Uniform control of local times of spectrally positive stable processes
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.