Lévy processes that can creep downwards never increase (Q1347272): Difference between revisions

A Lévy process \(X_ t\), starting at 0, is called downwards creeping if \(P(X_{T(X)}= x)> 0\) for all \(x< 0\), where \(T(x)\) is the hitting time of \((-\infty, x)\) for \(X\). It is proven that if \(X\) creeps downwards and 0 is regular for \((0,+\infty)\), then it never increases, i.e. \[ P(\{t: \text{ there is } \varepsilon< t \text{ such that } X_{t'}\leq X_ t\leq X_{t''},\;\forall t'\in [t- \varepsilon,t] \text{ and } \forall t''\in [t,t+ \varepsilon]\}=\emptyset)= 1. \] This work is a continuation of a paper of the author [Stochastics Stochastics Rep. 37, No. 4, 247-251 (1991; Zbl 0739.60065)].