Holomorphic transforms with application to affine processes

dc.creatorBelomestny, D.
dc.creatorKampen, J.
dc.creatorSchoenmakers, J.
dc.date2008-07-08
dc.date.accessioned2026-07-07T09:49:07Z
dc.date.available2026-07-07T09:49:07Z
dc.descriptionIn a rather general setting of Itô-Lévy processes we study a class of transforms (Fourier for example) of the state variable of a process which are holomorphic in some disc around time zero in the complex plane. We show that such transforms are related to a system of analytic vectors for the generator of the process, and we state conditions which allow for holomorphic extension of these transforms into a strip which contains the positive real axis. Based on these extensions we develop a functional series expansion of these transforms in terms of the constituents of the generator. As application, we show that for multidimensional affine Itô-Lévy processes with state dependent jump part the Fourier transform is holomorphic in a time strip under some stationarity conditions, and give log-affine series representations for the transform.
dc.description30 pages
dc.identifierhttps://arxiv.org/abs/0807.1289
dc.identifierhttp://arxiv.org/abs/0807.1289
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/164466
dc.subjectFunctional Analysis
dc.subjectAnalysis of PDEs
dc.subject60J25, 91B28
dc.titleHolomorphic transforms with application to affine processes
dc.typetext

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