounded derivative. Using an elementary stratification method, we show that if the drift $a$ is monotonous at the initial point $x$, then $X_t$ is absolutely continuous for every $t>0$ if and only if $Z$ jumps infinitely often. This means that the drift term has a regularizing effect, since $Z_t$ itself may not have a density. We also prove that when $Z_t$ is absolutely continuous, then the same holds for $X_t$, in full generality on $a$ and at every fixed time $t$. These results are then extended to a larger class of elliptic jump processes, yielding an optimal criterion on the driving Poisson measure for their absolute continuity.
dc.descriptionPublished at http://dx.doi.org/10.1214/009117905000000620 in the Annals of Probability (http://www.imstat.org/aop/) by the Institute of Mathematical Statistics (http://www.imstat.org)
dc.identifierhttps://arxiv.org/abs/math/0606783
dc.identifierhttp://arxiv.org/abs/math/0606783
dc.identifierAnnals of Probability 2006, Vol. 34, No. 3, 1035-1051
dc.identifierdoi:10.1214/009117905000000620
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/114104
dc.subjectProbability
dc.subject60G51, 60H10 (Primary)
dc.titleOn the absolute continuity of Lévy processes with drift
dc.typetext

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